allpills.net tretinoin mg uk what is adderall made of alti doxycycline mg no prescription coumadin online mexico what is vantin for where can you buy nolvadex where to buy cialis online yahoo answers robaxin tablets 500mg us online pharmacy no prescription emoquette buy pilex online usa premarin tablets side effects buy viagra sublingual online from australia probalan buy online mexico retin a 0,025 side effects uk buying viagara in canada buy sildenafila online us no prescription retino a cream 0,025 online hoodia pills canada american tinidazole pyridium plus discontinued capoten online canada where to tretinoin 0 025 us buy depakote online order depakote dipyridamole generic uk dapoxetine sale acticin perth australia express shipping arimidex levlen without subscription aspirin 100 mg heart where to get prevacid no prescription zetia prednisona vademecum peru what is pilex do i need a prescription for januvia buy cheap premarin pills beta val for men sale in uk does lasix make you gain weight discount atacand 32mg purchase mircette in us over the counter erection pills cystone not generic is cefadroxil available on line in canada calan uk pharmacy innopran xl on line in the usa roaccutan for sale uk keftab mexico no prescription buy geriforte tablets uk purchase mentax in usa pilex tablets buy get viagra free nhs over counter microzide urispas online usa generic lipitor in us aristocort uk sale bactrim shopping where to viagra soft ordering low dose revia yaz tablets price generic cabaser india where can i buy moduretic online without a prescription online pharmacy no prescription needed bactrim beat way to order omnicef cheap prograf 100 mg remeron buy online india levothyroxin online from uk levitra 20 mg online duetact birth control online canada pastillas para la ereccion en colombia propranolol cheap australia pharmacy diclofenac gel where to buy cleocin without a prescription snovitra super power noprescrition needed usa online pharmacy januvia for dogs buy order micronase from mexico without prescription order carafate rx klipal codeine medication mxtabs guitar tabs cheap coumadin 100 mg can order azurette canada betnovate lawsuit canada purchase tretinoin 0,025 mg benfotiamine tablets use can i order luvox no prescription in the usa online pharmacy no prescription needed advair diskus purchasing key pred online uk where can i order fincar safe zanaflex no precription what does risperdal do to you coupons for acai berry diet can you order prednisolone online without purchase american express at work login usa buy astelin online from usa canadian pharmacy biaxin how long does it take norvasc to start working how to use levitra symptoms of anxiety and depression order thyroxin from mexico without prescription list of tesco stores selling dutasterid what is albendazole pills used for prednisolone prescriptions billig fluss 40 online kaufen get tricor las vegas no prescription renagel imitrex tabs 9s phentermine slimming tablets uk dipyridamole online forum revatio 30 day free trial what is pilex made of aristocort cream australia ethionamide shop net plavix tablets for purchase where to buy meclizine online mexico discount viagra soft of canada buy priligy pills in the india viagra professional medication order nitrofurantoin legal us atarax where to purchase western drug prednisolona buy diovan boots pharmacy how to buy disulfiramum online how much is levothroid tablets exelon by mail is it safe to order tretinoin where can i purchase albuterol xenical dose what does phenergan have in it best place buy clopidogrelum pct online pharmacy albenza aricept drugs allegra for men in usa doxi 1 supplier in uk buy viagra soft inhaler canada metmorfin type 2 diabetes buy erection packs 2 with a mastercard crestor for sale online ordering nordette usa deltasone from canada with no prescription actos pharmacy order cheap dipyridamole 100 mg online pharmacy usa reviews cost of amlodipinbesilat buspar australia sildenafil tablets 50mg buy cardizem uk buy online antivert generic valtrex prices australia i pill diclofenac gel website stopping remeron weight loss phone in order for synthroid klipal codeine mg no prescription orlistat side effects heart valtrex buy actoplus online canada no prescription orlistat class action lawsuit diovan hct 320 25 mg levothroid for sale usa no rx levitra professional online can you get acai berry at walmart order femara canada is zofran legal in uk amantadina clorfenamina paracetamol in english buy seroflo tablets canada medrol dosepak italiano klipal codeine canadian online overnight pharmacy generic valtrex pill pictures metformin cheap uk pharmacy kamagra oral jelly australia can you only get rumalaya gel on prescription best time of day to take lipitor medication hytrin over the counter tizanidina from canada emsam lawsuit hytrin birth control online uk non generic sinequan alli without prescription medication avodart medication discount terramycin otc can cephalexin make you gain weight prednisone 20 mg uses side effects zerit discount where to buy tamoxifen citrate nolvadex where to buy ivenox with visa levothroid from canada without rx buy diamox online canada what drug category is kamagra chewable viagra drugs test what types of motilium are there skelaxin generic for how to use ginseng royal jelly buy lasix pills in the mexico buy ephedraxin boots buy generic acticin permethrin cream my alli side effects risperdal to purchase without a prescription lamisil in croatia buy keppra online uk no prescription ordering sertralina india can order toradol online discount dutas otc celebrex dose for children prescription cheap stromectol view topic zofran odt coupons buy zanaflex 20 esperal without rx how to take rhinocort mg flovent inhaler canada pharmacy universal rx pharmacy maxalt online from usa liposafe over the counter buying eurax for dogs salbumol drugstore.com which is better cialis or viagra or levitra prevacid online mexico is it safe to order indinavir buy trental permethrinum australia pharmacy side effects of levlen contraceptive pill pharmacy buy drugs levothyroid microzide to buy in the canada without a prescription order singulair online no presctiption best place buy etodolac inderal pct buy trazodone on line generic for cialis in canada purchase clomiphene online buy fluticanose have no prescription aciclovir genfar 100 mg 5 ml arjuna online in canada can you buy finast good reviews on alesse metronidazole uses medication costco pharmacy hydrochlorothiazide price buy minocin capsules tadapox trusted online drug stores in canada pletal to buy in australia priligy from india alfa flucon australia price buy remeron pills in the uk kamagra soft mg price revia buy without cleocin online orders over the counter drugs similar to paxil oratane to buy in the usa without a prescription do you need rx quetiapinum purchase shuddha guggulu in uk cheap minocin misoprostol buy now best price for xeloda buy brand diflucan orlistat capsules 120 mg price proscar drug in canada pharmacy how to get mestinon in australia generic feldene buy canada flexisyn from usa pharmacy can you gain weight from keflex best price for real pilex buy digoxin tablets us can ciprofloxacin affect birth control pills over counter clavamox s club juniors chipmunk azurette cheap us pharmacy methotrexate from mexico avapro cheap india pharmacy cheap genuine lamisilate online can youtube buy cheap generic proventil khawaja naveed ki adalat buy apo furosemida online uk no prescription allopurinol ratiopharm 300mg tabletten over the counter inhaler for cough ephedraxin tablets side effects propecia with prescription generic baclofen in where to buy doxycycline online uk what are the side effects of taking water pills atomoxetin canada sale zenegra online from usa wigraine side effects long term use misoprost for sale australia cilias deliery to po.box without prescription can you buy prescription order betapace content aware fill cs6 tutorial albendazole online forum getting norvasc in australia viagra women indian market indian pharmacy brand cialis buy hydrea without rx fast zenegra deleviery can you get citalopram over the counter mexico pharmacies online that sell salbumol billig amaryl online kaufen para que se usa el neurontin se puede comprar xenical sin receta medica order brand cialis canada serophene over the counter australia side effects of sarafem 20 mg generic india amantadine hcl yasmin birth control discount card tadacip no prescription canada casodex drugstore.com can order combivent online prednisolona generic mexico generic haldol no prescription isotretin maximum dosage synthroid no prescription pharmacy augmentin max dose brand name phenamax online is it illegal to order generic serpina buy lipitor from india discount flagyl er from usa purchase tamoxifen mg buy serevent inhaler nolvadex side effects pct minocin acne scars 1 hydrocortisone cream boots clomifene order canada combivent over the counter drugs generic aricept canada stromectol usa cvs prices cefadroxil refill pack doxycycl hyc acne review frusemide medication side effects order bentyl online no prescription with a echeck trial erection packs 2 drug canadian pharmacy is prometrium better than provera buy l thyroxine canada alcohol allopurinol interactions what is pravastatin sodium 40 mg prevacid pharmacy prices list order voltaren from india without prescription buy generic estrace with bonus levitra 10mg rezeptfrei prescription diet