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Old 10-08-2008, 08:46 AM  
XSV
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Join Date: Sep 2001
Location: Cybercave.
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Curious, are you taking physical delivery of this or holding in their system? Personally, I would be taking physical delivery and not have it stuck in this "secure system" where I didn't have quick access. I don't even like having it in local safety deposit boxes anymore.

From their site.

Secure
You, not GoldMoney, are the absolute owner of your gold and silver. GoldMoney stores it securely on your behalf.

Ownership: GoldMoney vs. "paper gold/silver"
Your metal is securely stored, insured and independently audited
When you purchase precious metals through GoldMoney, the gold and silver bullion is stored securely at the VIA MAT vaults in London, England and Zurich, Switzerland. VIA MAT International is part of Mat Securitas Express AG, of Switzerland, one of Europe's largest and oldest armoured transport and storage companies.
Your gold and silver are insured against theft from the vault through a policy underwritten at Lloyd's of London.
A Big Four accounting firm annually audits GoldMoney's operational procedures as well as the precious metal bar inventory at the vaults and metal circulating electronically in our system. These SAS 70 Type II reports are made available to GoldMoney customers upon request.
GoldMoney also provides quarterly audits of the metal held for its customers.
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