Options
Canadian Bullion dealer now offering to pay you interest to store your silver and gold
tincup
Posts: 4,800 ✭✭✭✭✭
Hmmm.... who says that gold and silver does not pay dividends and interest? Canadian Bullion Services will pay YOU up to 4.5% per year if you allow them to store your bullion purchases for 3 years. Will also pay for a one year period but for a lesser percentage.
think you will get your bullion back after three years?? Think I will pass on this... probably a way to get bullion to allow big banks to cover their contracts.
BullionStorage
think you will get your bullion back after three years?? Think I will pass on this... probably a way to get bullion to allow big banks to cover their contracts.
BullionStorage
----- kj
1
Comments
Worry is the interest you pay on a debt you may not owe.
Are they really this stupid, or are they destroying the dollar on purpose?
TANSTAAFL!
So true! Especially when it comes to precious metals!
Worry is the interest you pay on a debt you may not owe.
Sounds like an obvious scam. Also, this is an IQ test.
Physical delivery people. I won't open any sort of precious metal deposit account. The history is too sour.
CN eBay
All of my collection is in a safe deposit box!
TANSTAAFL!
I still can't figure out what this means...
CN eBay
All of my collection is in a safe deposit box!
I knew it would happen.
TANSTAAFL!
I still can't figure out what this means...
"There ain't no such thing as a free lunch." I had to google it.
Worry is the interest you pay on a debt you may not owe.
I think I first saw TANSTAAFL in a book in the 70's. I don't remember if it was Heinlein or Larry Niven , I do remember there was no google to look it up on.
With regards to this interest bearing bullion ponzi , someone with a little free time and an internet connection could probably find out who owns the company or shell company whatever it is .
They only have to get a little to make it work out. Lease it for 2 years like the government does. Don't even have to run away before 3 years.
Wonder how they are doing today ? TANSTAAFL
Boston
MDCXXX
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
I do not know how they may be doing today...However, I can assure you, they are (or are not) doing with any of my PM's....No way would I send them my gold and silver - to them or anyone, unless I were selling. Cheers, RickO
Like ricko, I did not give them a try with any PM's. Always have been a firm believer in... if you aren't able to hold it, you don't own it.