ASIC & the Case of Missing Gold

Wow! Any word on the street as to who it is?
“If you don’t hold it, you don’t own it!”
 
There are only a small number of companies that offer this service. They could have owned the gold through futures contracts at a lower cost than holding physical gold but the cost of bringing the gold in before AISC arrived would have cost a lot and disrupted their business model. These companies work on low margins. I'd be pulling all my money out of any company that offers these schemes immediately. There is a good chance one or more could go under. And if there is a ''bank run" you would want to be the first to get your money out.
 
I don’t know the company name but there is no risk to yourself or the forum if you name them.The name should be out there so people can act accordingly. To explain - there is no offence in telling the truth or repeating a fact. Truth is a defence in defamation. There is no court order that the company name is not disclosed so it’s not contempt. Plus you can’t defame a company that has more than 25 employees which is not relevant when the statement is true anyway.

Plus, the big players already know the name. People were supposedly having trouble getting their money out earlier.
 
Also worth remembering that you can also “believe” something!

Edit to add If any member believes they know any more details please feel free to PM cheers $
 
John Adams says "withdraw your Bullion from secure safes":
"Interesting developments from Senate Estimates. With ASIC confirming an "Individual" has provided extensive reports, including a referral to the NACC on the 31st of May. ASIC has spent over 650 hours on The reports and met extensively with the "Individual" The reports submitted by the individual specifically mention falsification of records of Bullion (Presumably Gold) held by an investment entity. Senator Roberts indicated A further whistleblower has indicated they helped the entity to dodge the audit completed by ASIC which presumably has found no records of wrong doing (On-going investigation).

Based on this, if you currently invest in Gold, Platinum or Silver Bullion, to withdraw the Bullion from secure safes and hold it within your possession. Obviously, due to defamation laws the "Individual" can not be named, and the "entity" being investigated will also not be named".
https://t.me/AdamsEconomics/2026
 
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