@567,
I read a similar article regarding this about a week ago. The pressure is building. The people are realizing that the German gold may not even be there, leased out, and or "rehypothicated" many times over.
According to James Turks, there will be a point where physical holdings will outpace the paper equivalent.
(as long as stocks are able to trade) God help us, once the trading collapses due to Fat finger, EMP, gov intervention, or a CIA / blame it on Iran coverup false flag event.
But as long as stocks continue to trade, I'll be invested in CGFi, and other mining companies. Because things are about to get really crazy.
Physical wars will be fought over this sort of thing. Get physical gold and silver and add it to your personal home portfolio. Because there will come a day when PM's sky rocket, and go up so fast people won't be able to get into them, stocks or physical.
This is exactly why Colorado gold fields will be a historic investment op. IMHO.
And as long as Obummer doesn't use his executive power to nationalize the mines/ or PM, then we should be in the green.
But as nations struggle, and corruption runs rampide .. There's going to be some SERIOUS volatility.. Buy on the dips, and hold long, this stock could very well launch upward in due time (fall 2013/ summer 2014). Right around the med- end term of bull run upward towards vertical gold price spikes.
I'm buying more CGFI in the next week or so. Also more physical because the scandles won't stop, the criminality won't stop, and the demand for physical and mining shares will only increase.
Go long and strong-
Shy-
