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  #11  
Old 07-12-2012, 03:16 PM
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Default On Gold; Morgan Stanley Is Buying What Goldman Is Selling

On Gold; Morgan Stanley Is Buying What Goldman Is Selling

http://www.zerohedge.com/print/460747

Submitted by Tyler Durden [1] on 12/06/2012 15:47 -0500

Just yesterday, Goldman Sachs suggested its clients should sell their gold [14] (to them?) as the precious metal cycle had turned. It seems Morgan Stanley disagrees; the firm's preferred fundamental metal exposure for 20913 is Gold. Expecting Silver to outperform also (given its 'cheaper' store of value), MS believes nothing has changed on the fundamental thesis for owning gold as the adoption of QE 3 (and 4...) and the ECB's commitments (and BoJ) remain the most important factors for a continuation of weakness in the TWI trend for the US Dollar. They also add that low nominal and negative real interest rates, ongoing geopolitical risk in the Middle East and continued mine supply issues are also supportive. From India and ETF demand to central bank buying and USD weakness - MS seems to be buying what GS is selling (or is less about muppet-mauling).



Via Morgan Stanley:

Gold remains our preferred fundamental metal exposure heading into 2013. Gold has long been viewed as safe haven and store of value. However, in recent years, global fiscal and monetary developments have given gold a more prominent role as both a central bank reserve asset and one with a value akin to cash as the global financial system moves to adopt Basel III standards for capital in 2015.

We see a number of items that should drive further price appreciation from here.

Weaker USD: The US Federal Reserve commitment to a near zero Federal Funds rate though 2014 and open ended purchases of mortgage backed securities should continue to pressure the value of the US dollar on a TWI basis. At the same, the ECBís decision to adopt an unlimited bond purchase program through the Outright MonetaryTransactions (OMT) initiative, subject to the conditionality of a full EFSF/ESM facility, reduced downside risks for the euro and increased the likelihood of downward pressure on the TWI of the USD, via the USD/EUR cross rate.

Central Bank buying: Central banksí preference for gold as a reserve portfolio asset further underpins the continued growth in gold investment demand. 3QTD, net increases in central bank holdings were 268t or 8,616Mozs, led primarily by emerging market central banks. The official sector has now been a net buyer of gold each year since 2009, as developed economiesí central banks have sold increasingly small quantities of gold.

...
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  #12  
Old 01-01-2013, 07:47 AM
Altima Altima is offline
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Exclamation Counterfeit 100 oz silver bars

Just stumbled upon this website that describes counterfeit silver bars.

I guess it's inevitable once the prices of silver were to go up tremendously.

http://about.ag/LeadFilled100OunceBars.htm
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  #13  
Old 23-10-2013, 10:14 PM
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Default Fake silver bullion and coins show up on Craigslist

Fake silver bullion and coins show up on Craigslist

http://www.kirotv.com/news/news/fake...igslist/nbTf4/





the capsules is wrong, non air-tite brand, when you can not fit the standard 1oz bars into an air-tite, then be suspicious in this case the bar is thicker.

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Last edited by alor; 23-10-2013 at 10:19 PM.
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  #14  
Old 23-10-2013, 10:16 PM
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compare to a real silver bar in air-tite



measurement http://bullion.nwtmint.com/silver_stagecoach.php
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Last edited by alor; 23-10-2013 at 10:18 PM.
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  #15  
Old 27-12-2013, 08:42 PM
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Default fake engelhard rounds

the shinny proof one is fake! on the left in the u-tube


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  #16  
Old 03-01-2014, 09:43 PM
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Default

some originals







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  #17  
Old 12-05-2014, 08:25 PM
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Default Two men arrested for pawning fake gold jewellery in exchange for cash - See more at:

http://www.straitstimes.com/news/sin...e-cash-2014051

Police have arrested two 28-year-old men for allegedly pawning fake gold jewellery.

Since April, a spate of cheating cases involving fake gold jewellery at pawnshops islandwide were reported. The suspects would visit the pawnshops and pass off the fake jewellery as genuine ones in exchange for cash.

Two male suspects were arrested on May 6. Fake gold jewellery were also recovered in one of the suspect's possession. Preliminary investigations indicated that the duo were involved in a few cheating cases involving more than $7,000.

Investigations are on-going. The offence of cheating carries a punishment of imprisonment for a term which may extend to 10 years and a fine.

- See more at: http://www.straitstimes.com/news/sin....YdRnU1CG.dpuf
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  #18  
Old 15-05-2014, 03:06 PM
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Default fake again kook





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  #19  
Old 30-09-2014, 11:08 AM
VanGogh53 VanGogh53 is offline
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This is troubling and someone has provided an Alibaba site on a business producing fake coins. How could a business be allowed to provide FAKE coins?
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  #20  
Old 17-11-2014, 03:04 PM
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Default

buy stuff really must be careful
must do weighting or ultrasound to see if real silver or gold
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