Claude,
> > They do say that it is in "allocated" storage. What that means
> > probably depends on the terms of business of the vault used. Those of
> > The Perth Mint are probably typical.
>
> Yes... but it does not stop the firm to create a encumbrance on the
> gold. Allocated only means "reserved for". I think.
I believe that, for example for The Perth Mint, "allocated" means that
they have specific, unemcumbered items of bullion stored in the
customer's name. But perhaps E-Bullion itself could encumber the
title they have to that stored bullion.
CCS
---
You are currently subscribed to e-gold-list as: [email protected]
To unsubscribe send a blank email to [EMAIL PROTECTED]
