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<p>[QUOTE=&quot;desertgem, post: 1998627, member: 15199&quot;]&quot;The PM&#039;s are the only MONEY with no counterparty risk.&quot;</p><p><br /></p><p>They are not valued as money except the USD$ value stamped on US Bullion where 1 oz silver is $1.00. Yes, that value of $1.00 could have a counterparty risk as it is promised 1 USD if delivered. Bullion not valued in a currency has no counterparty risk simply because there is no counter party guarantee of exchange value. The issuer is under no contractual responsibility to make good on it in any currency or value as it has none tied by contract to them. Why would having bullion with no counterparty risk being a good thing? It has no relationship.&nbsp; Yes, it is a popular slogan on many websites but that doesn&#039;t make it factual.</p><p><br /></p><p><a href="http://financial-dictionary.thefreedictionary.com/Counterparty+Risk" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://financial-dictionary.thefreedictionary.com/Counterparty+Risk" rel="nofollow">http://financial-dictionary.thefreedictionary.com/Counterparty Risk</a>[/QUOTE]</p><p><br /></p>

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