Thursday, April 02, 2015
Text Size

Search our Site or Google

The Bogus Bullion-ETF's

Articles & Blogs - Silver Commentary

User Rating: / 346

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!


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.
written by econ, 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?

written by david sites, 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.
written by david sites, 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.
written by Mark Squires, 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!
written by Claude, 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:

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.


Latest Commentary

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

Latest Comments

Disclaimer: 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

forum using viagra kamagra 50mg now naproxen buspar clorhidrato propranolol 40 mg clomid online safe viagra tablets blue buy lasix furosemide phenergan jeuk ladies viagra india zoloft for lupus taking clomid 150mg 4mg prednisone alcohol propecia 1 mg merck levitra pamplemousse generic viagra dosages viagra tabs com niacin plus viagra clomid forgot pill levitra pill wikipedia doxycycline and thrush clomid 50 mg einnahme clomid 50mg unsuccessful cialis 5mg libido lusignano di cipro cialis mg 200 amoxil suspension storage kamagra 100mg blue propranolol hydrochloride 10mg zoloft 150 mg reviews buspar anxiety cats strattera 60 mg effects levothyroxin versus synthroid bactrim pills lyrica and buspar lisinopril tablets medical posologia diflucan 100 mg viagra 4 tabletki synthroid used hypothyroidism indian viagra safety buspar and dizziness zovirax canada ingredients doxycycline for sinuses nexium tablete teilen order viagra internet took 20 zoloft pills acquistare viagra pfizer cost doxycycline walmart hydrochlorothiazide cause itching synthroid user reviews strattera drug rash cycle sous clomid prednisone 20 mg ivf original nolvadex 20 mg houston sameday viagra zoloft pill esophagitis power pill viagra buy cipro paypal leukaemia and viagra viagra tabletta ra viagra price caremark diflucan 200 mg daily buspar medlineplus cipro q 250 mg price of lasix generic viagra arriv propecia pussy levitra online gambling usual metformin dosage cost strattera priligy online singapore clomid generic india propecia to provillus 100mg viagra prices lanzarote cialis price cialis buy canada xenical 120 mg ebay price viagra sildenafil buy strattera ireland teva viagra price erythromycin after delivery lisinopril pill identification doxycycline dogs 100mg online viagra test 20 clomid pills diflucan 150 mg tab viagra generico sicuro cytotec pastillas 200mg lisinopril 10 mg watson 407 valtrex 1000 mg 21 tablets 50 oder 100 mg viagra 5 mg cialis effective viagra 4 tablet fiyati doxycycline and mgd cialis online siparis zovirax sukupuoliherpes strattera absetzen ausschleichen metformin ukpds 34 cheap kamagra deals xenical 120 mg faydalari buspar before bed cytotec pfizer efectos genuine cheap viagra lasix cause edema kwi kamagra uk users of kamagra buy viagra bradford lexapro missed pills price viagra china nexium cause heartburn nexium 20 mg wikipedia costo sigarette cipro getting pregnant propecia bactrim usual dosage 25mg clomid pct levitra vardenafil generic viagra pill prank doxycycline 100mg gum doxycycline malaria uk overnight cialis prescription drug classification doxycycline viagra causes gout bactrim generico prezzo india viagra safe mejor viagra generico zovirax dosage pills opiniones cialis generico levitra active plus generic nexium 2013 nexium cost savings pillole viagra donne propranolol causa taquicardia buy cheap bactrim overnight fedex viagra lisinopril 5 mg image levitra generico ultrafarma tetracycline drug class viagra columbus ohio nexium cause nausea uses for amoxil nexium causing ibs canadian viagra buy overnight viagra gold viagra price montreal amoxil 500mg syrup propecia 1 mg products stendra versus cialis vand cialis 20 100 mg viagra cheating husband bugiardino cialis 20 mg viagra online authentic doxycycline drug guide pastilla buspar wellbutrin xl 150 mg 30 walmart celebrex costs buspar daily uk viagra 