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RE: Goldmoney vs. California Gold scratcher lottery ticket
Really liked your humor with the instant loss. Questions:
If your gold is stored in vaults around the world, what's the benefit of that versus all nearest you locally?
Can you go to these vaults and pick up your gold? I read that you can have it shipped, but you only qualify if it's a really large amount.
Have you ever been to a vault to see that it's truly a 1:1 gold to ownership ratio?
Thank you for your time.
Thank you for your great questions! Regarding the vault question.... its a personal preference really. Some people like to have their precious metals holding in different jurisdictions around the world because they feel it mitigates risk. To be honest I dont think it matters, all the vaults are insured....... There are ways to redeem your metal but most people dont use Goldmoney in that way. I have seen many people redeem some metal as a way of a personal audit when first starting as a client, that has been a fairly common practice...... I do not personally audit the vaults but I am in regular contact with people that do. You can actually see some of the bullion here: https://instagram.com/p/BV2Ujn4lrjk/