GQC has the Gold and much much more in other deposits on the same claims.....it could be considered a precious and base metals bank
Word on the street is ... & do not take my word for it, research it yourself for peace of mind.
Word is COMEX would shut down if Silver gets close to or crosses the $ 50 usd mark.
Retail Gold & Silver companies are saying Silver is actually worth $157.19 today once all paper shorts, paper ETFs, silver derivatives etc. etc are removed forever - it is coming faster than most can fathom. Then again it could go to much higher levels. My bet is it goes way higher when all is said & done, all financials in every sector are reported accurately/correctly. This time it all comes in real nimbers - bs has no longer standing in todays world wide market place IMHO.
Banks are in big trouble. The banking collapse has ARRIVED. BANKS are PANICKING
Not only are regional banks continuing their orderly selling, BIG Banks are selling off drastically after a TERRIBLE Earnings report all across the board.
Wait till the banks attempt to negotiate with the Fed this weekend, all behind closed doors, only to be told that the Fed no longer is in control of the currency of the United States. Opps what was that - oh yeah that's a Fact Jack!
For every $1 that Silver goes UP in spot price, Bank of America LOSES $800,000,000 - how many other banks are in the same predicament?
In the last 7 days that Silver has gone from $24/oz to $28/oz, BOA has lost $3,200,000,000 (THREE POINT TWO BILLION DOLLARS)
Where is your wealth today ? Banks are an ugh moment.
Precious physical in your possession Metals would be a safe bet: no the only bet in my camp.