pills for sale online buy baclofen online without prescription how to buy venlafaxina online phenamax canadian pharmacy top drugstore foundations 2013 order cialis soft online no prescription with a echeck prometrium side effects pregnant what does claritin do to dogs can you get depakote l thyroxine reviews for men kamagra price bangkok dilantin over the counter india imitrex to purchase without a prescription floxin dose buy rythmol sr online thru paypals generic abana what is nootropil syrup prescription drug sales tax lantus pills online in the australia florida tadacip estradiol valerate on line in the uk prandin uses medication ampicillin without subscription eltroxin without rx cialis side effects tadalafil amantadine 2000 mg capsules where do i wellbutrin in canada buy midamor 5 lipitor vs generic price order zetia online no prescription with a echeck kelnor overnight pharmacy minomycin uk no prescription are there natural alternatives to viagra where to buy tetracycline with mastercard geriforte medication overnight delivery tenormin buy uk buy dutas uk ajanta pharma kamagra tablets snovitra super power india keftab looking for diarex in usa cheapest tinidazole colchicine no prescription compare prices propecia coupons walgreens cialis prezzi ordering cilest uk long term side effects of alfa flucon cost of levothroid without insurance wellbutrin discount program where to buy proscar mg cefixime drugstore com pricing lady era usa order live ants bystolic overnight delivery mexitil online no prescription actonel combi generic name best place to buy disulfiramo in canada buy allegra d 24 hour from canada can diclofenac potassium get you high metformin wholesale purchasing blopress online disulfiramo online in uk drug store health tablet ordering calander view topic rosuvastatin from canada buy zofran online usa purchase lady era on line in canada cleocin without a prescription from us antivert for sale philippines arimidex price canada purchase cleocin gel on line in australia is generic erection packs 3 available in usa promethazine hydrochloride 25 mg effects mail order minomycin lotrisone roche precio argentina best place buy noroxin pct purchase olistat online brand name erexor online purchase hoodia in australia esperal no script where to buy diuretic lasix motilium in early pregnancy norapred prednisona 50 mg zyprexa medicine online billig strattera online kaufen emoquette order canada how to by proscar online buy buspar from mexico online how long does it take for celexa to work for depression proventil canadian online stromectol for scabies dosage metronidazole shelf life order zyban medication by mail acheter pas cher cialis professional where to purchase apcalis sx diamox online pay paypal usa prevented from ordering viagra from other countries online pharmacy arjuna order frumil without prescription buy floxin australia wellbutrin sr refill pack blopress prix en pharmacie en france legal pain pills online prozac buy canada indian pharmacy mevacor what is revia for uses of tadalafil tablets buy speman greece buy sepibest mexican pharmacies buy doksazosin lek online from australia buy blopress in singapore cialis viagra levitra which is better generic doksazosin lek from canada with no prescription allopurinol discount buy advair diskus in usa toprol discount no prescription buspar for anxiety reviews generic reviews forum discount viagra free samples buy moduretic tablets canada nitroglycerin patch for achilles tendonitis safe place order ceftin can i get pregnant taking provera what is insulin used for dutasteride avodart buy ultra low dose propranolol online pharmacy geriforte order retin a gel 0,1 online no presctiption comprar etabus original where to buy keftab drugs online natural sex drugs for women purchase ciprofloxacina in usa do i need a prescription for ciprofloxacina uroxatral rxlist orlistato online without rx adalat on line for sale no script buy generic tetracycline online pharmacies accuran drug schedule what is zantac medication used for buying retin a 0 05 extendaquin online buy benadryl d coversyl results forum cheap precose delivered overnight kamagra sale europe online side effects of dilantin in children is zithromax available on line in canada ortho tri cyclen on line in the uk ayurslim overnight pharmacy side effects of sominex tablets where to buy penicillin g benzathine online pharmacy alti doxycycline avapro in the uk now sertralina drug in fr pharmacy protonix sales 2009 what else is valtrex used for where could i buy diclofenac gel without prescription minipress next day delivery why has vytorin been discontinued uk buy aricept without prescription novo digoxin mg mexico canada buy calan without prescription cost of elocom cymbalta buy online ireland ordering aviane 28 mexico best place to buy toradol without a prescription zofran order online florida sertralina zofran price canada qsymia fda approval letter imitrex mg canada mail order prozac online cialis commercial actors names bisoprololi fumaras mg tablet comprar roxithromycin original en madrid generic for actoplus met 15 800 zanaflex discount no prescription lotrisone cream reviews nitrofurantoin online ordering metformin lactic acidosis alcohol liquorice cream cost of orlistato orlistat 120mg capsules side effects nexium next day delivery obelit buy online uk safe sildenafila no precription buy voltaren gel novartis cialis professional online canadian pharmacy is generic zithromax available in usa best place to buy wigraine in mexico buy benzac in usa cymbalta 40 mg pharmacy mircette without rx purchase plendil on line in india generic cialis jelly india revia online usa no prescription buy isoniazid 300 mg noroxin online from uk best over the counter pills to get high liquid clomid pct dosage is there a drug comparative to kytril order bystolic from usa without prescription tinidazole generic canada c ratioph daily use reviews can you buy online adalat cod zovirax without prescription pills harga obat blopress can you buy lisinopril over counter singulair spc emc purchasing diprosone online uk buying lamictal best place to buy stromectol what is the medicine for abortion prinivil canada prescription roxithromycin for sale philippines endep 50mg tablets snovitra super power online canadian how to get a prescription for antibiotics online how to become a certified pharmacy technician online can you buy coreg medication pharmacy can u buy prednisone over the counter proscar prescription help orlistat from usa buy viagra 150 mg danazol on line for sale no script buy cialis online no prescription uk benfotiamine tablets price female cialis no prescription canada buy fluss 40 boots where can you get promethazine with codeine over the counter over counter voltaren cabaser drug in canada pharmacy is primatene mist available in mexico buy lasix mexico cialis professional uk buy purchase vpxl in india how often to take allegra viagra internet canada metoclopramide generic wikipedia drugs oracea noprescrition needed canada online pharmacy where to buy plendil mg order amlodipin from uk without prescription comprar zyloprim portugal coreg discount coupons order erection packs 2 online uk dostinex with no rx cheap hotels in calangute beach goa benicar dose conversion prometrium canada drug store oracea mg no prescription lantus online australia tenormin mitis indication orlistat generic philippines when does pfizers viagra patent expire cuanto cuestan las pastillas para abortar en argentina buy generic hyaluronic acid online warafin drug in fr pharmacy over counter metronidazol allegra prices usa drugs online without prescription naprosyn canadian medications without prescription trial erection packs 2 sold over counter buy tricor have no prescription innopran xl sent to spain evista to purchase without a prescription buy alphagan cheap pharmacy research grade mometasona nifedipine pregnancy side effects doksazosin lek shortage where can i buy hoodia gordonii in australia lioresal discontinued does propecia have long term side effects where can i buy acai juice over the counter social anxiety medication celadrin india companies only mail order generic oratane buy inderal online thru paypals buy female viagra online in the united states without a prescription late ovulation on clomid pcos prescription clomid without purchase omnicef on line in the uk toprol pills online in the usa how to purchase feldene buy metformin online thru paypals erexor medicine online lasix discount coupon depakine chrono online india differin reviews pantip buy crestor online india buy bactroban online usa over the counter drugs similar to hydrodiuril mail order antibiotics dogs can order tizanidina canada amoxiline tablets 100 pure acai berry review mirapex without a perscription buy dilantin in usa buy cheap amoxil online amoxil pharmacy erythromicyn canada drugs purchase abana one tablets purchase actos 30 mg purchase renagel on line in the uk hydrochlorothiazide and amiloride tablets celebrex 200mg price order l thyroxine on line usa over the counter drugs similar to toprol xl diflucan pills online in the mexico abilify dosage recommended deltasone online forum sex pills for women in india what bacteria does ampicillin cover online generic unisom vantin spain cheap yagara sale uk clomifene online uk the online drugstore ampicillin purchasing zanaflex online 100 mg minocycline purchase zovirax cream toprol legal in england zanaflex delivery london buy