Serious problem at Elemetal

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  • VanHalen
    VanHalen Posts: 4,330 ✭✭✭✭✭
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    @derryb said:
    And if the people who "document the system and maintain the records" used in an independent audit are actually employees of who is being audited just how "independent" (and reliable) is that audit? I spent many years as a DoD nuclear quality control specialist/auditor and am very familiar with how easily accuracy can be lost when independence is compromised. Such is the case in most financial auditing as was well demonstrated in the last major financial crisis.

    That sentence describes an internal audit which are usually worth less than the paper (electronic media?) they're written on.

    Hiring consultants from your 3rd party registrar is a major conflict of interest. That happens all too often. Money talks.

  • tyler267
    tyler267 Posts: 1,335 ✭✭✭✭
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    Anything new on this situation

  • tincup
    tincup Posts: 5,481 ✭✭✭✭✭
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    @AboutAg said:

    @bronco2078 said:
    we need a master thread of all the shady companies , bankruptcies and ebay sellers to avoid . Anyone want to volunteer to start that? :*

    I've started that at http://about.ag/GoldSilverFraud.htm (although not including shady companies and eBay sellers).

    Great site... some interesting reading!

    ----- kj
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    I've placed several orders with Provident since the story about Elemetal came out. As far as I can tell, business as usual---occasional decent sales with prompt shipment on all orders that I've placed. It appears, they have added new producers for their exclusive products, to take up the slack that Elemetal created.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    @TwoSides2aCoin said:
    The division selling silver is called Dorado, now. A couple of the traders took the reigns and are running with it. I ordered a few hundred more ounces but with this price drop... well, I think I will start pedaling some other crap. Like cell phones or something.

    Generally, bicycles pedal easier than cell phones tho Tim Cook would say that it's easier to peddle cell phones than it is to peddle bicycles.

    theknowitalltroll;
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    Homonyms. Thanks Bajj. :blush: You're a better peddler than me. LOL

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    @TwoSides2aCoin said:
    Homonyms. Thanks Bajj. :blush: You're a better peddler than me. LOL

    And you're a refreshing rose petal among a bunch a thorns!

    theknowitalltroll;
  • bronco2078
    bronco2078 Posts: 10,438 ✭✭✭✭✭
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    get a room

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    @bronco2078 said:
    get a room

    Just trying to find a nice way to use the 3rd homonym. Maybe I should give you a medal for trying to test my mettle over metals? ;)

    Joe is a good guy.

    theknowitalltroll;
  • bronco2078
    bronco2078 Posts: 10,438 ✭✭✭✭✭
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    @BAJJERFAN said:

    @bronco2078 said:
    get a room

    Just trying to find a nice way to use the 3rd homonym. Maybe I should give you a medal for trying to test my mettle over metals? ;)

    Joe is a good guy.

    one of these other jokers would have made the same joke I just got to it first B)

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    @bronco2078 said:

    @BAJJERFAN said:

    @bronco2078 said:
    get a room

    Just trying to find a nice way to use the 3rd homonym. Maybe I should give you a medal for trying to test my mettle over metals? ;)

    Joe is a good guy.

    one of these other jokers would have made the same joke I just got to it first B)

    No doubt. ;)

    theknowitalltroll;

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