Sunday, September 26, 2010

Real Gold vs Paper Gold

Amigos, my niche is taking complicated concepts that real brainy guys and gals think up then I explain what these smarty pants are taking about to regular folks. I could barely understand what these brilliant people were yapping about especially at first. But I hung in there until I got their drift. Then I would write what these people actually meant in terms that almost anybody could understand.

Take gold for example or more precisely the price of gold as measured in dollars, pounds, euros, etc. First you must understand that there are two kinds of gold available to purchase - paper gold and actual gold. Basically, the difference between the two is actual gold you get to take delivery of the gold itself while paper gold is just a piece of paper that says that you own some gold.

Here's the swindle. Because the central banks the world around have been printing up so much money, especially the U.S. dollar, they needed a way to suppress the price of gold. If gold were to shoot up to $5000 dollars an ounce it would expose how weak the dollar actually is due to hyperinflation. So the banksters created paper gold. Here's the problem with paper gold. The banksters have sold way more of the paper gold then they actually have on deposit. If everybody demands their gold all at once to be delivered the banksters just don't have it. Still, people buy and sell this paper gold while the swindle remains hidden by government and network media.

To keep people from buying actual gold delivered to them, the banksters offer paper gold for as much as 30% off. But as they say, nothing from nothing is nothing. It is a gold Ponsi scheme run by the banksters, sanctioned by the government and omitted by the network media.

So for goodness sake Amigos don't own paper gold! As soon as the public at large realizes this much bigger swindle than Bernie Madoff 's then the price of actual gold will hit at least $5000 an ounce perhaps $10,000. So you'd be wise to grab up some of that $1300 actual gold if you can get your hands on it now amigos.

Man are people really going to be mad about this swindle too! The government, banksters and the networks will not be able to scapegoat their way out of this one. If this gold Ponsi swindle becomes widely known then gold will explode in price and millions of suckers including a great many national treasuries that are holding paper gold are going to get screwed. Governments will fall, politicians and banksters will head to prison and the networks will be seen for what they are - totally worthless. One is better off being uninformed than misinformed by the network media.

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