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<p>[QUOTE=&quot;charley, post: 7879982, member: 5372&quot;]Interesting thoughts.</p><p><br /></p><p><br /></p><p><br /></p><p>The difference, to me, is that LOTUS is certifying the value at the time of inspection. The 3rd. or 4th Party is not doing so, i.e., they are not certifying, they are offering an opinion and making a market. The equality to LOTUS in your example would be the Dept. of Treasury, and the certifier would be the U.S. Mint. Both have a fiduciary duty, in my opinion.</p><p><br /></p><p>The TPGS and 4PG are rendering an opinion, no? The entities are not certified fiduciaries, nor are the entities under any obligation to guarantee the market value of their opinion.</p><p><br /></p><p>There is a sense of comfort offered, because the entities are recognized in the market as a legitimate source of expertise, and their opinion sets the market condition, up or down. But, it is not fiduciary certification, is it?</p><p><br /></p><p>&nbsp;What if the LOTUS certifier states it is worth less, now, and the market says baloney?[/QUOTE]</p><p><br /></p>

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