100 cialis 20mg hinta estudios lexapro 15mg prednisone 5 mg imprint viagra use advice zoloft 200 mg buy viagra ring tinnitus wellbutrin permanent nexium causes polyps viagra generico ultrafarma synthroid cause rash kamagra couk on cialis sales lisinopril causing heartburn kamagra pillen kopen teva viagra usa zovirax online kaufen viagra 25 mg alcohol kamagra tablets 50mg zithromax sinus infection lasix tabs buspar espanol prednisone 50 mg shingles viagra canadian prices augmentin tabletki opinie amoxil 500 mg pregnant nexium pruritus viagra de 5 mg zithromax suspension 600 mg prednisone prices using viagra pe levitra cialis together 0.25 mg propecia cialis users experiences diflucan breast thrush phenergan epocrates online phenergan muscle relaxer diflucan cp 150 mg use prednisone mononucleosis buspar zyrtec nexium walmart pharmacy generic cialis reliable wellbutrin drug store viagra 25 mg walgreen use viagra ssri vitex metformin together ready tabs viagra order lasix fast doxycycline medication used zithromax singapore prescription metformin without prescriptions kamagra gelovi upustvo generic vega viagra get some viagra teva generic levitra medicine lasix 40 mg online viagra apotheke 80 mg propranolol alcohol sweden buy viagra propecia or generic doxycycline hyclate cheap buy lasix cvs doxycycline dysgeusia cialis purchase canada lengte cyclus clomid viagra onlinesrbija kamagra tablette teilen getting off cialis nolvadex buy australia purchase propecia purchase lasix canada 300 mg diflucan nexium 10 mg packet wellbutrin and. buspirone viagra costo farmacia glucophage 500 mg metformin tijuana pharmacy lisinopril 60 mg of lexapro propranolol street use bactrim tablet doz whatvdoes cialis cost priligy generico forum valtrex generic patent viagra nicosia cyprus diflucan 150 mg directions viagra canada overnight viagra dosage canada levitra drug study bootsonline propecia cialis online eczane lantus plus metformin phenergan promethazine 25 mg glucophage combination drugs price comparison doxycycline cialis 20mg kosten metformin hydrochloride 750 mg bactrim cipro together cialis black 100mg wellbutrin pill identification augmentin 500mg wiki substitute for buspar ready tabs cialis buspar build up lexapro plus seroquel cheap viagra bangkok cialis generico argentina india brand viagra generic synthroid effectiveness doxycycline rosacea 100mg zoloft induced lupus cialis 2 5 mg prix wellbutrin other uses generic wellbutrin pharmacy muse for viagra safe generic propecia edmonton viagra prices how buspar works diflucan drug study prednisone dogs cost cialis 50mg bestellen xenical 120 mg x 84 2.5mg cialis works womens viagra australia clomid pills ovulation order usa viagra buy viagra florida wellbutrin 450 mg libido kamagra jelly tablet sirve cytotec generico lisinopril nausea diarrhea valacyclovir valtrex price cara memasukan cytotec lexapro going generic kamagra tabletki forum amoxil drops sale cheap propecia merck can crush valtrex viagra im ausland metformin drug study zithromax drug company cytotec drug store metformin 500 uses cialis 80mg dose indian market viagra cialis price store cialis online 24 ore cialis uk free augmentin copii suspensie canadian viagra patent lexapro causing seizures synthroid 0.12 mg erythromycin tablets 250g harga xenical 120 mg augmentin pillola yaz lasix quando usarlo desi viagra india cialis original 5 mg viagra delivery nyc thuoc nexium 40mg kamagra price comparison vardenafil generic levitra diflucan hiivatulehdukseen doxycycline 100mg bd buspar watson liquid viagra india dosis cipro tablete lexapro available uk metformin generic health cipro uti online lexapro generic patent zithromax pfizer dosis muse with cialis levitra lutschtabletten bayer tetracycline antibiotics buy viagra men uk viagra sameday delivery augmentin causing hives generic levitra coupons diflucan thrush one clomid uterus lining metformin cause constipation lisinopril 10mg. interactionn walmart doxycycline price generic viagra offers augmentin suspension es 600 propecia tablets available generic for augmentin 500 viagra sales melbourne 3085 lexapro celexa generic buspar off market metformin 500 mg dosing viagra kaufen nachnahme strattera 80mg sell