Check out this e-mail I’ve received from BullionVault. It contains a pdf document that I found extremely interesting. Read it and marvel at just how the financial system you trust really works! For me this is just another reason to feel better about my ownership of gold bullion.
Dear BullionVault user,
I’m sure you’ve read about the problems at Bear Stearns, the major
Two of its hedge funds have hit the skids after investing in a heap of
alphabet soup known as MBS, CDS and CDOs.
I wanted to find out quite what was going on here, and quite what
risks might be.
If you’d like to learn more, you can now download our full report by
clicking on this link:
P.S: It’s a rather long PDF file, which you may want to print out! If
need the Acrobat software to open it, you’ll find it freely available