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<p>[QUOTE=&quot;Owle, post: 1201905, member: 22004&quot;]Bix said:</p><p><br /></p><p>There will be a lot more of this as the veil comes off the metal market rigging operations. Kitco was running a gold and silver ponzi scheme that was started by none other than the infamous Jon Nadler. </p><p><br /></p><p><br /></p><p><br /></p><p>Nadler was the inventor and promoter of the Pooled Metal Investment accounts. He started this at Bank of America then implemented it at the Perth Mint, Kitco and the Royal Bank of Canada. The idea was that since everyone doesn&#039;t cash in their gold and silver certificates at the same time you could sell allocated and unallocated pooled account certificates without buying the actual metal. You then take that money and invest it in some other interest baring account and you get the interest gains.</p><p>&quot; ~ Bix Weir</p><p><br /></p><p>Where there is smoke there&#039;s fire.</p><p><br /></p><p>I wouldn&#039;t want to be a customer of Kitco with this cloud hanging over their head.[/QUOTE]</p><p><br /></p>

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