pyridium discount how to take asacol hd can you buy raciper swiss herbal water pills is there a drug comparative to ditropan ordering allopurinol india buy flomax with paypal compare prices urispas aygestin cheap uk pharmacy lisinopril tablets on line to buy ditropan 100mg cheep buy acai in ireland order requip online no prescription with a echeck clavamox online no prescription baclofen 10 mg pills kikisu supplement cheap generic azulfidine buy advair diskus online fluticasone salmeterol flucazole to buy from europe safe to buy generic albenda from canada prescription drugs no rx retin a 0 05 generic claravis perth australia minocycline hydrochloride for acne does lamictal affect birth control pills canadian pharmacy online zofran albenza cost bisoprololi fumaras shopping wellbutrin sr drugstore com pricing generic albenza us to buy erection packs 1 in uk how to get cleocin gel on line comprar rumalaya online natural viagra replacements canadian pharmacy simvastatina cheap generic retino a cream 0 05 pharmacy has best price alli donde comprar pilexil en colombia buy over the counter prevacid online demadex buy online australia sildenafil citrate uk sale prinivil in croatia viagra phone orders posologie aricept 10 mg erection packs 3 for men in usa suprax 100 30 ml suspension how long does it take for wellbutrin sr to start working plavix generic form the cost of propecia in hong kong pravachol without insurance abilify commercial location brand ceftin buy retin a 0,05 mg canadian rx precose generic wikipedia drugs discount flonase of canada purchase topamax in uk what is erexor where can i buy lidocaine ointment buy genuine cardura uk buy tadacip online india aleve no prrescription cheapest place buy lexapro duprost buy canada robaxin 750 mg vs. soma anti nausea medication meclizine online erexin v overnight delivery fucidin price philippines uk buy atacand without prescription rumalaya shop net uk version of carafate where can i get skelaxin pills suppliers of percocet in us mirapex uses what drug category is effexor xr tenormin cost in canada over the counter medicine that acts as tizanidinum tadapox by mail how to buy adalat rosuvastatin delivery uk order famvir online uk can we trust fasigyn online lexapro reviews anxiety depression prozac online australia review best canadian pharmacies best carbozyne prices nizagara overseas buy relafen online overnight delivery usa buy pyridium without prescription wellbutrin uk companies only mevacor over the counter usa where to buy cheap generic rhinocort herbal viagra manufacturers in india buy fucidin online safely zanaflex no prescription fedex ups where can i get riperdal delivery aceon no prescription low price levitra uk buy dramamine no prescription fast delivery ordering lipitor endep over the counter uk differin drug class fluoxetine online uk fda pharmacy intern oristal to buy in the canada without a prescription diprolene pct buy pharmacy has best price salbumol purchase key pred mg florinef rxlist arimidex sales 2010 how much does an ounce of promethazine codeine cost flomax relief reviews online pharmacy uk female viagra nolvadex mg mexico buy benzac australia isordil shortage silagra delivery london fucidin otc europe medication online feldene generic adalat mylan prices azithromycin uses for dogs biaxin buy india mail order generic glucophage finpecia tablets price flagyl reviews flagyl on line in the india sertralina without insurance femara online canada chlamydia trachomatis trachoma phenamax online pharmacy shipped to canada commander nymphomax et payer avec paypal avapro online overnight shipping what is ampicillin used to treat yasmin australia cost singulair granules instructions buy chloramphenicol for dogs z pack alcohol consumption pill identifier m357 does cytoxan cause weight gain what is phentermine 37.5 used for where can i buy naprosyn mg canadian pharmacy nordette do i need a prescription for motilium purchase evista in mexico cortes indian allies female viagra from canada with no prescription danazol pills online in the india can you buy estrofem over the counter zyvox cheap australia pharmacy how to purchase tamoxifen canadian online pharmacy directory morning after pill free uk health canada rogaine 5 prednisone 10mg dose pack how to take cheap dipyridamole no prescription hydrochlorothiazide medication interactions buy omnicef cheap what are the side effects of the drug cipro best price albenza adalat tablets used compare prices citalopram strattera reviews hydroxyzine tablets vs capsules generic motrin in usa pravachol drug in mexico pharmacy diclofenac gel mg india order jellyfish from viagra online zovirax pills drugstore furosemide discontinued trial erection packs 1 uses medication where could i buy naprosyn without prescription can you buy ondansetrona himplasia cheap price buy prinivil online from mexico cheap pamelor sale uk doxycycline alcohol nhs direct imovane medicine zantac cost in canada kamagra soft from usa pharmacy propecia no prescription fedex ups zocor tablets vicodin pills for sale online cheapest retino a cream 0 05 to buy where can i buy alavert mg elocon medicine online aloprim birth control online india isoniazid over the counter india lanoxin order canada pharmacy mexico lopressor tizanidina canada sale proventil mail order where can i buy bactroban ointment where to buy orlistatum online canada how long anafranil take to work how to take tegretol retard what is zyprexa 5 mg used for tenormin online purchase leukeran birth control online australia neurontin uk companies only where can i purchase midamor januvia tablets 100mg buy canada no prescription for carafate buy caffeine ergotamine online in the united states without a prescription order prevacid overnight viagra alternatives in india what is zantac 75 used for valtrex lowest price cheapest nolvadex tablets uk is there weight gain with effexor xr cialis non generic online trustworthy online pharmacy no prescription olanzapine visa purchase cialis soft online buy ventolin low cheap price acnetane generic usa order doxycycline 200 mg generic brand toradol menosan uk next day delivery cialis viagra levitra sale cost of chloroquine aldactone sale prescription required order accutane online from canada bupron tablets fluoxetine 30 mg tablets 30 gm fucidin cream 2 where purchase janumet zyrtec rx ordering tamsulozin mexico buy vagifem online us no prescription levitra professional refill pack buspar medication side effects pletal canada head office malegra dxt cheap us pharmacy arimidex overnight caverta shelf life geriforte syrup online usa no prescription buy nolvadex colospa with paypal payment viagra buy cheap levitra next day lov cost colospa etodolac on line zoloft alcohol craving what is periostat 20 mg pravachol overnight delivery generic cefixime in usa order amantadine on line mexico buy dilantin online reviews evecare discount medications best place to order benicar in us diclofenac sodium side effects breastfeeding metocarbamol birth control online mexico long time side effects orlistatum revia generic release date can order duetact canada fincar generic reviews can humans take cephalexin for dogs comprar viagra miami generic clomid side effects flunil to buy in the canada without a prescription canadian pharmacy exam skelaxin overnight delivery chloramphenicol online kaufen pastillas cytotec precio venezuela buy metronidazol online no prescription uk where to buy diovan ointment ranbaxy viagra products on line cytotec tablets on line to buy lloyds pharmacy tens machine digital pain reliever buy genuine baclofen uk moduretic drug in fr pharmacy where to buy alli in the uk weight loss buy baridium tablets us best online pharmacy generic buspar can you take priligy daily probalan express canada side effects of amitriptyline 25mg how to by famvir online brand cialis generic uk doxycycline suppliers overseas amoxycillin mg tablet where to buy serophene with visa colchicine medication dogs keppra usa how long does glucotrol xl buy hytrin tablets us buy speman online without a prescription which is better for pct nolvadex or clomid alli order by phone buy allegra online with out prescription posologia de aciclovir 400 mg buy disulfiramo online no prescription canada where can i get rogaine 5 pills buy online januvia generic drugstore no prescription needed buy minocin fast shipping stromectol medication where to buy what does allegra d doo generic stromectol in usa what is colchicina tablets where can i buy glyset buying famvir canadien health mall.com prometrium without a prescription from mexico buy trial erection packs 3 online mexico no prescription amlodipinbesilat medication riperdal without a prescription from india etodolac pills online in the usa ginette 35 online usa no prescription atarax next day shipping online diamox with no prescription buy ortho cyclen capsules brand name serophene online where to buy birth control pills without prescriptions buy doxycycline online overnight tenormin cost per month hoodia echeck where to buy anteovin online canada ordering alli online from canada diet medication alli canada pharmacies online that sell tamoxifen generic danazol uk bactrim delivery uk buy lipothin pills in the australia generic lipitor recall in canada chloromycetin where to get what class of drugs is zocor motrin without a prescription from canada online lipitor with no prescription buy prilosec low cheap price buy actos online mexico no prescription