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<p>[QUOTE=&quot;Morgan1878, post: 740864, member: 17869&quot;]Not necessarily, if you have invested in gold via a mutual fund, the assets are held in a trust account with a bank as custodian. Even if the custodian bank fails, the trust account is not part of the bank&#039;s assets. They are secured and separate.</p><p><br /></p><p>Also, SIPC coverage protects mutual fund investors in situations where an investment firm is insolvent. All major firms have this coverage, in fact most have bought private insurance to increase limits beyond SIPC limits of $500,000 in investments including up to $100,000 in cash. Note that SIPC coverage covers stocks &amp; bonds, but does <i><u>not</u></i> cover interests in gold, silver or other commodity futures contracts or commodity options.</p><p><a href="http://www.finra.org/Investors/ProtectYourself/AfterYouInvest/YourRightsUnderSIPCProtection/index.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.finra.org/Investors/ProtectYourself/AfterYouInvest/YourRightsUnderSIPCProtection/index.htm" rel="nofollow">http://www.finra.org/Investors/ProtectYourself/AfterYouInvest/YourRightsUnderSIPCProtection/index.htm</a>[/QUOTE]</p><p><br /></p>

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