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Physical PMs beat paper PMs - scammer sells PMs that never existed
4v50 [Team Member]
10/30/2011 11:04:54 AM
Scammer steals $30 million from individuals by selling them paper gold that his firm never had.
http://abcnews.go.com/Blotter/confessions-gold-scammer/story?id=14824124
Buy from reputable firms or your local dealer and take delivery instead.
OIF_Vet08-09 [Team Member]
10/30/2011 11:11:56 AM
Always take physical delivery. Buying a paper certificate that says you own X amount stored "securely" anywhere but in your safe is a fools game.
AssaultRifler [Team Member]
10/30/2011 11:21:13 AM
if you don't hold it you don't own it
