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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (9199)3/21/2005 2:51:39 PM
From: goldsheet  Respond to of 18308
 
Lawyers seem to sneek extra words into everything.
Like most mutual funds, who can give you shares
in their holdings instead of cash redemptions.
Don't ever recall it happening, but it is in fine print.

Anyway, there are enough competitive options available
to keep all of us happy, although I still want to
buy a few million Iraqi dinar to stuff my mattress ;)



To: The Vet who wrote (9199)3/21/2005 3:08:19 PM
From: Claude Cormier  Read Replies (1) | Respond to of 18308
 
<I have had plenty of occasions where banks and brokerages have decided to delay a transaction for their own reasons.. It seems Goldmoney has the same trick up their sleeve as well!>

Not at all... I've been with them for four years now and can confirm that they are real smooth.

What you read is simply to prevent as much as possible a type of fraud that has been very common in gold currencies: ponzi schemes. That is in essence why they have the CAP-verified status and why they might ask for notarized copy of your papers if they suspect you are involved in something that reseemble a ponzi.