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In my last report on
the major silver frauds in the silver world, I identified 7 major silver
frauds.
The World is Filled with Silver Fraud
http://silverstockreport.com/2008/fraud.html
But I neglected to mention the silver certificates that are sold by
Canadian Banks. In recent reports, I have mentioned that most Canadian
silver shops are sold out of silver, and also, I've reported that most of the
major bullion banks in Canada have been sold out, or nearly sold out of
silver and gold.
Finally, a clearly written independent report of a silver certificate
default, or failure to redeem the certificate, has appeared on the web.
http://canadiansilverbug.blogspot.com/2008/12/silver-certificates-and-failure-to.html
This failure of major banks to deliver silver should be big news,
but it is sorely neglected by all major media, who don't care one tiny bit
about honesty and truth, and silver is even less of a concern to them.
That first report was a complaint about TD Canada Trust.
TD Canada Trust is owned by Toronto Dominion Bank, who owns TD
Ameritrade. This news is almost enough to convince me to liquidate my
TD Ameritrade account, or at least ask for my certificates. Maybe I
will, tomorrow, but tonight, I must send out this report.
But wait! Another report came out tonight about another Canadian Bank
who also could not produce silver or gold upon request! This one came
from Bill Murphy at
www.lemetropolecafe.com I read Bill
daily. (You can subscribe for a free two week subscription!)
Excerpt:
I just phoned the main branch of the
Bank of Nova Scotia here in Halifax, Nova Scotia for an appointment to
purchase more gold and silver maples. My contact told me there is no silver
to be had at this branch. She is going to call me back in 15 minutes to
advise me of their inventory of gold maples and one ounce bars.
I remember an e-mail
that was sent out by GATA advising of two main branches of BNS that had gold
and silver for sale (Toronto and Halifax). Perhaps that note has resulted in
a run on inventory. Either way, it remains very difficult to acquire these
products. At today's spot price, it's more than a bargain if you can get it.
It is my firm belief that gold and
silver will explode in price and we won't have to wait very much longer. There
is just too much paper currency being introduced into the market and even
more being promised. As I have learned from you and GATA, there is only one way to protect one's wealth
and this is it.
Sincerely,
Dana Dobbin
Meanwhile, I and another Canadian silver dealer, and Peter Spina, offer
silver for immediate delivery at www.seekbullion.com
Tomorrow, Wednesday evening, I auction off 5000 oz. of Engelhard bars,
starting at $10/oz.
Thursday night, I've put another 5000 oz. up for auction.
My mother who is helping me out will also soon be listing 5000 oz. of
freshly minted 1 ounce rounds at www.seekbullion.com, that will be
shipped immediately upon the close of the auctions.
Sincerely,
Jason
Hommel
www.find-your-local-coin-shop.com
www.silverstockreport.com
www.miningpedia.com
www.bibleprophesy.org
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