Yet another report declaring that gold bullion is in short supply. Many 'paper gold' ETF's are fooling people into believing that they hold real bullion safely. Boy, are they going to be surprised if/when we get to the kind of crunch that sees real bullion in severe demand. As author Patrick Heller points out in the article below, Credit Suisse is defending two law suits now over the issue of the bank selling depositors gold.Dont' get caught in a similar situation. Contact me for real bullion, safely stored in Canada now.

In the meantime, here is an excerpt from the article: "In the London Bullion Market there were even more reports that it is becoming almost impossible to obtain delivery of physical gold. In theory, the London market contracts are to be settled by delivery of physical gold, but many would-be buyers who ask to buy a contract to take delivery are having their bids rejected. Others who have purchased contracts are having to hire attorneys to force the sellers to comply with the terms of the contract. The stories continue to mount about buyers being offered substantial bonuses in return for not taking delivery on these contracts.

As the number of stories grows about non-existent physical gold theoretically being held to cover shares of exchange traded funds, certificate programs, commodity contracts, and non-allocated storage accounts, I think it is long past time to get out of such forms of “paper gold.” In the past six months, a significant number of owners of such assets have liquidated them to replace them with physical gold in their immediate custody or allocated storage. I expect huge shortages of physical gold to develop in the next one to two years, with the result that many owners of “paper gold” will learn to their dismay that they don’t really own gold. Any reader who owns gold in paper form may soon find themselves in much better financial circumstances by promptly turning that asset into the real thing under their own control." Read more here: Numismaster.com