Last week the investing world got a peek at how leveraged the shadow banking system works and the dire consequences for those caught in the crossfire. Jim Sinclair has been telling those who would listen to do their own DD. Unless you have your Gold, Silver or stock certs in your possession you may not be the actual owner. GLD, SLV, the COMEX and other paper equivalents have been exposed for what they are but the 85% rule will guarantee that they remain as part of the investing public's portfolio. Sprott and CEF are the real thing but do you hold direct registration. Is your brokerage account safe? I have a good portion of my stock certs in my possession. I will take steps to do the same for my core position but take the risk with my trading account for convenience. Will you be one of the 85%? Woody PS: 85% of the population is unaware of what is going on. That allows the rest to benefit from their lack of knowledge.