Quote:
Originally Posted by Vendot
How do you know you have $1000 in your bank account? You can see it on your statement on paper or via online banking. You cant physically see the money or hold it unless you withdraw it but you mostly just assume its there based on trust.
So essentially its a matter of understanding who it is that you're dealing with and making an assessment of whether or not you want to trust them. You also consider what claims they make about guarantees.
http://www.goldmoney.com/en/guarantee.html
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I don't think you really 'get' the point of wanting to buy solid gold...