November 15, 2011
RT America
This just goes to show how any one who holds anything in paper (i.e. ETFs, stocks, mutual funds, currency, bonds etc.) will get burned. The fact that Mr. Celente's money was stolen should really bring home the point that if you don't have physical gold & silver you are going to be robbed blind.
The recent bankruptcy of financial stalwart and Wall Street casino failure MF Global in the US, has claimed a new and unlikely victim. Following the company’s glorious collapse, Trends Research founder Gerald Celente had his own six figure gold investment account completely looted by chapter 11 trustees, and he is fighting to get it back.
An ethical person - like a politician, banker or lawyer - may know right from wrong, but unlike many of them, a moral person lives it. An Americanist first already knows that. Bankers and their government agents will always act in their own best interests. Any residual benefit flowing down to the citizens by happenstance will just be litter.