01/06/2026
Thinking of paying for so called 'mint held' allocations of metal where you pay and a third party holds your purchase. Well, when the chips are down this is potentially the same nonsense you will have to deal with. Take note of the last sentence. Pieces of paper to assert ownership over physical items held amongst everyone else's means fek all............
The only way to guarantee and assert ownership of metal is to be physically in possession of it.
The receivers, Waterstone Insolvency, applied to the High Court at Tauranga for specific directions regarding the treatment and true ownership of the bullion inventory, 𝒂𝒔 𝒕𝒉𝒆𝒓𝒆 𝒂𝒓𝒆 𝒏𝒐 𝒊𝒅𝒆𝒏𝒕𝒊𝒇𝒚𝒊𝒏𝒈 𝒎𝒂𝒓𝒌𝒔 𝒐𝒏 𝒕𝒉𝒆 𝒑𝒉𝒚𝒔𝒊𝒄𝒂𝒍 𝒂𝒔𝒔𝒆𝒕𝒔 𝒕𝒐 𝒅𝒆𝒕𝒆𝒓𝒎𝒊𝒏𝒆 𝒘𝒉𝒊𝒄𝒉 𝒊𝒏𝒗𝒆𝒔𝒕𝒐𝒓𝒔 𝒐𝒘𝒏 𝒘𝒉𝒊𝒄𝒉 𝒃𝒂𝒓𝒔.