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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (101390)2/16/2009 7:06:06 AM
From: TH  Respond to of 110194
 
SB,

I was aware of the Perth program, but that is depth of my knowledge on the topic. I read your link and it appears that you actually have the gold represented by a certificate. Still, I should not offer any opinion, for I have no real understanding of the audit/verification process.

It is probably sound, but my thinking is so very simple on this topic. You either have material made of 79 protons in your possession or you are trusting that someone else holds it on your behalf.

If it was the US Mint I would tell you to run away as fast as possible.

GT
TH



To: Skeeter Bug who wrote (101390)2/16/2009 12:54:44 PM
From: Elroy Jetson  Respond to of 110194
 
The Perth Mint is a private firm, like the Franklin Mint, which many claim is a ponzi scheme which does not have even a fraction of the gold required to back their obligations.
.



To: Skeeter Bug who wrote (101390)2/16/2009 1:36:18 PM
From: starhawke  Read Replies (1) | Respond to of 110194
 
Don't.


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