Gold Buyers Are “Having Difficulty Getting Their Gold and Their Cash” — Jim Willie

• GoldCore Published on Jul 3, 2019
  Avoid Online Gold and Own Fully Segregated Gold Coins and Bars – Jim Willie Interview Part 2
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  – Some gold buyers and investors in online gold platforms are “having difficulty getting their gold … and their cash”
  – “Hearing more and more unfortunate stories and I will not mention names” – Jim Willie
  – Physical gold and silver are safe havens but only if you own coins and bars in the safest of ways
  – Do not hold gold in a pool allocated format via a website that you cannot take delivery of, move easily or liquidate at competitive prices and receive funds quickly
  – People think they own a gold bar but what they own is a small part of a very large bar with thousands of other investors and they can only sell their gold via the one website. It is also makes it cumbersome, timely and costly to convert to smaller bars in order to be able to take delivery
  – There is massive and concentrated counter party risk and a “single point of failure” in having exposure to gold via a single online gold platform, a single ETF, a single combination dealer vault provider
  – Test your golden exits and take delivery, transfer or sell some of your gold and silver

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