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<p>[QUOTE="physics-fan3.14, post: 3244496, member: 19165"]When you buy gold or silver, do you always take physical possession? Or do you participate in a pool? Or do you allow the company you buy from to store the metals for you? </p><p><br /></p><p>The reason I ask is because I was just reading a very alarming article on CoinWeek: <a href="https://coinweek.com/bullion-report/cftc-state-of-utah-charge-precious-metals-dealer-in-170-million-precious-metals-ponzi-scheme/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coinweek.com/bullion-report/cftc-state-of-utah-charge-precious-metals-dealer-in-170-million-precious-metals-ponzi-scheme/" rel="nofollow">https://coinweek.com/bullion-report/cftc-state-of-utah-charge-precious-metals-dealer-in-170-million-precious-metals-ponzi-scheme/</a></p><p><br /></p><p>It seems like there have been quite a few precious metals companies over the past couple decades accused of fraud. Is this a rampant problem? </p><p><br /></p><p>And, I guess to wrap this up in a bow, how do you prevent yourself from being defrauded?[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 3244496, member: 19165"]When you buy gold or silver, do you always take physical possession? Or do you participate in a pool? Or do you allow the company you buy from to store the metals for you? The reason I ask is because I was just reading a very alarming article on CoinWeek: [url]https://coinweek.com/bullion-report/cftc-state-of-utah-charge-precious-metals-dealer-in-170-million-precious-metals-ponzi-scheme/[/url] It seems like there have been quite a few precious metals companies over the past couple decades accused of fraud. Is this a rampant problem? And, I guess to wrap this up in a bow, how do you prevent yourself from being defrauded?[/QUOTE]
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