organic pharmacy carrot butter cleanser l thyroxine australia companies only diclofenac doctors online adalat through compromise conciliation ciprofloxacina 500 mg efectos secundarios buy ceftin online pharmacy does trazodone have a generic celexa by mail order promethazine mg uk purchase deltasone in usa buy acticin drugs prescription pfizer lipitor wiki apcalis sx looking for legal buy elocom online canada what form does lanoxin come in where can i get some citalopram how to get cialis sublingual buy zocor low cheap price qsymia uk antivert over the counter brand name where do i mircette in uk aldactone without prescriptions get femara legal kroger pharmacy lisinopril rogaine 2 overnight pharmacy viagra for dogs is there a shortage of elavil ordering aciphex uk generic raciper buy canada orlistat generico senza ricetta altace from europe purchase procardia on line in australia best place to order lopid in us generic cialis uk sales cialis preisvergleich rezeptfrei ephedraxin dose where to buy clomid online in uk order aciphex on line canada genuine retino a cream 0 025 best price coumadin without subscription can you order zyrtec safe place midamor order by phone what is amantadine made of cheap celebrex celecoxib 200 mg how to get xalatan in australia coversyl noprescrition needed usa online pharmacy zyban for men in usa mexican pharmacy no prescription aciclovir buy stromectol tablets usa buy viagra jelly without a subscription thyroxine from canada without rx cheap pills generic aciphex cod what kind of medicine is protonix parlodel perth australia cost of diflucan 150 mg allegra effexor xr prescription only amlodipinbesilat buy online uk carafate lawsuit purchase cefadroxil on line in the uk mercury drugstore philippines jobs can you crush carafate tablets wholesale viagra china hydrocortisone cream side effects children tizanidinum with no subscription low dose aspirin for heart attack prevention uk pharmacies online that sell risperdal how to buy bupropionum in london how to import mentat ds syrup to buy isotretin walmart relion ventolin hfa inhaler tricor shopping doxazosin online pay paypal can prazosin cause weight gain diclofenaco normon 50 mg prospecto why has prazosin been discontinued metoclopramide to purchase without a prescription reglan online coupon code generic etabus for sale on line canada pharmacies online that sell zanaflex lipothin drugs for sale order prozac online toradol medication wiki finpecia online from canada generic actos online usa buy zyrtec without prescription pharmacy support team canada american actoplus met cheap trazodone buy online order non generic methotrexate silagra now co uk revatio 50mg tablets overseas pharmacy no prescription cymbalta order cleocin uk pharmacy canadian diamox pepto bismol aspirin allergy obagi tretinoin cream 0.1 uk price increase mircette buy antivert lowest price rocaltrol without script triderm cream wikipedia claravis italiano lloyds pharmacy online shopping chemist cheapest terramycin cleocin gel discounts codes ventolin pills online in the usa levitra no prescription available viagra phone in order for ranitidine albendazole tablets for children does actonel come in generic form mail order dapoxetine online allopurinol without a prescription from india order salbumol online uk cheap online order alesse can i get proscar how to take retin a 0 05 mg can we trust disulfiramum online aspirin sublingual dosage clomid twins ovulation cycles risperdal film tablet 1 mg 20 tb trileptal prix en pharmacie en france mail order himcolin online what does seroquel do to serotonin chloromycetin overnight pharmacy cheap curacne mg low dose aspirin sale canada drugs dramamine with prescription where to buy eltroxin with echeck over the counter aspirin dose metoclopramide mexico pharmacy ulcers buy female cialis using pay pal birth control pills chloroquine pletal over the couter buy nexium online amazon to buy lotrel in uk zyprexa for daily use canada antiflu des capsulas para que sirve med cab propecia dulcolax cost in canada side effects of maxalt wafers can you order diakof online orlistato trusted online drug stores in canada tretinoin cream reviews acne 0.05 discount pharmacy brisbane cbd zydis noprescrition needed uk online pharmacy order seroquel online with mastercard buy cialis jelly hong kong exelon doctors online us online pharmacy no prescription aceon best place to buy warafin without a prescription i pill tetracycline website walmart pharmacy refill prices amitriptyline india companies only zyban for sale usa valtrex on line in the uk cymbalta online from uk buy azithromycin online uk over the counter starlix atrovent inhaler india cheap clonidine pills buy brand chloromycetin canadian pharmacy online klipal codeine advair diskus online forum fluticasone salmeterol buy brand where do i retino a cream 0,025 in uk get zitromax toronto chloromycetin next day how to by dutas online plavix walmart pharmacy cheap brand name atorlip 5 phenergan drug in fr pharmacy buy arjuna online from mexico zoloft cost walmart best online pharmacy generic famvir benadryl canadian online overnight pharmacy claravis cheap us pharmacy furosemide online in canada aygestin without prescrip best price brafix kamagra oral jelly without prescription pills metformin shipping overseas cheap genuine zestoretic online cafergot fast uk order alesse without rx cheapest plaquenil to buy levofloxacin dose pediatric proscar hair regrowth emsam uk pharmacy rythmol sr india pharmacy trazodone reviews for fibromyalgia cialis price best place to buy doxazosin recommended dosage for tamoxifen citrate where zyloprim ventolin buy without buy caverta with no rx buy lisinopril boots best microzide prices ortho tri cyclen prescription coupon no prescription zestril endep mail order zentel pt copii pret buy luvox 40 duphalac women buy cheapest furosemide to buy what is levlen drugs what is torsemide used for erection packs 3 tablets side effects ordering medicine from canada legal what is metformin taken for rogaine 2 pills buy buy lisinoprilhydrochlorothiazide nizoral online from india what dosage of doxycycline is used to treat chlamydia pulmicort drug canadian pharmacy selegiline uk azithromycin dosage for gonorrhea order brand viagra without rx no2 black viagra how to get nolvadex in australia aciphex generic cost order stieva a on line mexico resources for eldepryl best place to buy flomax in canada cleocin phosphate injection rx 7 illegal betnovate to buy retin a gel 0,1 uses medication buy wellbutrin pills no script zofran mg pulmicort in italia zyprexa ordering online pharmacy ephedraxin over the counter usa treating fish tank with tetracycline abilify 2.5 mg safe and secure gyne lotrimin pharmacy usa phenergan dosage for 2 year old tinidazole india paroxetine side effects with alcohol cheap arimidex pills is there a shortage of avapro cephalex in line without prescription stem cells wholesale viagra 100 mg cut in half generic clopidogrelum for sale on line cheap clomid free shipping buying viagra in northern ireland aciphex with out a prescription ordering low dose yagara how long does cymbalta work escrow refills code torsemide sold over counter best get hard pills billig prednisona online kaufen renagel online store zaditor sold over counter actoplus met from canada colchicine online legally acai daily cleanse liquid reviews buy female cialis boots research chemicals usa legit 2012 ventolin coupons canadian sertralina citalopram results forum deltasone tablets us online get buspar legal buy finpecia online with no prescription retino a cream 0 05 to buy from europe generic evecare where to mevacor strattera on line for sale no script cozaar sold over counter fast rythmol sr deleviery glucofage buy online mexico toradol tablets on line to buy minomycin next day delivery gabapentin weight gain side effects cheap dog medication online where to buy zanaflex without a prescription amantadine shelf life can you get over the counter drugs for chlamydia order cardura from australia without prescription generic version of tetracycline pilex to purchase without a prescription acheter zovirax creme catapres without a prescription drinking on antibiotics what is sarafem made of cefixime australia pharmacy estradiol valerate generic name how much will lanoxin cost purchase yaz in us diprosone mg no prescription buying wigraine from canada no prescription accutane purchase online no prescription order dilantin on line uk generic suhagra paypal i want to pay some retin a 0,025 buy atacand online at canada pharmacy dapoxetine by mail order florinef from europe how much will anacin cost no prescription serevent can you buy azurette diamox mg order buy generic synthroid online no prescription depakote pharmacy mail order bupropion sales buy cialis sublingual online no prescription us pulmicort inhaler india z pack antibiotic for children dramamine where to get buy zedd online uk no prescription what is remeron used for buying propecia online safe no prescription glucotrol xl online canadian pharmacy diflucan what does penegra curacne cheap mexico pharmacy avodart spain comprar mentat ds syrup original air max men comprar zentel original en madrid etodolac visa can i buy dyazide in canada buy generic viagra super active online cipralex drug in uk pharmacy generic artane for sale on line prazosin 50mg tablets mircette pharmacy mail order cialis professional overseas duphalac canada no prescription generic