Hi Michiel,

On 2019-08-13 12:28:35, you wrote to me:

 WV>> I don't know how that is with regular banks where you can have a gold
 WV>> account, but that's not true for firms that specialise in precious
 WV>> metal accounts. They store and insure the gold that you are the owner
 WV>> of, and you pay them a fee to do so. When they go bankrupt it's still
 WV>> your gold and not part of the assets of that bank that needs to be
 WV>> devided between the creditors of that bank.

 MvdV> That may be what they say in the brochure, but a commmon saying among
 MvdV> lawyers is: "posession is 90% of ownership". So when when things go 
wrong
 MvdV> and push come to shove, it still remains to be seen how it will work 
out.
 MvdV> AFAIK, there is no precedent yet...

That's true. But with money in the bank you are sure to lose it...

 WV>> It isn't all about being faster than the other. It's about skill to
 WV>> use the weapons, and being able seem like a threat to the other, so
 WV>> they go find an easier target. That isn't all about age...

 MvdV> Not having any gold, diamonds, cowry shells or bars of latinum, will 
make
 MvdV> me a less atractive target. In my case, I believe that to be a better
 MvdV> survival strategy...

To be able to survive at all, you will at least need a more or less stable food 
supply. Which is valuable in those circumstances. And you will be the easier 
target. If you are lucky they will only tax you for a percentage, in return for 
your live and maybe protection... ;)

Bye, Wilfred.


--- FMail-lnx64 2.1.0.18-B20170815