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Goldmoney.com Insurance Loophole?

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Looking at http://goldmoney.com/documents/storage-insurance.pdf I noticed that:

1. That insurance document apparently expires in about 2 weeks

2. It's got a limit of $200m.

(Their home page says they've already got "over $129m in circulation", so if the dollar crashed 50%, the insurance would no longer cover it all. An unlikely scenario, yes, but impossible..?)

Any thoughts?

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Guest boredwaiting

Looking at http://goldmoney.com/documents/storage-insurance.pdf I noticed that:

1. That insurance document apparently expires in about 2 weeks

2. It's got a limit of $200m.

(Their home page says they've already got "over $129m in circulation", so if the dollar crashed 50%, the insurance would no longer cover it all. An unlikely scenario, yes, but impossible..?)

Any thoughts?

I think that would be a nice problem to have....

We have bigger ones than that....

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Looking at http://goldmoney.com/documents/storage-insurance.pdf I noticed that:

1. That insurance document apparently expires in about 2 weeks

2. It's got a limit of $200m.

(Their home page says they've already got "over $129m in circulation", so if the dollar crashed 50%, the insurance would no longer cover it all. An unlikely scenario, yes, but impossible..?)

Any thoughts?

:lol:

Perhaps they should have a type of contents insurance, new for old, rather than a Dollar price.

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  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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