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Bullion Direct Files for Bankruptcy No Metal
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[quote:TheToolMan:MV8yOTE3MzY4XzUxNDUwMTI2XzQwN0JENENG] YEs, all the dealers are SOLD OUT of silver. If they can't sell, they can't stay in business... Silver-Tards, Lets Ride! :seal::seal::seal: [/quote]
Original Message
Bad News: Stored Metal Nonexistent
Two documents were filed today (Declaration of Dan Bensimon and Joint Stipulation Regarding Contents of Vault). There is a lot of information in these documents.
Most importantly, they show an inventory of the IDS vault that I calculate as having a value of roughly $633,000, compared to the estimated $20M+ of metal that Bullion Direct stored for customers
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