Bank of Montreal warns against other banks in gold business

``The prospectus provides a few interesting and even amusing details... It cautions that the "official sector" is active in the gold market and can affect prices, an acknowledgment that will never make it into any reports by mainstream financial news organizations... And -- the amusing part -- the fund seeks to eliminate "derivatives risk (i.e., the use of unallocated gold, gold certificates, exchange-traded products, derivatives, financial instruments, or any product that represents encumbered gold)," as well as "'empty vault risk' or gold bullion lending risk (i.e., the practice of the gold custodian lending, pledging, hypothecating, re-hypothecating, or otherwise encumbering any of the investors' underlying gold bullion)."