Silver as an investment

The Weekly Telegram – What Bob Pisani forgot to tell you about GLD

Bob Pisani from CNBC takes a tour of the SPDR Gold Trust Vault in London but forgets to tell you what the prospectus really says. After reading the prospectus, GLD seems to be littered with clauses that screw the holder of GLD.

Gold is in a bull market but central bankers do not want the public to buy physical gold and silver to hedge against inflation and deflation or hyperinflation.

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

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