Kitco and pooled gold accounts
- Thread starter Scubaroo
- Start date
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I would make sure they are either registered with the appropriate agencies and hold all license that would be required to do that type of business or have a valid exemption.
I would start with http://www.nfa.futures.org/ as it looks like they might be doing some futures contracts.
And here is a list of some other places they may or may not need to be registered with. http://www.commodityworld.com/exchanges.htm
Good luck.
Chad
I would start with http://www.nfa.futures.org/ as it looks like they might be doing some futures contracts.
And here is a list of some other places they may or may not need to be registered with. http://www.commodityworld.com/exchanges.htm
Good luck.
Chad
OP
Scubaroo
Contributor
Kitco is a Canadian company, and has been in the precious metals business since 1977 - they're one of only six international approved agents for the Perth Mint (owned by the Western Australian government), so I have no doubts as to their legitimacy.
I do have questions though about whether their pool accounts are insured or assured in any way, and if anyone has trading experience using them - things like ease of use, anyone ever had problems redeeming, etc. Google didn't turn up anything nasty, but I would like to hear from anyone who might happen to be an account holder there.
I do have questions though about whether their pool accounts are insured or assured in any way, and if anyone has trading experience using them - things like ease of use, anyone ever had problems redeeming, etc. Google didn't turn up anything nasty, but I would like to hear from anyone who might happen to be an account holder there.
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