apo furosemida buy canada is there a generic brand for diovan what is vardenafil hcl 10mg tab buy starlix capsules best online pharmacy generic yagara purchase rythmol sr mg cialis kopen online celebrex online bestellen buy zyloprim online india long time side effects shuddha guggulu nitroglycerin from canadian pharmacy buy vytorin usa toprol xl picture order dipyridamole online no prescription with a echeck safe cleocin no prescription what does lozol do moduretic on line no script losec dosage babies can you buy probalan a good web page to buy noroxin with no script something more powerful than viagra how to buy aristocort online zyloprim pct buy lamisil once reviews buy ampicillin online australia no prescription furosemide 40 mg used for florinef noprescrition needed usa online pharmacy zestril generic uk a good web page to buy wigraine with no script zantac pills buy pyridium plus tablets side effects of aricept 23 mg buy orlistat discount tretinoin 0 05 discount voucher strattera cost minocycline dosage for uti acquisto viagra in italia walmart pharmacy neurontin generic name for prednisolone buying nolvadex and clomid famvir annual sales seroflo rx buy accutane low cheap price is there a difference between lexapro and generic lexapro what does atarax contain antihistamine levitra in spanien kaufen olanzapine precio mexico thyroxine canadian online overnight pharmacy buy duphalac in singapore yaz from canada with no prescription prozac and alcohol dangers baclofen cims india myambutol mg tablet original ralista online where do i azitromicina in canada cyproheptadine tablets synthroid dose generic avapro usa pharmacy propecia order with no perscription effexor xr side effects yawning buy imitrex without prescription carafate canada drugs what happened to allie brosh 2012 can you buy online generic singulair triamterene online price how to order promethazine best erexin v prices cefixime to buy in the usa without a prescription proventil over counter duprost over counter buy fluoxetine online canada safe bactrim no precription buy prevacid without a script alli orlistat diet pills best site get meclizine cymbalta uk sale cheap anafranil sale uk msds sildenafil citrate tablets canadian drug pharmacy free shipping can cymbalta cause weight gain where to get cafergot pct is viagra safe ezetimibe 10 mg simvastatin 20 mg express shipping betnovate how much does generic wellbutrin cost order generic bupropion nordette from usa can you buy carvedilolo in ireland percocet drug can viagra cause dependency what does flonase sneezing corticosteroid generic silagra uk buy paxil online thru paypals generic flucazole switzerland synthroid tablet sale esperal drug canadian pharmacy celapram online pharmacy shipped to canada seroflo india no prescription buy ondansetrona tablets australia best site get coumadin tadalis tablets buy order medrol medication by mail cialis 20mg uk zyloprim without prescrip what is tinidazolum for purchase levitra plus on line in the uk femcare online usa where can i buy estradiol valerate mg lantus solostar needles free diclofenac ratiopharm gel 100 g how to order levoxyl online purchase metformin 1000 mg canada drugs voveran with prescription cymbalta mail order sepibest delivery uk fast aspirin deleviery hydrochlorothiazide online pharmacy shipped to canada long term side effects of terramycin augmentin 1 gm side effects dulcolax liquid review tretinoin 0,05 pills online in the uk suhagra 50 sildenafil citrate zocor australia companies only order fosamax online dramamine ships from india alli diet pills reviews 2013 purchase adalat mg fasigyn shoppers drug mart normal warfarin dosage trileptal overnight delivery buy retin a 0,05 online canada prednisolone 100mg cheep erythromycin buy online australia better than bupron sr can i buy tegretol in canada depakote without prescrip is doxi 1 available on line in canada purchase abilify 10 pharmacy dostinex legal in england can you buy tretinoin 0,025 how often should a man ejaculate to stay healthy vitamin shoppe coupon 2011 in store list of brand vs generic drug names purchase toradol in us procardia medication on line how to by capoten online confido legal in england how to use cholestoplex buy amitriptyline have no prescription buy erection packs 1 tablets usa viagra plus drug class online generic sominex chances of chlamydia medication not working buy yaz mg online for buy duprost without rx elavil buy usa buy serevent australia why has vistaril been discontinued metronidazole from canada with no prescription best site for diflucan what is hydrochlorothiazide made of generic uk paypal detrol grifulvin v order quibron t drugstore.com purchase trandate on line in canada med cab thyroxin over the counter medicine lipitor was viagra the result of serendipity where to buy lasilix online mexico pharmacy 365 kamagra buy saw palmetto oil renagel ships from india aspirin cost hospital do you need rx clomifene where to get a prescription for zoloft best depakote prices best place to buy extendaquin in canada order doxi 1 online canada using ovulation predictor kits clomid buyers of betnovate canada plendil medication on line diflucan in costa rica flovent cost in canada buy disulfiramo in ireland fasigyne delivered to your home nootropil canada head office cheap evista uk sildenafila without subscription can you order claritin drugs including hoodia next day delivery revia india companies only is atrovent legal in uk can you buy styplon generic amlodipinbesilat no prescription can i buy cleocin gel in canada order menosan tablets side effects of atacand plus vpxl 40 mg dose how long asacol take to work is reclast better than fosamax buy ginette 35 boots synthroid vs armour rapid weight gain purchase diclofenac gel mg medrol without insurance buy canada no prescription for hoodia propecia drugs test lasix fast mexico buy furosemide pills in the australia tadacip from mexico canadian online pharmacies legitimate no prescription meds cheap order reminyl india pharmacy paypal mexitil to buy in the canada without a prescription medicare limits coverage for viagra newspaper mexican pharmacy no prescription lopressor when will there be a generic for levitra how long to take minocycline for rosacea doxycycline 100mg for sale use meloxicam enolat coupon online zetia 100mg cheap generico de tadalafila zocor drugstore.com robaxin without prescription canada can you order aldactone celexa weight gain 2012 generic effexor price where can i get bupropion celebrex 200 mg tabletki clavamox 500 posologia vasotec over the counter uk buy prozac online safely health canada promethazine buy diflucan pills in the uk canadian online pharmacy complaints does minocin mr work actoplus met mg usa elavil for sale philippines buy aviane 28 online overnight delivery cheap rumalaya forte buy online best place to order wellbutrin sr in us where can i order tetracycline online apo clopidogrel tablets price diovan hct lawsuit buy brand hytrin alli orlistat boots viagra in india for men mirapex drug canadian pharmacy citalopram 20mg tablets used acai online with out prescription lipothin overnight watermelon juice natural viagra glucophage generic for where could i buy cytotec without prescription purchase alti doxycycline in canada anacin shipping overseas best price for real lasix buy zyrtec with no rx canada buy serpina without prescription zestoretic for men sale in uk colchicina from uk prinivil pharmacy order yasmin no rx canadian pharmacy cialis professional sale online pill how does the drug xenical orlistat facilitate weight loss in humans btv onlain na jivo hoodia discount voucher meloxicam and ibuprofen drug interaction buy astelin mg online lotrel drug in mexico pharmacy glucophage where can i buy it buy elimite online with no prescription metocarbamol online generic artane india order key pred tablets celapram online in us indian buy accutane prescription what does minocycline do to the body buy premarin without a subscription caprysin drug in usa pharmacy vermox for sale philippines manchester united away tickets craigslist security kamagra tretinoin 0,05 pills sweat buy valtrex online cheap where to buy almetec skelaxin 800 mg street price where to buy avodart in canada safely buy viagra visa gift card como tomar omifin pastillas cefixime legal in england can you only get microzide on prescription retino a cream 0,025 no prescription overnight delivery thyrox in croatia doxycycline 100mg tablet price exelon cheap australia pharmacy aleve uk brand name levlen drugs online purchases what is the generic equivalent for lexapro purchase generic diakof where to buy inderal online canada without a script buy accutane online cod side effects of zocor and grapefruit what is vagifem pills used for can i make doksazosin lek aristocort tablets on line to buy apcalis sx buy online ireland order midamor from india without prescription order micronase online uk liposafe generic prednisone steroid muscle growth best generic bupropion sites where can i get some celexa best treatment for arthritis in dogs mircette canada buy amantadine online uk no prescription differin gel where to buy suhagra drugs online differin cheapest rate buy bactroban over counter combien coute le medicament alli en pharmacie cost comparison order roxithromycin view topic buy betapace overseas letrozole online australia discount zertalin of canada depakote paypal there generic brand propecia
Monday, December 22, 2014
   
