Comment: I wish I knew everything

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I wish I knew everything

But not even the most expert of experts have that. However, what I would say is to look at the current repatriations that are starting to occur. Countries and independent investors are pulling out of these paper represented holdings and taking home the phyzz so they know they have it when the skirts get blown up in the winds of change.

http://www.silverdoctors.com/german-calls-for-gold-repatriat...

http://www.silverdoctors.com/2-4-million-ounces-of-silver-wi...

http://www.csmonitor.com/Business/Latest-News-Wires/2011/090...

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/...

I also wonder where these holding banks get this gold. In many cases it's not even 'their' gold. They are holding a lease on it from Central Banks, when in all reality in my mind these banks are leasing gold to storage facilities that is already owned by someone else. Kind of reminds me of the fiat currency system...

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