Thursday, April 25, 2013 6:33:27 AM
“A year ago Egon von Greyerz was reporting that clients of his went to their respective banks to try to get their allocated gold in order to transfer it to his company GoldSwitzerland. In those instances they got it, but the wait was incredibly lengthy, and the physical gold was actually minted after they requested it. Well, if it was really allocated it would have been there."
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/24_Embry__Panic_In_The_Gold_Market_Creating_Problems_For_Shorts.html
Tells me the allocated gold is allocated on record and not in inventory. Where the physical went and who holds it is another question everyone is asking. Regardless, this would make beaten down miners with proven resources/balance sheets a fitting alternate to holding bars/coins.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/25_Sinclair_-_This_Is_The_Beginning_Of_The_End_For_The_Gold_Shorts.html
JMO
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/24_Embry__Panic_In_The_Gold_Market_Creating_Problems_For_Shorts.html
Tells me the allocated gold is allocated on record and not in inventory. Where the physical went and who holds it is another question everyone is asking. Regardless, this would make beaten down miners with proven resources/balance sheets a fitting alternate to holding bars/coins.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/25_Sinclair_-_This_Is_The_Beginning_Of_The_End_For_The_Gold_Shorts.html
JMO
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