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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (7972)3/15/2006 5:46:24 AM
From: grusum  Read Replies (1) of 78421
 
Claude could probably explain better but, buying from silver from 'goldmoney' should have exactly the same effect as you taking possession of the physical silver. goldmoney as i understand it simply stores the money for you.

i trust them to hold my silver or gold for me, but i don't trust that my account will not get broken into. i think that goldmoney is on the up and up, but i fear the possible security flaws. when or if that fear is eliminated, i'd use goldmoney.

anyway, using goldmoney to buy silver is exactly like taking possession of it. they can't mingle one customer's metal with another's. it's just the same as you putting your silver in a safe deposit box.
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