Gold Theft & Bank Heists (Bogleheads)

[dualstow]

For amusement only. I keep my gold in a safe deposit box and I don't worry about it.

Interesting pictures and links to articles in this Boglehead thread, "How to Invest in Gold".
Scroll down to "normaldude's" posts.

http://www.bogleheads.org/forum/viewtop ... &p=2398881

[MachineGhost]

Tulving closed up shop?  Can't say I'm surprised.  Doing business with a company that doesn't even have a shopping cart, order management, etc.. doesn't inspire confidence, trackability, etc..  It's amazing people will just wire hundreds of thousands of dollars sight unseen to such a company that has nothing but Internet word of mouth going for them.

I ordered a generic coin from Gainseville once, but they took three weeks just to ship the coin while gold declined and their prices weren't as low as I thought, in hindsight.  Worse, it came in a vinyl holder.  Never again.

Found this interesting:

Coin retailers are not required to be licensed in California. However, dealers who sell coins through contracts or offer to store those coins may be violating state law if they repeatedly delay deliveries past 28 calendar days from the full payment of funds, California law says.

The state of Minnesota takes it a step further.

It passed a law last year that would require bullion coin dealers to undergo criminal background checks and be registered with the state.

I'm surprised there's not even a basic requirement.  Fraud with precious metals have been endemic for decades.

I'm really laughing at this:     

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[dualstow]

Tried to do biz with Mr Tulving once, but I found him rather rude. I didn't get very far.

[Libertarian666]

I've had my doubts about Tulving for a long time, and a bit of research on the web even years ago would have shown up some people who claimed to have been ripped off by him.