Is it better to own physical Gold and Silver or Gold and Silver ETF’s?
Since there are over 250 paper ounces of Silver traded via ETFs every day per 1 ounce of physical Silver and over 300 paper ounces of Gold traded every day by ETF’s for each ounce of physical Gold, it should be clear to anyone who is paying attention that it is best to own physical Gold and Silver.
ETFs are little more than a Ponzi’s game designed to allow people to believe that for each paper ounce of Silver or Gold they own, they actually own the equivalent amount of physical Silver and Gold.
The question you have to ask yourself is…if hundreds of people have a paper ounce claim but only 1 ounce of physical actually exists, how is this going to play out if everyone demand delivery at the same time?
The answer is not well for hundreds of people owning paper shares except one.
Big banks are able to manipulate the Gold and Silver market through the use of ETFs and naked shorting. According to Zero Hedge, Deutsche Bank has admitted to manipulating the physical and COMEX futures market since January 2007. They also have implicated the bank of Nova Scotia, HSBC, and UBS.
Given all of these facts, is clear that the best option is to own physical Gold and Silver.