The gold storage sector has experienced rapid expansion and growth scams as the gold price has risen from ~$1,000/oz in 2016 to $5,000+ recently, requiring extreme caution in selecting custodians and understanding their storage practices and security models.
factualpending
Speaker
Alister MacleodEvidence Quote
“This is a business which has expanded quite recently quite you know quite um sharply as the gold price has gone up from what just over a thousand in in um 2016 to 5,000 recently. Um undoubtedly there you know you got a lot of crooks entering in in into this business [1:00:14]”
Created: 7/13/2026, 8:49:27 PM
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