viagra 100 millagram pills lisinopril 20 mg preisvergleich cialis sublingual 10mg metformin sinus tachycardia cialis best buys tetracycline viruses cheapest viagra america clomid tabletta clomid customs viagra ftbl 100mg nejm lasix infusion prednisone dosing lupus generic to lisinopril cialis price england 25mg viagra fiyati celebrex 10mg buy doxycycline cipla cytotec de 400 mg canada viagra warnings cipla cialis 2.5 mg compound valtrex suspension generic for lisinopril 40 valtrex 500 mg wirkung lisinopril 20 mg generico superovulation 25mg clomid clomid without period clomid 50mg pregnant propecia dutasteride together kamagra pharmacy singapore prednisone 5 mg cats narcotic celebrex 200 mg cipro versus amoxicillin average viagra prices amoxil dosage use nexium medication generic 32 pfizer viagra 100mg 0.25mg synthroid tab prednisone toenail fungus viagra nebenwirkungen hautausschlag generic erythromycin ointment prednisone 20mg mayo viagra 25mg pill cheap viagra perth clomid 2 9 100mg pregnant xenical eksi sozluk prednisone strength 20 mg buspar pregnancy risks mgr. frantisek cipro strattera plus vyvanse zovirax boots uk order cialis fedex glucophage 1000 mg zayiflama sinus headache wellbutrin nexium alternative drugs cervical mucus clomid glucophage 1000mg merck metformin 850 mg dosierung buspar and anger cytotec tabletas priligy user experience amoxil price indonesia cialis da 80 mg viagra 3000 pills uses for zoloft levitra private prescription strattera 10mg cheapest genuine viagra zithromax discount card zithromax suspension medicine viagra online rx reliable propecia online houston viagra doctor prednisone miracle drug cialis brand 40mg prxshop products cialis cytotec 200mg mirena clomid users advice lexapro 3 mg buy lasix paypal injection clomid online propranolol 40 mg engorda nexium generic europe levitra orange pill metformin rus cheap cialis viagra skylark canada viagra costco zoloft generic synthroid issues zovirax discount drugs with erythromycin buy zoloft without prednisone 20 used phenergan liquid australia metformin tablets 1000mg clomid lloyds pharmacy india cialis 99 cent costo propecia finasteride bactrim mims australia costco propecia coupon zoloft 50 mg anxiety cytotec costos mexico medline india dapoxetine synthroid nausea symptoms generic levitra called nolvadex tablets research cialis price yahoo liquid cialis cheap cialis buy europe citalopram plus wellbutrin kamagra sicher kaufen viagra buy manila vardenafil versus cialis prednisone 30 mg bronchitis viagra kupiti online levitra generico foros sell generic viagra cialis 5mg nz cgv viagra uk generic equivalent levitra xenical annual sales 5mg cialis work buspar fogginess cialis andorra online cheap cialis info metformin muscle glycogen nexium warnings use zoloft drug coupon viagra phuket posologia viagra generico lexapro 20 mg sleep propecia price check cialis 5 mg andorre clomid drug sheet fucking useing viagra strattera usa citalopram plus bupropion augmentin 1000 mg tl clomid mucinex robitussin cialis online advertising notice cialis 10mg synthroid 88 cost cipro 800mg kamagra bestprice lexomil ou buspar generic synthroid brands philippines price cialis viagra free overnight viagra sachets uk viagra m tabs cialis 5mg cost 2013 augmentin zkusenosti metformin pruritus sildenafil 50 mg viagra clomid 100mg 6days viagra genericos intercambiables purchase nolvadex tamoxifen viagra placebo pills cialis 20mg asli usp prednisone standard zovirax price au viagra london customs just kamagra price wellbutrin xl valtrex effects fetus viagra israel cost augmentin compresse 500 mg discount cialis canada clomid pills twins viagra pills prank xenical tablets trade metformin usage statistics viagra patent us cialis tabletten viagra octopus uk online viagra lexapro tablets buspar depression dosage 50 mg of doxycycline cheap viagra pompharmacy jelly viagra kaufen viagra pharmacie canada propecia users medicine lasix 500 mg viagra magnus argentina nexium 40mg for buy propecia walgreens players using viagra strattera prescription help prednisone 100 mg tapering usual valtrex dose cialis price compare viagra costos xenical prescription drug levitra tablete metformin 1000 mg makedonija prednisone 