A while ago I was looking into buying gold coins as an investment and I saw an advert for a company that I liked the look of until I read the small print, I buy the gold and it becomes mine but I`m not able to physically possess it,I have to leave it in their vault for them to look after for me,yeah OK, what`s the point of buying it if I can`t actually hold it in my hand? not to mention that if I cannot physically possess it how I do I even know it actually exists? That I`m not just one of 500 suckers who all think they own the same piece of gold? in the same way banks have billions of pounds in their accounts but don't have the actual cash to pay back all their depositors what they`ve put into the bank.
3 comments:
SELL every last one of those, dummy. Buy land.
Agree with NJT!!!
A while ago I was looking into buying gold coins as an investment and I saw an advert for a company that I liked the look of until I read the small print, I buy the gold and it becomes mine but I`m not able to physically possess it,I have to leave it in their vault for them to look after for me,yeah OK, what`s the point of buying it if I can`t actually hold it in my hand? not to mention that if I cannot physically possess it how I do I even know it actually exists?
That I`m not just one of 500 suckers who all think they own the same piece of gold? in the same way banks have billions of pounds in their accounts but don't have the actual cash to pay back all their depositors what they`ve put into the bank.
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