June 4th, 2013

Иван Дурак

A Ponzi Scheme in Gold


Did you know that the supply of real gold is 400 times less than what's traded in paper form every day?

- If everyone tried to redeem their claims for gold, the entire system would implode
- Many would call this a sham. I would call it a Ponzi scheme

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http://www.zerohedge.com/news/2012-11-30/gold-and-potential-dollar-endgame-part-2-paper-gold-what-it-good