60 mg daily bijsluiter zithromax 500 mg prednisone 40 mg m2 mouse ate viagra generic synthroid 2011 metformin dosage canada cipro headache nausea clomid 300 mg about viagra tablet ceftriaxone plus erythromycin cialis kopfschmerztabletten 2013 cialis price walgreen buying viagra boots naproxen celebrex together metformin 500 mg image buspar oral tablet customer cialis viagra pills jpg new prescription levitra kegunaan doxycycline 100mg cipro tablets alternative viagra dose 100 mg get viagra manila prices for doxycycline viagra 100 mg dawkowanie buspar dose anxiety cytotec 200 tabletes directions clomid 50mg taking 2 10mg cialis viagra generic sample sales viagra legal viagra australia nolvadex online kopen xenical orlistat costi wellbutrin sr discount lisinopril and robitussin afbouwen lexapro 15 mg lexapro generic prozac generic viagra companies doxycycline monohydrate genrx strattera costco finax versus propecia viagra prescription wiki metformin drug test viagra natural uk prednisone spinal fusion buspar dosage dogs cialis price georgia wellbutrin luvox together cialis 5mg testosterone quando usar viagra nexium nombre generico diflucan 2 cps 150 mg augmentin 1000 mg fiyat cytotec induction drug buy viagra gibraltar cialis 5 mgkamagra doxycycline tab 50mg doxycycline chronic use viagra ebay kaufen viagra softtabs zovirax tabletas dosis buy cialis calgary cialis sales canada tabletki viagra podobne trustworthy viagra metformin in india wellbutrin canada monograph cialis 5mg pharmacie nexium 40 mg vaistai 5 mg levitra viagra 200 mg dose kamagra kautabletten einnahme erythromycin acidophilus valtrex versus famvir actavis generic wellbutrin nexium directions use lexapro amitriptyline together cialis douleurs musculaires nexium drug interaction cipro 1000 mg 5 day cialis professional kaufen uti drugs cipro propranolol anxiety blushing priligy tem generico prednisone causing bloating doxycycline cause toothache augmentin and citrus nolvadex cancer drug thuoc lexapro 10mg online viagra testimonials viagra 150 mg safety generic cialis hard uso de augmentin cipro 500mg iv female viagra canada xenical et dukan levitra buy generic augmentin chronic sinusitis lexapro 150 mg augmentin streptococcus agalactiae glucophage cause hypoglycemia doxycycline injectable buy buspar 100 dapoxetine us approval prednisone 20 mg itching generic dapoxetine buy cialis western australia canada viagra women bactrim cause flushing cialis 5mg preise prednisone 5mg take zithromax price cvs nolvadex 10 mg 60 montelukast prednisolone lexapro and 40 mg doxycycline 500mg dosage amitriptyline quetiapine together stopping synthroid use staphylococcus doxycycline cialis 20mg cpr 4 get free cialis viagra online doktor prednisone versus advil purchase amoxil powder order cialis c20 pirple generic viagra cytotec pfizer dosis costco carrry viagra viagra kasutusjuhend 50 mg prednisone 5 days propecia using paypal viagra canada image augmentin 875 prices prxshop products viagra cefixime plus doxycycline diflucan 150 mg 1 dose drugs glucophage lexapro versus aropax viagra generico opiniones tetracycline flushing generic cialis double cialis 72 hour price robitussin dm zoloft 5 mgs of lexapro lexapro generic insurance priligy foglio illustrativo cialis 10 vs 20 mg clomid nome generico lisinopril ratiopharm 5 mg xenical price pakistan levitra ukonly clomid at 25 mg costo viagra da 100 synthetic viagra online clomid nombre generico buy strattera medication bactrim ds thrush kamagra 100mg doctissimo doxycycline 75 mg acne fungsi erythromycin 400mg 10mg lexapro alot kamagra tablete prodajem lupus tapering prednisone viagra 50 mg duration 40mg de cialis generic cialis mfgs clomid discussion groups zithromax 5 days cost viagra pills chennai sinus infection clomid toradol celebrex together lisinopril costochondritis efek cialis 20 mg quanto custa strattera strattera 60 mg preis viagra frau kaufen metformin causing cravings viagra free pill zithromax food without pfizer viagra info viagra herbal online propranolol stada 40 mg buspar and beer zovirax useless preis cialis 20 mg zoloft other drugs hydrochlorothiazide suspension recipe use of erythromycin 500 cialis preise usa zoloft cause stillbirth viagra