Saturday, April 20, 2013

Jim Puplava: Fast and Furious - Paper Gold vs. Physical Gold - The Real Story Behind Gold’s Decline

Jim Puplava’s Big Picture: Fast and Furious- Paper Gold vs. Physical Gold - The Real Story Behind Gold’s Decline

Kathryn Derbes of KDerbes Precious Metals LLC - “We’re Completely Out of Silver Eagles - They’re Gone”

"In this segment of the Big Picture Jim looks at the large decline in gold and silver, and gets into the reasons behind the carnage, as well as the huge difference between “physical gold & silver” and “paper gold & silver”. Jim notes that investors should know why they own gold, understand it, and then leave it alone. Also, Kathy Derbes CFA, and CEO of KDerbes Precious Metals LLC, joins Jim in this segment. She notes the current record buying of physical precious metals, last seen during the Lehman crisis, and says her firm is “completely out” of Silver Eagles. Kathy is not even taking orders for more Eagles, as it may take six to eight weeks or more to acquire them."

Gold Wash Out - Chinese Gold Exchange Sold Out - Begins Importing From Switzerland

'The result of the Special Op Gold Wash Out could be quite contrary to the desired one - Kill the Confidence in Gold as Ultimate Currency."

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