NEVER buy gold or silver that is stored by someone else in some other location as that negates the whole object of owning precious metals. The point of gold and silver is that they cannot be owned or encumbered by someone else without your knowlege. At the looming point in time when ownership of gold and silver becomes a scramble and leveraged funds and government vaults are searched for real bullion or coins, there will be many disappointed and left with worthless paper promises. Do yourself a favour and read some of the great postings under the gold heading in Hotcopper to see whats really behind the ETF's and most bullion storage schemes of this financial world.