Text Size

Search our Site or Google

The Bogus Bullion-ETF's

Articles & Blogs - Silver Commentary

User Rating: / 342
PoorBest 

The precious metals market has been rocked by the twin bombshells of Andrew Maguire's emergence as a “whistle-blower”, along with Jeffery Christian's stunning admission that the bullion-banks had leveraged their dwindling bullion by an insane 100:1. While there are numerous repercussions to these revelations, perhaps nowhere does this news have more of an impact than with the bankster-frauds known by the symbols “GLD” and SLV”.


Regular readers are familiar with my strident criticisms of these paper-bullion funds. There are numerous bases for challenging their legitimacy, but the place I usually start is to point out that the same bullion-banks who are the supposed “custodians” for all this “bullion” also have gigantic short-positions which (by remarkable coincidence) are very similar in size to the total (alleged) holdings of GLD and SLV.


While defenders of these fraud-funds point to “audits” which suppose “prove” that these funds are properly backed, as I have pointed out before, those audits are nothing but a bad joke. There are two problems. First, while the ETF “bullion” may be audited, the short positions of the bullion-banks are never audited. Thus, all that has ever been demonstrated by these audits is that the bullion banks may hold enough bullion to cover either the short positions or the “custodian” agreements.


As I have maintained, time and time again, it is naivete of the highest order to believe that if the banksters were given the choice of honouring their custodian agreements with the bullion-ETF's or “covering” their own short positions that the banksters would choose to prop-up the bullion-ETF's. If you don't believe me, ask the clients of Morgan Stanley: who sued that fraud-factory after discovering that when they instructed Morgan Stanley to purchase bullion for their accounts that it only pretended to do so.


However, even though Morgan Stanley only “bought” pretend-bullion for those accounts, this didn't stop it from charging its customers real “storage” fees. To believe that the same banksters who cheat their own clients without thinking twice would protect the anonymous third-parties holding GLD and SLV is merely wishful thinking.


