Thursday, March 28, 2013

I don't normally... to this particular website (which has a decidedly End of Timer bent to it, and has since its inception), but it does have a typically bombastic article about one of my favorite topics: Galbraith's Bezel and all those wonderful "Gold Linked" securitizations...

In other words: that physical gold that your trusted "held" on your behalf... they never really held it, and neither did you. But don't worry: all the gold "held" by various brokers professing physical possession and not to mention thousands of assorted paper gold ETFs is certainly there.

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