Gold Investment: Avoid paper gold

Gold Investment - 9 January 2012

Many holders of gold and silver in paper form got slaughtered over the festive season. The paper manipulators have once again used the quiet festive period as an opportunity to take gold and silver to the cleaners in the paper market.

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

It is now probably more important than ever before to subscribe to the "if you don't hold it you don't own it" mantra. The paper manipulators have like in the past made ample use of a very quiet trading period to absolutely smack down both gold and silver prices. Needless to say, this has scared many gold (and silver) investors shirtless, especially those who are still stuck in the paper market. This while the holders of physical gold (and silver) are too a pretty large extent not worried about this, because firstly, the manipulators make it even more cheaper to acquire physical gold (and silver), secondly, their shenanigans do not affect the intrinsic value of the physical gold (or silver) held, and thirdly, at one stage or another the physical market is going to decouple from the paper market, it is just a matter of time. Yes, it is in human nature to speculate about price levels and to feel happier when prices move in the direction we hoped, especially when it happens within a certain time frame. However, if we’re honest with ourselves, we’ve got to admit that we’re not doing ourselves a favour by being in the paper market, exposing ourselves to the shenanigans of the psychopaths (paper manipulators). Therefore it is best to avoid the paper market like the plaque itself and to acquire or buy physical gold (and silver) only. In addition, the MF Global scandal has shown the outmost importance of avoiding third party storage systems. Again, it boils down to "if you don't hold it you don't own it."

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

Believe us; it is much safer and joyful to watch this freak show unfold from the sidelines with a stack of physical gold (or silver), than to be in the paper market and getting slaughtered. It is then when one doesn’t really care whether gold prices (or silver prices) move North, South or sideways (although it can be entertaining). The fact is that there is very little the bastards can do to destroy the intrinsic value of the physical gold (and silver) you hold. Yes, you can expect that they will try to confiscate it at some stage or another, especially when their global fiat Ponzi scheme utterly collapses. This is why gold (and silver) ownership should not be announced from the rooftops in case the neighbours decide to get friendly with the secret police. In fact, it is always best to play dumb or dead!