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<p>[QUOTE=&quot;Stewart, post: 1448829, member: 19834&quot;]This post is in no way about politics, It is about the safety and intrinsic value of Precious metals</p><p><br /></p><p><br /></p><p><b>The Aricle is Just another main Stream Media Commercial for the Banks, in the form of an informative article.</b></p><p><br /></p><p>Worst place on the planet to keep any money that you can not afford to lose is a Bank.</p><p>They will not only pay you a pittance in interest. But when the bank runs begin here as they</p><p>have started in other countries (Greece,Italy,Spain) The FDIC in no way what so ever</p><p>will have the ability to cover the losses. </p><p>&nbsp;Bank of America&#039;s Merrill Lynch division moved over 50 TRILLION dollars in derivatives to their banking division and co-mingled it with bank customers accounts that are covered by FDIC insurance late last year</p><p><a href="http://www.zerohedge.com/news/bank-america-forces-depositors-backstop-its-53-trillion-derivative-book-prevent-few-clients-dep" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.zerohedge.com/news/bank-america-forces-depositors-backstop-its-53-trillion-derivative-book-prevent-few-clients-dep" rel="nofollow">http://www.zerohedge.com/news/bank-america-forces-depositors-backstop-its-53-trillion-derivative-book-prevent-few-clients-dep</a></p><p><br /></p><p><b>Who do you think will get covered first ? Customers or Bank of America Derivatives losses ?</b></p><p>Just ask MF Global customers how things worked out for them when their Cash Accounts were stolen about the same time last year</p><p>as Bank of Americas tricky moves.</p><p><a href="http://www.zerohedge.com/news/someone-going-jail-mf-global-caught-stealing-hundreds-millions-customers" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.zerohedge.com/news/someone-going-jail-mf-global-caught-stealing-hundreds-millions-customers" rel="nofollow">http://www.zerohedge.com/news/someone-going-jail-mf-global-caught-stealing-hundreds-millions-customers</a></p><p>Of course John Corzine did not go to jail, he raises too much money for some one<u></u></p><p><u><b>Another neat trick with the Precious metals out right owned by people</b></u></p><p><u><b>having receipts for their stored metals At MF Global</b></u></p><p><u></u><u>&quot;The trustee overseeing the liquidation of the failed brokerage has&nbsp; proposed dumping all remaining customer assets—gold, silver, cash,&nbsp; options, futures and commodities—into a single pool that would pay&nbsp; customers only 72% of the value of their holdings</u>. In other words, <u>while&nbsp; traders already may have paid the full price for delivery of specific&nbsp; bars of gold or silver—and hold &quot;warehouse receipts&quot; to prove it—they&#039;ll&nbsp; have to forfeit 28% of the value.</u>&quot;</p><p><a href="http://jessescrossroadscafe.blogspot.com/2011/12/attempt-to-seize-and-liquidate-customer.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://jessescrossroadscafe.blogspot.com/2011/12/attempt-to-seize-and-liquidate-customer.html" rel="nofollow">http://jessescrossroadscafe.blogspot.com/2011/12/attempt-to-seize-and-liquidate-customer.html</a></p><p><br /></p><p>In this volatile financial world right now <b>Gold and Silver, </b>(<b>which has been money for thousands of years</b>)</p><p>Land and anything of real tangible value are basically the best places to be financially.</p><p>Paper is JUST Paper. Great for writing on but not a whole lot of real tangible value.</p><p><br /></p><p>Given the information I have learned in the last three years</p><p>of daily research on this subject. These are just three examples.</p><p><b>The Rabbit Hole Goes A Whole Lot Deeper Alice</b></p><p>Just My Humble Opinion[/QUOTE]</p><p><br /></p>

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