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Gold is Gold is Gold - What does fungible mean?

By Peter Dawe LLB (Hons) (London)

“A rose is a rose is a rose” is a famous saying by 19th century poet Gertrude Stein.  Of course no one really understands what it means! 

However the phrase comes into its own again when it is applied to PurePlay® Instruments.

The Incredible Utility of Nature’s Vault™

By Sarel Oberholster - BCom cum laude, CAIB(SA)

Gold miners extract gold bearing ore from the depths of the earth, digging as deep as 4 kilometres down[i], hoisting the ore chunks to the surface above, crushing the ore and melting it down into chunks of partially refined gold called a doré. These 25kg chunks of gold are then securely transferred to the nearest LBMA[ii] approved gold refinery where they are further refined to London Good Delivery Standard Bars weighing between 350 fine troy ounces and 430 fine troy ounces each.

The Vanishing Illusion of Insolvency Remote ETFs

by Peter Dawe LLB (Hons) (London)

Commodity Exchange Traded Funds are often described as "insolvency remote" or "bankruptcy remote". This is intended to give Investors a sense of comfort and indeed it does offer some protection to them.

However the protection is not as great as most Investors believe, and in this short paper I will go into the limitations of that claim.

Patents and Trade Marks

The Intellectual Property of PurePlay Holdings (Pty) Ltd is protected by world-wide pending Patents.

Trademarks awaiting registration are PurePlay™, Nature’s Vault™, As Good as Gold™ and Sp☼t True Value™.

Contact Details

5 Jan Smuts Avenue,Winston Park
Durban, 3610,South Africa

Tel: +27 31 7670156
Cell: +27 82 4515864
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