Replies

To: Palter

“””Today’s problem are the speculators who ‘buy’ something, ie ETF’s, Oil, without the physical delivery.”””

The ETF takes physical delivery. Letting someone act as your agent has been part of business for centuries.

24 posted on 04/23/2011 5:49:40 PM PDT by Presbyterian Reporter

To: Presbyterian Reporter

Sure, trust the banksters.

28 posted on 04/23/2011 5:55:50 PM PDT by Palter (If voting made any difference they wouldn't let us do it. ~ Mark Twain)

To: Presbyterian Reporter

The ETF takes physical delivery

Yeah...but are we sure GLD and SLV really take hard metal as delivery?

59 posted on 04/24/2011 4:31:22 AM PDT by spokeshave (Obamas approval ratings are so low, Kenyans are accusing him of being born in the USA.)

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