OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

A snip from Harvey Organ’s site

Posted by silverngold @ 11:02 on October 31, 2014  

What I have been saying for a long time.    Careful if you’re in ETF’s!!!                   Silverngold

The two ETF’s that I follow are the GLD and SLV. You must be very careful in trading these vehicles as these funds do not have any beneficial gold or silver behind them. They probably have only paper claims and when the dust settles, on a collapse, there will be countless class action lawsuits trying to recover your lost investment.

There is now evidence that the GLD and SLV are paper settling on the comex.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.