“Gold Ponzi Schemes” Revealed - Physical Gold Favored Over Derivatives
Our friend Stephen Flood's GoldCore writes this morning:
Mark O'Byrne, executive director of GoldCore, talked about the outlook for gold prices and the merits of purchasing the physical metal over derivative products with Linzie Janis on Bloomberg Television's "Countdown" today.
He warned regarding the various “gold ponzi schemes” that have come to light recently and advocated owning physical gold and if storing to own gold in an allocated or segregated manner.
The Bloomberg video ‘Physical Gold Favored Over Derivatives at GoldCore’ can be viewed here.
August 17, 2012 (Source: GoldCore)
