I should also mentioned that they have closed the doors to taking possession of 90% of stock certificates for U.S. companies listed.
One can now see the validity to Jim Sinclair's warning, one year ago, to take position of your stock certificates as soon as possible before you lose that oppurtunity to do so.
Personaly, because of the financial meltdown, I feel that many brokerage house will dissapear off the map. A few days ago, I heard on the news that Ameritrade is in trouble, they are losing $Millions, and this is a discount broker so it stands to reason that the full brokerage houses have to be losing money !!
With the the outlook for gold being in a long term trend bull run, and if Silverado can land financing, my stock certificate will remain under lock and key for a long time.