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22nd December 2008, 18:41
Subject:Seekbullion.com Profiled
By: Jason Hommel, Silver Stock Report
Overview: These days, I'm shocked to see that the largest Ponzi Scheme in the world (besides the government run ones like paper money, social security, etc.) --the Bernie Madoff $50 billion fraud fund, only provided a steady 10.5% return to investors. Had he purchased gold in 2001, his Ponzi scheme might not have failed, and, in fact, his fund could have had returns far in excess to that which he promised his investors! Gold, at $255 in 2001, to $850 by 2008, after 7 years, is an annualized 18.77% return!
Link: http://news.silverseek.com/GoldIsMoney/1230012240.php
By: Jason Hommel, Silver Stock Report
Overview: These days, I'm shocked to see that the largest Ponzi Scheme in the world (besides the government run ones like paper money, social security, etc.) --the Bernie Madoff $50 billion fraud fund, only provided a steady 10.5% return to investors. Had he purchased gold in 2001, his Ponzi scheme might not have failed, and, in fact, his fund could have had returns far in excess to that which he promised his investors! Gold, at $255 in 2001, to $850 by 2008, after 7 years, is an annualized 18.77% return!
Link: http://news.silverseek.com/GoldIsMoney/1230012240.php