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Even if they have the actual gold, they have the actual gold. If they decide not to give it to you, there needs to be enough of a functioning court system to r
by dllthomas 6y ago
Even if they have the actual gold, they have the actual gold. If they decide not to give it to you, there needs to be enough of a functioning court system to remedy that; and even then it may take time - just because you have a legitimate claim to that gold doesn't mean a court can easily decide that you're the only one with a legitimate claim to that gold.
- willcipriano 6y agoEven with a functional court system you can lose it with the stroke of a pen[0]. Physical gold however would require more effort to take from you. [0]https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102
- dllthomas 6y agoThat's true, and it's a risk. I am unclear on whether it should be technically considered "counterparty risk", although it plays out similarly.