TradeRewards, the problem I have with your analysis is that the company has stated they own gold mines. You stated that if they don't have mines that is not a problem since they can always buy gold. My issue is that if they don't have gold mines, then they lied about it. Not a good image for a company that prefers to show photos than to have an independent audit. If they lied about the mines (as in your scenario), then by what logic can you really state that they can always buy gold as backing. This just does not make any sense to me.
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