“If you don’t hold it, you don’t own it”
“If you don’t hold it, you don’t own it” (or “If you can’t hold it, you don’t own it”) is a catchphrase of the blogger Ponce, who used the tag on Gold is Money Forum and other blogs since the mid-2000s. Many others, skeptical of gold and silver ETFs such as GLD and SLV, have abandoned paper gold and use Ponce’s slogan.
The Mental Militia Forums
Ponce
Listen to uncle Ponce…...
« on: January 02, 2007, 10:02:46 PM »
Listen to uncle Ponce because the time is NOW…... now is the time to get rid of your paper stocks including gold, silver and so on.
(...)
“If you don’t hold it, you don’t own it”... Ponce
Zombie Squad
by Ponce » Wed Mar 14, 2007 8:13 pm
“If you don’t hold it, you don’t own it”... Ponce
Fat Wallet
dupontcobb
posted: Apr. 19, 2007 @ 5:05p
If you are looking to buy ETFs GLD and SLV just remember they are taxed at 28%. There is some question if GLD and SLV actually have the commodities behind these EFTs. My motto is if you don’t hold it, you don’t own it. Buy and keep the real stuff and don’t keep it in a safety deposit box at the bank. Paper gold and/or silver can be as worthless as the US dollar when the US eonomony collapses. I don’t recommend pool accounts either for the same reason.
Realcent
Canadian_Nickle
Posted - 05/02/2007 : 19:58:35
Maybe we should change the forum motto from
“If you don’t hold it, you don’t own it”
to
“If you don’t hold it, you don’t own it, and the guy who des is probably secretly working with law enforcement nazis against his own privacy policy.”
Homesteading Today
pancho
10/04/07, 11:28 AM
The way I was told, if you don’t hold it you don’t own it. Buying gold and letting some one else keep it for you is never a good idea. If there ever is a SHTF you will loose your gold.
Cara Community
October 15, 2007
Cara’s Commentary & Community Chat, Mon., Oct. 15, 2007, 6:23am ET
(...)
COMMENTS
“If you don’t hold it, you don’t own it!”
Posted by: MikeNYC at October 16, 2007 2:32 AM
Ron Paul Forums
Freedom
11-17-2007, 06:06 AM
I’ve been considering putting my money into gold and silver for a year or so now. Where do I start?
A great place to learn about gold & silver investing is: http://www.goldismoney.info (http://www.goldismoney.info)
Do I buy stuff that they actually ship to you?
I’ve heard it said, “If you don’t hold it, you don’t own it!”
Silver Investor Community Discussion Forum
goldminer
8th March 2008, 20:06
The words of a long-time GIM poster who left the forum last year are still frequently quoted and echo loudly in the ears of many metals holders:
“If you don’t hold it you don’t own it.”
Korean Job Discussion Forum
jim_we
Posted: Wed May 14, 2008 10:53 am
Plus, there is an old gold bug saying, “If you can’t hold it, you don’t own it.”
ITulip.com
mikedev10
02-02-09 01:26 PM
if you don’t hold it - you don’t own it
AUDIT AFTER GOLD DEALER’S SUICIDE SUGGESTS CUSTOMERS LOST MILLIONS
Some $60 million worth of gold, silver and platinum sold to thousands of individuals and then supposedly stored in Rocky Mountain vaults may never have existed, an investigation suggested yesterday…
Gold & Silver Forum
tekhen
02-25-2010
If you don’t hold it, you don’t own it…
Gold is Money
cpthnsolo
09-25-2010 12:22 PM
If you don’t hold it, you DON’T own it! 840lb jumbo emerald!
Wowzers what an unfortunate fiasco. I know many on the boards subscribe to the “if you don’t hold it you don’t own it” mantra, but this is one of the best examples I’ve seen demonstrating this simple truth.
Gold-Silver.us
agnut
14th November 2010 02:21 PM
If You Don’t Hold It, You Don’t Own It
Now where have I heard that before ?
Oh yeah; I heard it over 5 years ago after I had gotten to know Ponce. You see, Ponce and I talk on the phone almost daily
(...)
And last but not least, “If you don’t hold it, you don’t own it”. Lately more and more financial writers have been advising to sell paper investments and buy the physical gold and silver. With the recent revelations of the silver and gold ETF funds such as SLV and GLD not having the physical gold and silver they are supposed to, Ponce’s quote has become front and center to preservation of one’s wealth. And a corollary to that quote in view of potential future govt confiscation, “If you can’t hide it, you won’t own it”.
Silver Stackers
Auspm
2010-12-14 18:33:23
I repeat :
If you can’t hold it, you don’t own it.