Secondly, as regular readers know, every bar of SLV “silver” is counted as part of official, global inventories. In fact, roughly 2/3 of total silver inventories are the supposed bullion-holdings of SLV. What this means is that even if there was any, real silver in SLV that every ounce of that silver has a “for sale” sticker on it. This means that even if SLV conducted an “audit” every day, that such an audit would only be valid for a millisecond: the time it takes for someone to place a “buy” order for every ounce of bullion supposedly held by SLV.

Returning to the custodian agreements, when I alleged that the bullion-ETF's were nothing but empty frauds, because the banksters had never demonstrated that they had more than half the gold needed to cover their massive obligations, keep in mind what that implies. If the bullion-banks had merely leveraged their bullion by 2:1, that alone could make GLD and SLV totally worthless.


In fact, thanks to Jeffrey Christian of the CPM Group (the same people who count SLV's silver as part of official inventories), we now know that the banksters' bullion is leveraged 100:1 – fifty times the amount of leverage required to render GLD and SLV worthless. While GLD and SLV holders may have been willing to gamble on the generosity of bankers when their leverage was only suspected of being 2:1 (a bad bet, at the best of times), that world doesn't exist. In the world of 100:1 bullion-leverage, it isn't even rational to hope that there is any bullion backing these funds.


If the banksters had truly, fully-backed GLD and SLV, then (as a matter of arithmetic) that would mean that the remainder of their bullion positions would have to be leveraged that much more – to somewhere around 150:1. This proposition becomes all the more ludicrous when we review some of my other criticisms of these fraud-funds.


To begin with, there are the absurdly low storage-fees which the bullion-banks charge GLD and SLV to “store” its bullion. We know what the fair-market value of such storage is, through the management fees charged by the minority of legitimate bullion-ETF's: who actually hold and store bullion directly for their unit-holders. It's many times the near-zero fees charged to GLD and SLV.


Thus, apart from all the other reasons to doubt the legitimacy of these funds, those dreamers who still believe in their legitimacy must also believe that the banksters are subsidizing these unit-holders – purely out of the goodness of their hearts. I'll give readers a moment to recover from their laughter, because this scenario gets much more ludicrous.


It's not just that the banksters would be subsidizing GLD and SLV unit-holders. These bullion-banks, the holders of the most-concentrated “short” positions in the history of commodities trading would be subsidizing the entry of millions of “longs” into the precious metals market – directly jeopardizing their massive, short positions.


It would be foolish merely to believe that the bullion-banks would subsidize GLD and SLV unit-holders, under any circumstances. However, to suggest that these banksters would subsidize the entry of millions of longs, while the banksters are sitting with gigantic short positions (leveraged 100:1) is truly the definition of idiocy. In other words, far from these custodian agreements representing the first choice for the banksters to deploy their totally inadequate amounts of bullion, those custodian agreements would be the last place the bankers would choose to start honouring their leveraged commitments.


Apart from the bankers not caring about the millions of (mostly) small investors holding these fraud-funds, a glance at the prospectus for any of these banker-backed “bullion-ETF's” reveals that the fund-managers could hold all sorts of different paper instruments – and pretend that they represent “bullion”.


When Jeffrey Christian blurted-out some of the most intimate secrets of the bullion-banks, during his blunder-filled testimony, among those “secrets” he touched upon was the enormous amount of bullion which is “leased”: either leased by the central banks to the bullion-banks, or leased by the bullion-banks to other “customers”.


Who are those other customers? Christian identified some of them as “electronics manufacturers” and “jewelers” - consumers of gold. This is an integral component of the banksters' multi-decade bullion-fraud. Precious metals researchers who have attempted to sift-through the fraudulent “paper trails” of the banksters claim that much of (if not most of) the bullion which is claimed to be “held” by Western central banks are nothing but “IOU's” for the countless tons of gold they have “leased” to the bullion-banks.


While undoubtedly those bullion-banks have used-up much of that “leased” gold in covering their short positions over the years (and thus that bullion is gone-for-good), there is at least some possibility that a portion of that gold might be recovered by central banks. Obviously, this is not the case with gold (and silver) that has been “leased” to electronics manufacturers or jewelers. All their gold has been consumed in their own manufacturing, and then sold (in tiny amounts) to countless third-parties.


This is bullion which the bullion-banks know will be gone forever, the moment they execute these “lease” agreements – yet the “bullion” remains on their books as both an “asset” and as real metal. Obviously, these so-called “lease agreements” are thus fraudulent, on their very surface. They are “final sales” which have been fraudulently portrayed as “loans”.


The banksters' motivation for engaging in such frauds is obvious, while the willingness of end-users to participate in such frauds is not as immediately apparent. Presumably, the electronics manufacturers and jewelers are given a “choice” by the bullion-banks: they can buy gold and silver (at a higher price), or enter into “long-term lease agreements” for the metal – at a significant discount. Both parties know the transactions are shams, but the bullion-banks get to pretend to hold much more gold and silver than actually exists, while the end-users get to increase their profit margins.


Thus, while much of the banksters' 100:1 leverage is achieved through the inherently reckless leverage built into the derivatives market, another significant component of this bullion-fraud is the multitude of “lease agreement” Ponzi-schemes. One form of those Ponzi-schemes is that the central bank “leases” bullion to the bullion-bank, then the bullion-bank “leases” that bullion to a 3rd party, and then that holder “leases” the gold to a fourth party, and so on...The same ounce of gold or silver ends up being listed as an “asset” (and real “bullion”) on multiple balance sheets.


However, scamming in that manner, is cumbersome – as you need to continually add new “links to the chain” in order to expand “leverage” in an ever more-fraudulent manner. It's much easier for the central banks and the bullion-banks just to “lease” the same ounces of gold and silver over and over and over.


Since the bullion-banks have been allowed (for decades) to engage in institutionalized fraud in their bullion “accounting” (i.e. pretending that a “leased” bar of bullion is the same thing as actually holding a bar of bullion), there is nothing stopping them from “leasing” the same bar of bullion to a hundred different customers.


In my previous critiques of the GLD and SLV frauds, my only “smoking gun” was the fraud perpetrated in silver inventories (by counting privately-held ETF-silver as part of global inventories), along with a great deal of circumstantial evidence, along with a liberal amount of common sense. However, following Jeffrey Christian's and Andrew Maguire's revelations about the bullion market (and the bullion-banks), that evidence is now literally a hundred times stronger.


We know the banksters have cheated “bullion” holders around the world by selling the same ounce of bullion to them a hundred times. We know that the banksters have made bullion-fraud a way of life. And these same banksters are the people whom the holders of GLD and SLV must implicitly trust – or else their investment is nothing but another steaming, mound of banker-fraud.

 

 

As I have stressed in numerous, previous commentaries, as legitimate investment vehicles, the bullion-ETF's like GLD and SLV make no sense at all. We are supposed to believe that, on a whim, the massively-short, massively over-leveraged bullion-banks decided to funnel all of their dwindling supplies of bullion into “funds” where the storage fees are so low that they are essentially subsidizing the entry of millions of “long” investors into the sector – exponentially increasing both their leverage, and the “pressure” on their massively over-leveraged positions.


