Explor Resources Inc New EXSFF

RE:RE:RE:RE:RE:Brand Awareness

[PhillyJack]

Sask, it is because so many financial institutions are selling unallocated gold. Let's say you have 1,000 customers who want to buy gold at an average of 50 oz. per customer. You open accounts for each customer, take their money, and buy 2,000 ounces of gold to put in the vault, even though on paper your customers supposedly own 50,000 ounces total. You just keep enough in the vault for redemptions, and try to get your customers to continually roll over their accounts or take redemptions in cash. Customers in such accounts don't own an actual stack of gold bars or coins. They just have a claim that the financial institution owes them physical gold at some point in the future. It is a deceitful practice IMO, and also one of the reasons gold has not been rising. Some places reportedly owe 500 ounces for every ounce they actually have in the vault. It is a forest fire in search of a match. At some point we will have a run on gold.