Thanks E for a great answer.

So let me see if I have this right.

The certificate we hold is for physical gold in a bank vault and it is for sale to the highest bidder if you will.

As of today spot (central bank manipulated paper) price is around US$840.00/oz and physical (if you can find it) is selling for a little under US$40.00/gram (lets say US$1150/oz) as a processed product e.g. Kitco wafers).

That is over a 30% premium - count em 30% - on the figures normally quoted in back of the envelope calculations, how much of this $300 or so can we assume is ours?

Also if the value of the real stuff is going to continue to climb (as I believe it has to seeing as there is NONE on the open market) should we sit tight on the certificates for now?

Think positive, act with caution and dont look back.

Savvy Tyke