Friday, November 19, 2010
Let Scotiabank Help You Crash JP Morgan
Okay here's the deal – you have a busy day. You don't have time to go out and buy silver to crash JP Morgan. Although it's quite as simple as buying it online you want physical ownership, you want physical delivery. Well then Canada, let's stop into your local Scotiabank branch.
The Bank of Nova Scotia is a very old bank like all Canadian banks, and like all Canadian banks it is chartered by Parliament and is very big.
So whether or not you're a customer, whether or not you're Canadian, feel free to walk into any Scotiabank and purchase silver.
In my experience this process is painfully slow, but well rewarding. Not to the fault of the bank tellers, most weren't aware the bank sold precious metals. Even a manager had little understanding on how to fill out the 'necessary' paperwork to correctly purchase metals and have them delivered to that branch the very next week.
That's probably the most major inconvenience. Not the seemingly bureaucratic behavior of the bank employees but the personal paper work that goes along with the process of buying silver. Whether by bank demands or government decree, I forfeited numerous cards of identification for documentation such as my social insurance number, driver's license which included a special number given to me by Big Brother and my home address. The silver I purchased can now be properly audited and nationalized by the Federal Government.
But we don't have time to think about that. What did Keynes say? In long run we're all dead? So be it. I suspect most Canadians prefer their silver from reliable sources, not some shady dealer selling junk metal. Scotiabank can provide this stability (just don't buy the certificates). There's still hope for a better future. Not just in crashing the financial terrorists at JP Morgan, but at preserving your savings.
Regardless of the obstacles at Scotiabank I walked out with silver bullion three bucks above spot price. If I felt like staying longer perhaps I could have had that premium lowered because as with all Canadian banks -- you can always haggle for lower prices or better deals.
But only at Scotiabank can you buy gold and silver.
Let The Saving Begin!