Broken Promises: $200 million “missing” from brokerage firm PFGBest; founder attempts suicide

Investors cannot afford to put all their eggs in one basket–especially if that basket is dependent upon someone’s promise to repay.

We now have yet another example of an investment firm absconding with their clients’ hard-earned money.

This is one of the things that makes gold so valuable and important. When you own gold, you own something real, something that is not dependent on anyone’s promise to repay.

http://www.guardian.co.uk/business/2012/jul/10/pfgbest-founder-200m-accounts

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