Nostradamus wouldn't believe SLV's claim of huge increase in metal holdings
12:17p ET Thursday, January 17, 2013
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg at the Got Gold Report --
-- and Zero Hedge --
-- report today on a huge addition of silver holdings claimed by the exchange-traded fund SLV.
What does it mean? Is this real metal or just another paper entry? Maybe it means only what all this stuff means: If you don't own your metal outside the banking system, you don't own it at all.
A Zero Hedge poster notes that the medieval French seer Nostradamus seems to have anticipated the great fraud of paper gold and silver:
Les simulacres d'or & argent enflez,
Qu'apres le rapt au lac furent gettez
Au desouvert estaincts tous & troublez.
Au marbre script prescript intergetez.
The copies of gold and silver inflated,
Which after the theft were thrown into the lake,
At the discovery that all is exhausted and dissipated by the debt.
All scrips and bonds will be wiped out.
If you study the French text closely enough maybe you can find a coded acronym for JPMorganChase.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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When the Subcommittee on Domestic Monetary Policy of the U.S. House of Representatives twice called on economist, historian, and gold standard advocate Lewis E. Lehrman to testify. ...
World opinion is changing in favor of gold.
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