konkurrenzprodukte benadryl phenergan together wellbutrin sr mg bruk av zoloft bactrim quanto custa zoloft tramadol together professional viagra buy zithromax medicine use prednisone achy muscles valtrex cause outbreak lasix use medical celebrex 200mg cap discount finasteride propecia clomid 150 mg ervaringen cialis tablets manufacturer lexapro help focus cialis free online cialis coupons costco free delivery viagra cipro versus bactrim amoxil use pregnancy farmacie cialis generico true generic viagra doxycycline 100mg longontsteking 10 mg lasix bodybuilding prednisone plus weed propranolol usual dose untuk apa prednisone augmentin duo 1 mg viagra 30 tablets price viagra price za is 40 mg cialis recommend online viagra cialis reviews 5mg drug called hydrochlorothiazide order bactrim fast diflucan other uses doxycycline en drugs taking buspar 5 htp propecia canada sales will strattera generic prednisone ophthalmic suspension clomid 25 mg pct propecia rogaine together buy viagra dapoxetine super cialis online propecia nuspojave cijena cialis tableta buspar pets 2 pilletjes clomid buspar and urination ert 100 mg viagra kamagra aus europa wellbutrin zoloft together 50mg clomid iui lisinopril tablets metabolism cialis 10 mg n1 indian rock viagra diflucan tableta vanzare viagra online buying clomid nolvadex administrare augmentin 500mg walmart pharmacy celebrex prednisone 60 mg dose buy Cialis 120 zithromax type drug buy doxycycline 100mg kopen lexapro 40 mg anxiety clomid cost zovirax costi is metformin generic strattera users nexium tabletes clomid fertomid 50 mg nexium mercury drug nolvadex 20mg pct viagra cheap info indian propecia forum xenical 300mg precio cytotec tabletas kamagra jel kaufen buy viagra hungary buspar urine tests levitra buy mexico amusing viagra reactions augmentin tabletki dawka propecia sydney price priligy buy online uses of amoxil bula propranolol 40mg zoloft prescription cost phenergan tablets wiki propecia finasteride generico cialis dzielenie tabletki generic viagra 2012 generic vs levitra clomid 100 mg follicles viagra 100mg rose generic for diflucan cialis online ca glucophage cause headaches 5mg lisinopril diuretic viagra purchase online prescription medicine doxycycline cialis pills. reviews xenical singapore pharmacy lexapro anxiety generic generic zoloft medication augmentin bid 200 28 mg lisinopril dosage use zovirax 200mg cialis prodaja online annual viagra sales epocrates online lisinopril 3 cialis pills generic viagra g cialis canada wiki glucophage best price people using viagra canova 50mg viagra berlusconi usa viagra cialis 20 mg vidal nexium alternatives cheaper avodart cialis together buy safely cialis viagra sale durban celebrex cause hyponatremia viagra chemist warehouse ciprofloxacin doxycycline cost rx for cipro lisinopril tab lexapro 5 mg opinie hydrochlorothiazide 12.5 mg identification dogs prednisone 60 mg levitra mgs buy 1000 viagra 20 mg cialis instructions augmentin tablete adulti xenical fat tablets refrigerate zithromax suspension levitra canadian prices viagra online fedex metformin drug resistance zoloft getting worse zithromax 250 mg cpr6 farmacie online xenical viagra usage experiences buy zithromax 500 iv lasix uses viagra virus removal zoloft discussion board kosten levitra 20mg levitra generico bula buspar valtrex lasix 500 mg pret lisinopril 10 mg ndc cialis 25 mg argentina 80 mg lasix pink nolvadex tablets zoloft versus paxil prednisone 20mg tab fake pills propecia augmentin 1000 mg compresse nexium 20 mg syrup viagra prezzo usa tabletki typu viagra 2 25mg viagra viagra cheep canada nolvadex 100 mg buy 007 viagra xenical tablets reveiws 2012 lexapro generic order cialis 5 mg alcohol nolvadex tamoxifen uk synthroid generic trade wellbutrin causing depersonalization 5mg cialis dosage zithromax took 8 pills 4 cycles sous clomid 750 mg of metformin viagra 100mg sideeffect generic lexapro teva kamagra gel buy buspar initial dose take 40mg levitra metformin bad drug lexapro drug label bactrim iv rxlist discount real cialis hautausschlag durch levitra viagra online check buy amoxicillin amoxil viagra aust viagra buy manchester preventing viagra flushing drug conflicts viagra pfizer viagra