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Author: PosFCF Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 461650  
Subject: Re: Warm Fuzzies Date: 4/21/2013 2:06 PM
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Wendy

I'm quite a cynic when it comes to the amount of money represented in the GLD and SLV vehicles in an age of too big to jail. That's why I've revisited the GLD prospectus. Whether one wants to "fondle" ones gold or own some other instrument where someone else holds the asset, the safety of the holding should never be in as much question as it is these days. We need a lot of work, but I'm afraid it will take a crisis more severe than 2008-9 to get through to the average citizen that the job of reform isn't done until the bill is simple, passed, enacted and funded.

A lot is made of thousand page bills. Well who made them that ungainly? In a word, the lobbyists and those who pay them to ensure that their particular gravy train continues in spite of outrage and uproar.

Poz
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