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To: Claude Cormier who wrote (135987)	11/7/2008 8:15:54 PM
From: Proud Deplorable	Respond to of 313778

Goldmoney.....be careful Claude, it sounds like something that could go out of business. Best to take delivery of physical otherwise you are only investing in paper in my opinion. "Secure — Hold physical gold & silver that is fully insured and stored securely for you in specialised bullion vaults in London and Zurich. Metal is owned directly by you: no counterparty risk!" That's what they ALL say. Prove it. As long as it isn't in your hands it doesn't belong to you. Something could happen and likely will. I don't take chances on fancy schemes by gold analysts who have been wrong on almost everything for the last year or more. Isn't he one of the hypers at the gold shows that said for years that gold was going to skyrocket? Does anyone here remember any of his targets for the POG? The site claims: "Buy online, anytime, day or night. You always have 24/7 online access to your account at GoldMoney." Rubbish, even TD Waterhouse crashed the day after Thankgsiving trapping people in the middle of unconfirmed trades not knowing if they were filled or not meanwhile stocks soared then tanked later. What a mess! Big mistake to trust the internet of there is a crisis. Also..."Adjust your gold and silver holdings by directly exchanging one metal for the other." but they promise: "Title to the gold and silver bars in allocated storage at the vaults at all times vests only in the various GoldMoney users." This is extremely difficult to do if the metal is in allocated state so maybe the truth is that it is in unallocated form or.....hmmmmmm PAPER. Do you have the actual serial numbers of your gold or is it just paper promises? Do they change the serial numbers and send you a new statement if you change from one metal to another? Is there a commission for doing so? The Perth Mint gives statements of allocated metals by providing the actual weight and serial number of the bar. But taking delivery is a VERY expensive process. Which one is yours? AND how do you get it if the Bank of England confiscates gold? ? ?? ?????

To: Claude Cormier who wrote (135987)	11/8/2008 11:37:32 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 313778

"Be careful, those who have certificates from COMEX, don’t deliver your contracts for paper futures contracts no matter how attractive the spreads become. Don’t give real silver for paper obligations. It is not sure if your paper contract will be worth more than the paper it is printed on. Learn that one bird in the hand is worth more than ten birds on the tree. It is better to have 1000 oz in your hand than 10,000 oz in paper futures contracts." Message 25157815