doses kamagra bangkok kaufen celebrex 200 mg indicaciones synthroid without presciption generico viagra nome strattera walmart cost wo kaufen viagra buspar worked great levitra online doctor cialis reditabs zovirax tablets aciclovir sustancia del bactrim augmentin e buscopan cytotec cuando usarlo online viagra perscription paypal generic cialis doxycycline causing headache lawsuits strattera canada zovirax dispersable 400 mg online viagra inc kamagra online review zovirax 200mg hinta discount chewable viagra generic propecia shed cytotec 200mg prospecto 0.5mg propecia results lisinopril 10 mgufacturers viagra spray buy limit prescription levitra best mg viagra discount genuine viagra kamagra tablets rs propecia dosage usage guida online cipro generic finasteride finpecia buspar cyclothymia prednisone use pregnancy zoloft tablete uputstvo zithromax tablets ingredients propranolol indian pharmacy viagra uk uk viagra capsules uk prednisone 20 mg medication strattera de 10 mg augmentin treatment pertussis diuretic lasix cost augmentin price philippines a amoxil 500 mg cialis 20 mg spezzare escitalopram generic lexapro muscle spasms metformin xenical tabletten abnehmen viagra when nevous nexium 10 mg diluye tramadol lexapro together lasix cleaning 20 mg qto custa clomid lexapro causing hallucinations sell viagra uk augmentin presentacion suspension rxlist valtrex dosage boots generic cialis europe customs nolvadex buy viagra youtube levitra prescription assistance buy cialis hacked synthroid 5mg dosage phenergan 25mg buspirone and prozac octagonal tablet viagra amoxil streptococcus no prescription metformin valtrex cost cvs propranolol online bestellen ebay cialis generico propecia online nz lexapro 10mg c 14 50 mg vs 100 viagra cheap cialis fda kamagra online erfahrungen augmentin and thrush viagra phone prescription zoloft drug actions dosis cytotec pfizer cialis 1 or 2 tablets viagra 50 mg reviews cialis compresse 10 mg pill priligy unprescribed clomid online clomid spontaneous ovulation ansitec e buspar erythromycin gi use kesan clomid 50mg nexium untuk nexium oral thrush prednisone 20mg zentiva kamagra kautabletten preisvergleich medicina cialis 5 mg cheap english viagra order cialis women robitussin cf wellbutrin viagra more 100 mg glucophage 850 mg tab cialis 20 mg coupons generic viagra forums propranolol military use extra 20 mg viagra use lasix ems walmart cialis 20 mg 500 mg valtrex augmentin 1000 mg hamilelik walgreens valtrex cost cialis derby uk non prescription cialis buspar effectiveness time lexapro indications use doxycycline nausea symptoms levitra professional cheapest lisinopril sinus pressure order tetracycline medicinale generico cialis buy zithromax 1200 nexium tablete cijena generic viagra 20 mg dominican generic viagra best buy kamagra lexapro drug classification generic levitra brazil zoloft causing flushing nexium us patent kamagra 100mg srbija 300 mg zoloft ocd metformin oral uses zithromax used mrsa usos de metformin cialis 20 mg eu cialis confezione 10 mg cialis tablet com viagra cipla online blue cialis pill buspar crying doxycycline malaria cost nolvadex after sustanon wellbutrin buspar interaction viagra 100 mg 4 tablet zovirax 80 mg celebrex nausea morning propranolol cause hypoglycemia zithromax suspension 2gm took 5mg cialis celebrex indications usage bactrim diffusion osseuse kamagra fizzy tabs diflucan uk teso xenical generico 500mg puedo usar cialis nolvadex illegal buy viagra na customer pfizer zithromax instructions nolvadex quanto custa valtrex 500mg kosten zoxan generic cipro synthroid anxiety nervousness zovirax price philippines viagra kaufen schweiz wellbutrin causing migraine cheap genuine cialis cialis 20mg bayer stop flushing viagra lexapro sleeping pills zoloft overdose 500mg mexican pharmacy celebrex doxycycline cause uti wellbutrin cause confusion viagra viagra generics generic viagra blueberry strattera discounts hydrochlorothiazide rxmed zovirax cream generic lexapro reduced price viagra 25 mg einnahme prednisone 10mg information 1800 bad drug zoloft viagra vipps pharmacy celebrex coupon pfizer doxycycline 100mg prescribed strattera drug structure dbl doxycycline 50mg prednisone illegal drugs generic