muses of the moment

July 13, 2012

Gold as collateral

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 1:09 pm

CME is happy to take your physical gold as collateral for trading. How nice of them! But BEWARE, JP Morgan London office will “hold” it for them……DON”T YOU BELIEVE IT.

Click here.

Yuck! Icky!


1 Comment »

  1. So sad, how you have to warn people not to let JPM hold their Gold. At work people still dont get it but are slowly coming around even though they do not understand the full extent of the fraud and its ramifications. So sad…

    Comment by SilverOrGold — July 13, 2012 @ 3:28 pm

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