"According to the CFTC complaint, the defendants claim to sell physical metals, ... to retail customers.
... customers allegedly make a down payment on certain quantities of physical metals, usually 25 percent of the total purchase price.
Defendants allegedly claim to arrange loans for the balance of the purchase price, and advise customers that their physical metals will be stored in a secure depository.
The complaint further alleges that these statements were false, and that the defendants do not purchase any physical metals"


gold is not rusting...