levitra alternative teva generic propecia generic propecia effectiveness doxycycline 50mg generic female use viagra tetracycline und milchprodukte buy cialis urope nexium original 40mg blausehen mit viagra doxycycline and tinnitus is cipro generic lisinopril en jeuk comprar generico cialis cialis professional indian effetti cialis generico propranolol 80mg amoxil 500 mg capsulas cipro generic fda cialis old pills rush dominican viagra buy cialis 5o prednisone anhydrous cialis online belgium wellbutrin discontinue use pharmacy direct viagra acheter nolvadex canada xenical orlistat dangerous wellbutrin causing heartburn viagra total sales 10 mg 36 hour cialis zoloft irritate esophagus lexapro generic expensive buy viagra shops cialis 400 mg propranolol inderal 40mg diflucan india cream zoloft arousal doxycycline dose australia dapoxetine 20 mg viagra pfizer rezeptfrei valtrex 500 mg dosierung generic cialis offers celebrex for costochondritis glucophage untuk nexium esomeprazole generic cipro oral cost viagra indian equivalent doxycycline untuk gonore propecia prescription ireland nolvadex wo kaufen beipackzettel xenical 120 mg get strattera free generic cialis paypall cipro rx info bruk av viagra lasix 40 mg forum cialis cost Washington triamterene hydrochlorothiazide price zithromax 6 pills genaric viagra cheap glucophage drug action giuseppe nasi cipro discounted perscription viagra viagra competitors online lexapro robitussin interaction is buspar activating levitra price kaiser my cialis rx rxlist zoloft metformin sr india propecia cost winnipeg viagra pharmacy reviews pediatric bactrim cost clomid users multiples i buy periactin buspirone vs wellbutrin levitra generic patent generic strattera paypal caremark nexium 40 mg cialis disount 5 mg viagra online doma savon cialis price hydrochlorothiazide causes headaches celebrex 200 mg einnahme viagra vs zenerx clomid 50 mg bfp viagra onlines viagra purchase spain cialis in usa generic150 mg viagra counterfeit propecia india viagra otc uk 2011 cialis generika 10mg purple pill synthroid 175 lisinopril confusion buy zovirax capsules generic zithromax 306 orlistat xenical generic nexium 10 mg otc online prednisone malaysian viagra prices clomid 150mg bfp cytotec costo colombia get propecia metformin scored tablets cipra generic viagra buy viagra lebanon augmentin tab 875 mg doxycycline disper 100 mg propecia generic coupons wellbutrin personality disorder cytotec price list buy propecia generic desi viagra price 2011 cytotec class drug levitra drop price buy celebrex now clomid generic multiples levitra united pharmacy drug classification zithromax cialis 20 mg nasil wagreen buy cialis cipro 500 mg reflux cialis coupons online viagra pills review kolkata viagra buy prednisone online canada comprar levitra 10 mg strattera 18mg prednisone 500 mg buy pet doxycycline 250mg zoloft viagra pharmacy sweden cost synthroid strattera uses anxiety viagra contraceptive pill uso compasivo propranolol cheapist cialis zoloft cheap erythromycin suspension used levitra tablete nexium viagra sustitutos naturales viagra 50 mg administrare cialis generic comparison wellbutrin 300 mg depressione cost augmentin generic zovirax pills espanol levitra 20 mg duracion doxycycline pill appearance clomid 50mg turkce propecia 4mg levitra kaufen nexium 10 mg sachet prednisone 2o mg cytotec cause bleeding viagra custom legal buspar board xenical uk nhs prednisone feel flushed 25 mg of prednisone gbl viagra order viagra ausprobiert wellbutrin e nausea diabetes caused prednisone wellbutrin costa rica very cheap cialis indian bull viagra levitra wieviel mg dapoxetine 30 or 60 mg viagra pillow lexapro generic version cialis pills melbourne amoxil 500 mg mexico strattera retail cost buspar names bird doxycycline 100 mg cialis retail price remedio viagra generico wellbutrin generic best wellbutrin versus zyban celebrex price list viagra half price augmentin tabletten dosierung toronto buying viagra lisinopril 10 mg medication levitra reviews uk lexapro versus pristiq buy viagra bulgaria generic viagra name viagra virus entfernen lexapro 10mg tab cost viagra nhs efectos viagra 100 mg cialis price walgreens viagra target market cutting 20mg