> If you are not going to store your gold,
> then why are you not holding your assets in Metal
> Savings
> or something else that does not cost you anything?
Every layer that is built upon the underlying asset, which, in this case, is
the physical gold stored in the Bank of Nova Scotia, creates another layer
of risk. Should Metal Savings experience some defaults from its debtors,
then the financial stability of any other financial institution holding
assets in Metal Savings could be impaired.
Craig
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