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sneaker · 03-04-2003, 06:36 PM

On a side note I believe you can request a withdrawl from them and they actually send you the metal.

But your right there is a risk involved just like banks however it is nice to see FDIC insured on a bank. But my one question I can't seem to answer myself is what type of insurance could they carry? If they have every ounce of gold or gold certificates for each account how can your account go "zap/poof" only the market value of the metal could do that which is a risk you take for any investment. Guess the best way to find out if they are on the up and up is check out the 3rd party escrow agent they appointed.

http://www.e-gold.com/contracts/egold-bbsc.3.htm

I am not promoting them but I do have an account and feel rather safe, actually more safe then with paypal.

03-04-2003, 06:36 PM
sneaker So Fucking Banned Join Date: Dec 2002 Posts: 251	On a side note I believe you can request a withdrawl from them and they actually send you the metal. But your right there is a risk involved just like banks however it is nice to see FDIC insured on a bank. But my one question I can't seem to answer myself is what type of insurance could they carry? If they have every ounce of gold or gold certificates for each account how can your account go "zap/poof" only the market value of the metal could do that which is a risk you take for any investment. Guess the best way to find out if they are on the up and up is check out the 3rd party escrow agent they appointed. http://www.e-gold.com/contracts/egold-bbsc.3.htm I am not promoting them but I do have an account and feel rather safe, actually more safe then with paypal.