Please note that Paper Bullion Bank Bill floats and is valued at the London Gold fix for that day.
So, the issuer has no stake one way or another in what happens to the price of gold. Up is fine. Down is fine. Same is fine.
People buy my product because they want to have SOME BUYING POWER NO MATTER WHAT HAPPENS.
So up down, up down, up down — whatever.
You buy — you get the London Gold fix for that day.
You sell — you get the London Gold fix for that day.
We have no counsel or advice for you on when to buy or when to sell.
Up down up down up down —- you don’t like that?? Your problem is with reality and not with us.
We are not goldbugs.
We also sell bank bills in six other precious metals.
We also do money orders, and DNA tags.