nolvadex augmentin 200 28 mg levitra sales cialis tablet shape metformin 1000 mg osmotic sa kushton cialis generic lexapro 5 lasix perfusion scan steroid flush prednisone posologie clomid 25mg lexapro rigid muscles cialis on sale infusion of nexium walgreens pharmacy cytotec zoloft 50 mg ed doxycycline mrsa sinus nausea taking bactrim buy viagra bangkok 2012 lisinopril versus propranolol levitra canadian erythromycin enteric tablets online viagra au zithromax suspension solution lexapro discussion boards valtrex generic brand cipro half pill zoloft cures tinnitus pills like xenical cialis price china buspar worsens depression viagra 50mg tab cialis 20mg reviews cialis 20 mg 4 comprimidos cheap zovirax 400 mg beipackzettel buspar tylenol prednisone reviews lupus lexapro price effexor generic lisinopril mylan doxycycline for mouse priligy tabs augmentin de 625 mg medicamento nolvadex 10 mg normal cialis mg cialis 5 mg manufacturers augmentin enterococcus faecalis erythromycin drug schedule erythromycin vet use cipro azithromycin together kamagra 100mg beipackzettel buspar leg pain augmentin 875 mg forum kamagra tablete nabavka phenergan stop nausea generico levitra mexico prednisone uses lymphoma nexium 20 mg compresse order priligy online clomid causes ovulation 60 mg strattera high zithromax tabs otc omnicef versus bactrim celebrex nombre generico mouse tetracycline dose viagra vs. cialus nexium 10 mg pediatrico sams viagra 50mg store online viagra zoloft esophagus pain erythromycin 250 mg price selling viagra 100 mgs cialis cause pimples flexeril buspar interactions viagra tablets paksitan zovirax price eu kamagra australiapaypal augmentin therapeutic use propranolol causing headaches customs and viagra does levitra causes viagra online danger generic viagra warnings nexium 20mg bula nolvadex buy tamoxifen viagra tablet optional nepalese generic viagra erythromycin suspension uses bactrim causes bloating muscle relaxants viagra propecia kaufen buy nolvadex clenbuterol buspar prospecto nolvadex foglio illustrativo hydrochlorothiazide similar drugs wellbutrin cause acne pharex erythromycin price hydrochlorothiazide cause insomnia cialis giornaliero 5 mg lisinopril accord 5 mg buy prednisone cats xenical price 2011 buy nolvadex viagra viagra tablets bangalore erythromycin india brands ebay generic viagra zovirax liquid price viagra canadian pharacies nexium tablets esomeprazole cialis 30 tablet tl cheapest augmentin viagra generico venta cialis 5mg europe xenical generico prezzi clomid online shop doxycycline hyclate australia zovirax class drugs nexium generic alternatives si uso viagra viagra kaufen erfahrungen is cytotec dangerous levitra buccal tablet propecia price thailand pauto cialis 05 mg levitra generico vendita thuoc glucophage 850mg doxycycline 100mg cena lisinopril recreational drug viagra 100mg kopen usages of prednisone lexapro muscle soreness levitra price nz cialis for dailyuse acquisto cialis 5 mg where order cialis vendita viagra pfizer buspar glaucoma zovirax suspension cialis purchasesouth africa 400 mg tetracycline viagra online leagle zoloft lupus 10 mg cialis effect take 3 5mg cialis prisoners get viagra drug class wellbutrin propecia purchase cipro 500 generico nexium 40 mg medication cytotec delivery levitra bonus viagra generic ed intravenous lasix dosage uso frecuente cytotec viagra generico 100 levitra coupon discounts cipro intravenous dosage zovirax pills treatment levitra price forums phenergan 25mg reviews 40 mg lexapro ocd canadian levitra revie 300 mg of diflucan xenical usa clomid causa dor zoloft buspirone interactions metformin on sale viagra customer service cialis daily 10mg augmentin 625 in india lasix iv 40 mg doxycycline 100mg blepharitis lasix musculation canada cipro losartan hydrochlorothiazide tablets propecia finasteride 0.5mg diflucan online purchase propecia prescription atlanta diflucan 50 mg breastfeeding prednisone bullous pemphigoid propecia results diffuse cialis offshore pharmacy viagra filmtabletta wellbutrin cause nausea lantus with metformin online viagra malaysia flushing with prednisone cialis pill cutters price valtrex acyclovir kamagra super india intravenous erythromycin lactobionate