O.T. Recently.
posted on
Oct 21, 2013 12:13PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Snippet from JSMINESET:
"And 99% of all people still think it cannot happen. Look at the increase in deposits at banks! As you said, this world of "make believe" will soon become reality."
Comment:
As I've said before, I still use the bank, but only to pay my bills. I went there on Saturday to talk to the young lady that is assigned to look after my account (She's new. The lady she replaced has now retired - they call her a Financial Advisor - what a joke).
Anyway, the bank was packed. There were line-ups everywhere. I even had to make an appointment to see my F.A.
We talked for a while and she kept asking me why I had withdrawn all my funds and closed down most of my accounts (the only account I have is a chequing account, with a minimum amount on deposit and because I'm a senior, I don't have to pay any fees).
Before I answered her, I asked her to explain why the Canadian Government had included "bail-ins" in the new budget and asked her if she knew what "bail-ins" were.
She was CLUELESS and after I explained the situation to her, she started to laugh at me and insinuated that I was paranoid, insisting that money is still safer in the bank than kept personally.
Before leaving I told her the story of the little old lady that was driving and got pulled over by the police.
She rolled down her window and the policeman noticed a shotgun on the seat.
"Do you have a permit for that? he asked her.
"I do." and she opened her glove compartment to show him.
He then saw she had a revolver in her glove compartment.
"How about that one?"
She showed him both permits.
"Do you have any other weapons?" he asked.
"I have a pistol in my purse, together with another permit.
"Lady" he asked "What are you afraid of?"
She replied with a smile "Not a damn thing."
"We live in interesting times"
Good Luck to all!