Conversely, as a premeditated, deliberate fraud (at least in the eyes of the bullion-banks), GLD and SLV make perfect sense. These fraud-funds vacuumed-up $10's of billions of investor dollars which would have otherwise totally depleted their hoards of bullion. Instead of surging demand destroying the bullion-banks, they merely ratcheted-up their leverage another ten or twenty times – and 'sold' additional, vast amounts of their worthless paper.


Indeed, this is nothing more than a variation of the oldest of all banker-scams: taking the wealth of 'the little people', and handing them nothing in return but worthless scraps of paper with the words “gold” or “silver” written on them. If there is any “surprise” or “mystery” here, it's not the banksters would roll-out this old scam, yet one more time. It's that there are still millions of rational adults who, despite the recent revelations, continue to entrust vast amounts of their precious wealth to these obvious shams.


I also cannot avoid mentioning the majority of commentators, both inside and outside this sector, who continue to present these funds to investors as legitimate investments – with no warnings or caveats – despite the obvious nature of these shams. I ask readers to make note of those “analysts” who continue to tout these shams, so that you don't allow yourself to be misinformed by such irresponsible sources in the future.


Not only is “the Emperor wearing no clothes”, but these bullion-bank “tailors” have clothed a hundred naked Emperor's in their “finery”. Fool me once, shame on you. Fool me a hundred times, shame on me!

 

Trackback(0)
Comments (10)Add Comment
Jeff Nielson
...
written by Jeff Nielson, June 14, 2010
Econbizer, there ARE legitimate "bullion-ETF's", but you have to do your home-work. Read the prospectus and find out what the ETF (really) holds, and even more importantly, find out about how it STORES its "bullion".

Any ETF which has a "custodian agreement" with a bullion-bank is toxic! A few legitimate funds store their own bullion, or in the case of Sprott's PHYS, they store it with the Royal Canadian Mint.

Personally, I would prefer to hold my own bullion, and only have to worry about personal storage issues, rather than relying upon a fund.
econbizer
...
written by econbizer, June 14, 2010
Hi Jeff, thank you for providing this valuable piece of information to the small investors out there like myself. If what you say about the GDX and SLV, which are supposed to be the best 'bullion backed' instruments in the market, what other gold/ silver/ precious metal instruments are really 'pure bullion backed' out there?

paxjds
...
written by paxjds, April 16, 2010
Today the SEC is going after Goldman as an example. There are hundreds who should be jailed till eternity ends, including the banksters of GLD/SLV. But
just like the crash around 2002, only a few went to jail. The government makes it look like it cleans up the mess, but then back to the Same old corruption from Banksters, wall street thugs, Congress, Sleeping Gobernment agencies, and a News Media that just attends cocktail parties and competing with Narcissist to see who looks prettiest in the Mirror. As I recall in 2002, we had companies cooking there books, being helped by accounting firms(perhaps the same one who last year came up with "Mark to Whatever Keeps you out of Bankrupcy"), brockerage firms being their Marketing Arms in driving prices up, insider selling to reap the profits, etc, THEN CRASH. Government prosecuted and fined a few, then all well and lets get back to scaming the world for $$$$$$$. So Jeff, in between your 70 year cycle, we have the new scam every 10 years that almost takes the nations economy down. The more I write this response, the more WE NEED TO GER RID OF THE FEDERAL RESERVE.
Jeff Nielson
...
written by Jeff Nielson, April 16, 2010
Paxjds, what I find both persuasive and alarming is the high correlation between EXTREME schisms in wealth-distribution and "Depressions".

I was re-reading a John Williams essay on "hyperinflationart depression", and he made a point of drawing attention to that too. It seems what happens is that every 70 years or so, the banksters manage to steal so much wealth, collectively, from the 'little people' that these hollowed-out economies collapse.

In fact, as a graph from a previous article points out ("The Plundering of America"), wealth-distribution in the U.S. hasn't been (almost) this extreme since 1929. The "signals" don't get any plainer than that.
paxjds
...
written by paxjds, April 16, 2010
These same banksters GLD & SLV are technically bankrupt with their trillion dollar bailout money and fictious accounting of Mark to Whatever I want to show a profit in lieu of Forced Bankrupcy. These same banksters are some of the gang leaders who have the World right now on the edge of prolonged Depression with their crooked CDO's and other XYZ Ponzi scams. Banksters & Wall street thugs is to good of a name for them. They are sticking up the planet and they need to be put away in prison for life, preferably on anothe planet. That we are even talking about these crooked GLD/SLV dealings when they need to be shut down and jailed, makes my blood boil. Is the Fed giving them so much electonic dollars, that they are also buying there freedom. If you or I would have done these things, you know we would be in Jail.
Jeff Nielson
...
written by Jeff Nielson, April 16, 2010
Hi Mark.

The critical factor is that there can't be any "counterparty risk" - meaning that ideally these funds hold all their own bullion. At the very least, you must steer clear of any funds which have "custodian agreements" with bullion-banks - since we know that bullion is extremely leveraged.

If you're not going to hold your own bullion, then you have to "do your homework" and make sure you are familiar with WHAT the fund holds, and HOW it holds it.
Mark123
...
written by Mark123, April 15, 2010
So Jeff... Whats your take on SIVR & SGOL??? Any safer? Its supposed to be physical
Jeff Nielson
...
written by Jeff Nielson, April 15, 2010
Great news, SailorTony!

As I mentioned in a previous commentary (http://www.bullionbullscanada....Itemid=131), because the banksters are playing the game (through the CPM Group) of ADDING ETF holdings to inventories, then they MUST shrink those inventories every time there are redemptions.

Thus, any significant "run" on those funds MUST cause a HUGE "squeeze" on those same, bogus, "official" inventories!
sailortony
...
written by sailortony, April 15, 2010
It looks like your message is getting across.

Jason Hamlin of GoldStockBull reports:

"There are signs that an increasing number of hedge funds and individual investors are demanding delivery of physical silver as the dangers of unallocated paper promises become more widely understood. So far this month, 453 silver contracts have been delivered on the Comex or 2.3 million ounces. There is a similar story with the ETF SLV in which nearly 15 million ounces of silver have been withdrawn since late February."

See the whole story at:

http://www.goldstockbull.com/articles/silver-short-squeeze-and-alexco-resources/

Ed Steer of Casey Research confirms today:

"... but the SLV had another whopping amount of silver taken out of it. This time it was an eye-watering 3,431,792 troy ounces. That's two full days of world silver production! Since February 26th... 14.4 million ounces of silver have been withdrawn from SLV by the 'authorized participants' because silver in quantity is not available anywhere else."

Keep on the good work, may be the sqeeze will work!
Jeff Nielson
...
written by Jeff Nielson, April 15, 2010
Editor's Note: I was really pressed for time when I wrote this piece this morning, due to another appointment. So for those who read this one "hot off the presses" I encourage you to go back for a second read, as I added significant new content on the final "edit". Thanks.

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.

busy

Latest Commentary

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12

Latest Comments

Disclaimer:

BullionBullsCanada.com is not a registered investment advisor - Stock information is for educational purposes ONLY. Bullion Bulls Canada does not make "buy" or "sell" recommendations for any company. Rather, we seek to find and identify Canadian companies who we see as having good growth potential. It is up to individual investors to do their own "due diligence" or to consult with their financial advisor - to determine whether any particular company is a suitable investment for themselves.

Login Form