http://www.europacbank.com/index.php?page=silvercard If you don't mind someone else holding your stack! Maybe not for me B.
huuuummmmmmmm the site looks like a scam. This is the information age, why cant people just publish all the info we need on their site rather than asking for contact details so they can mail it to you. Its just like that Genuine Rolex i bought of a guy on the beach in Thailand for $15 - he said he would mail me the warranty later.
OOOOOOOOOOOOOOLD news.. been available for over a year.. the whole idea is your saving GOLD instead of fiat.. but YES youll be selling gold for fiat if you choose to use tge card to PURCHASE.. Its a great idea.. 1for1
lol - yeh - i wonder if that still means the gubmint gets to shave off "their share" of your bullion every time you liquidate some to purchase something else?
My Apologies Sir, in my haste responding i didnt read SILVER... that ill shut me up for a while! 1for1
A bit off topic, not so long ago one of the bank in Indonesia paid the interests with gold bars instead of fiat for your term deposits. Not sure if they still run that, but wish they have that kind of scheme here.. :|
So if you open an account and load it with fiat...Thus you've bought gold/silver. Does the account worth then increase or decrease with the daily spot rates?
Yep, looks like cash in..converts to metals, which then converts to spending power via a card.. http://www.dgcmagazine.com/peter-schiffs-euro-pac-bank-introduces-a-silver-backed-debit-card/