GREY:LVNNF - Post by User
Comment by
bunjejumpon Mar 20, 2017 1:14pm
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Post# 26002851
RE:RE:RE:RE:Zinc Play?
RE:RE:RE:RE:Zinc Play?Heywood:
This is an excellent short term summary of the gold and silver manipulation situation. Well Done. I suggest that investors avoid trusting GLD and SLV which are a pair of the players ued to manipulate the paper market in precious metals. If one likes to own their "physical" precious metals in the form of a security, concentrate on the Sprott Trusts, PSLV and PHYS, the Candian Central Fund CEF or the Merk US based physical trust. OUNZ.
I prefer bullion coins from the US and Candian Mints and generally avoid the bars. There have been a number of cases of gold bars with tungston in the middle since the atomic weight of tungston is close to gold. Not sure who does this sort of thing, but some rumors have been traced to China.
One has to remember that precious metals are a form of "homeowners insurance" against a currency collapse. They are simply a store of value. One is not likely to use a Maple Leaf to buy a hamburger at McDonalds. The big players like countries and central banks are loading up on gold and to a certain degree on silver, so price manipulation allows them to acquire the physical metals at lower prices in anticpation of a major finacial system or currency collapse.