How about the second paper gold beatdown? If you thought it was hard to find gold in your area before, just wait a few days. I know some people that have money tied up in GLD ETF's, and I told them before that they were not a good idea, you need to have it in your hand. That money is almost gone now, and I doubt that it will return in value to what it was two years ago. At least not until the GLD has crumbled down and people that have physical can name their own price for it. On another note, here's a good article about who actually owns your money when you deposit it in a bank: No BaNK DePoSiTS WiLL Be SPaReD FRoM CoNFiSCaTioN | Zero Hedge Guess what- it's NOT yours anymore!