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Wednesday, May 5, 2010

International Forecaster May 2010 (#2) - Gold, Silver, Economy + More

There are only two kinds of gold and silver to own.  Physical gold and silver that are located above the ground and that are also in your possession (which can be owned via coins, bullion, jewelry, etc.), and physical gold and silver that is located below the ground (which can be owned through producer shares which represent an ownership interest in the ore containing the raw and unprocessed metals).  That is because while owners of bogus paper interests in above-ground gold and silver such as ETF shares, COMEX and LBME contracts, mint certificates and OTC derivative contracts in gold and silver are subject to fraudulent claims of ownership, storage, possession, inventory levels, security issues, insurance issues and metal content, those who take physical possession of their above-ground gold and silver need only worry about security and insurance issues, easily resolved with a private safe/secret hiding place and a call to your insurance carrier.

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