Think of SFMI as a bank with a deposit on its books of $6.6 million. Think of the leverage on that $6.6 Million. An average bank has only about 3% to 6% on actual deposit, a fractional reserve upon which it has leveraged the actual deposit many tiimes over...up to 100 times with gold. Now, a financer can take a pledge of $6.6 million and also leverage it out, which makes a very nice profit for them...without ever having to sell the gold. don't forget that the ppledged gold wiill itself apppreciate in value from $1600/oz. to $3500/oz. How can anyone llose oon that kkind of assurance? Then, progress to ounces in the ground and the speculation that grows with those gold deposits...often called 'deep storage gold' by the banks who finance the Barricks of the world.
The future is bright gold with a gobsmacking silver bonus lining.