jbeck57143
14th August 2011, 04:32 PM
Have there been any updates on Kitco? They were in creditor protection until July 27.
No one on the Kitco forums seems worried about their pool accounts. People haven't had any trouble getting their metals, or money. (I have no idea if there are people who have had trouble, but their comments were censored)
someone posted here http://www.goldismoney2.com/showthre...for-bankruptcy
that:
"I think that the owners of the accounts will be made whole. The relationship with the Royal Canadian Mint will make it too ugly PR wise if they did not.
Regardless if Kitco survives or not, physical in your hand always wins."
No one on the Kitco forums seems worried about their pool accounts. People haven't had any trouble getting their metals, or money. (I have no idea if there are people who have had trouble, but their comments were censored)
someone posted here http://www.goldismoney2.com/showthre...for-bankruptcy
that:
"I think that the owners of the accounts will be made whole. The relationship with the Royal Canadian Mint will make it too ugly PR wise if they did not.
Regardless if Kitco survives or not, physical in your hand always wins."