I agree, I don't trust it. To me, it takes everything that is wrong with the fractional banking system and throws it on the one asset that represents the opposite of that system: physical gold.

I have my doubts about the Perth Mint, similarly, despite Peter Schiff's endorsement. I think he just doesn't understand the level of collusion between the mints and governments. I think if you request delivery, yes, you'll get it after 3-4 months, but I don't think that means it's really there sitting for you all the time. Imagine what the price of gold would be if everyone in a pool account switched to a non-pool/Gold Money. We wouldn't be having this conversation about the divide between physical and paper.

Hysteria