I’m sure that Gerald has other investments but he has just learned a good lesson on ordering gold futures in this kind of a market. I still can’t believe he did it. I saw him ranting and raving about it to Alex Jones.
My bet is he was going to request delivery in London or Switzerland and this is an easy way to do it. The commodity exchange (CME) is familiar with safely delivering silver and gold to a foreign bank and can be trusted to do it right (lol)
Real gold bugs are holding some metal outside of Obama’s jurisdiction. The po’ gold bugs can’t do this
Eric Sprott’s physical gold fund is very popular because Sprott is trustworthy and it is held in Canada which is oil, mining and extraction friendly. Gold was never confiscated in Canada in the Great Depression