09

Aug

Buying and Storing Physical Gold Bullion

Posted by admin as Gold Bar

http://www.goldworld.com Gold World editor Greg McCoach discusses why it’s important to own physical gold bullion, coins and other metals and where to go about storing them.

Duration : 0:4:31


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It won’t happen …
It won’t happen again because today’s dollar is not backed by Gold as it was in 1933.

Your not listening! …
Your not listening! I offered no opinion about confiscating all personal property. In fact, I did not even say those words! Some how, you read something that is not there! I simply stated that Gold was confiscated in 1933 by FDR and I gave the reason. I only stated the history. I offered no opinion as to the value of the move. Frankly Axelobavaria, your reply’s appear as if you are unable to sort out who you are replying to.

AxelofBavaria says August 9th, 2009 at 4:18 am

LOL. So according …
LOL. So according to your logic, confiscating all private property except for the national currency will make a good and hard exchange course. The Rubel should have been harder than the dollar by these standards. FDR was a socialist jerk, so he might actually have believed that …

Take a deep breath …
Take a deep breath axelobaveria! I was not speculating as to the reason FDR confiscated gold in 1933 as I said. “Gold was confiscated in order to maintain or shore up the dollar”. That was the reason, no doubt about it! That is history not speculation. Do your home work on the subject and stop being such a jerk. It’s obvious you don’t know what your talking about..

AxelofBavaria says August 9th, 2009 at 4:18 am

Why “even ín the …
Why “even ín the 1930s” ? Where’s your logic ? Nobody possessed credit cards back then, and most people didn’t even have a bank account, so it was very difficult to track down gold owners back then. Today w/ CCs and electronic banking, this is an easy task! And yet they managed to track down 30% of the gold in the 1930s - guess what today’s figure would be like, and also figure in the increased power of the federal gov. - I guess it would be well above 75%.

AxelofBavaria says August 9th, 2009 at 4:18 am

We live in times of …
We live in times of an ever-expanding gov. - and the tax levels are almost confiscatory already. Obama recently stated that it was just fair to take away the wealth from the riches and resdistribute it into gov. welfare and bonus programs. See the signs on the horizon, dude. Same goes for Europe, incl. Switzerland. Socialism is well and alive. And modern technology and banking makes total control of the citizens easier than ever for the gov. Gold is a countermeasure there …

AxelofBavaria says August 9th, 2009 at 4:18 am

I.e. a gov. can …
I.e. a gov. can block and confiscate the bank account or credit card of a citizen at any time, within a minute. Then you’re screwed. They can’t as easily take away your gold or other precious items, however, if you’re just a little smart. Holding cash instead is no real alternative, since it’s subject to inflation or currency changes. Bank notes are also more delicate to store, they rot away or burn easily.

AxelofBavaria says August 9th, 2009 at 4:18 am

That’s a bogus …
That’s a bogus reason you presented there - you cannot shore up the dollar’s value by confiscating the property of US citizens, be it gold, silver, cars or real estate. Makes absolutely no sense at all from an economic perspective. The sole reason why a gov. would limit the possession of precious metals or stones or other items is to increase its CONTROL over its subjects. You can easily control bank accounts and credit cards, but you cannot control what people may have buried in their garden

Gold was …
Gold was confiscated in order to maintain or shore up the dollar value which, at that time, was backed by gold. Federal Reserve Notes are backed by nothing so, I see no reason for the fed to do that or at the very least, not for the original reason. What other reasons can you think of?

Watch “money as …
Watch “money as debt”! The patriot act is unamerican!

The statistic that …
The statistic that only about 30% of the US pirvately owned gold was confiscated……..Over time I have read many blurbs and reports about how much gold the Government actually got back. I have seen statistics of 30%, 35%……..and vague estimates of ” only a small amount”. Just google US GOLD CONFISCATION and you’ll find a range of statistics.

Where did you get …
Where did you get that statistic?

wont do agents …
wont do agents an army of robots, and its coming soon

i was just thinking …
i was just thinking tell them you used it to buy sex, spend a few days in the hole for prostitution and keep your gold

to axeloBavaria: …
to axeloBavaria: ahhhh a good point. This is a different world now…..easy to trace things.

AxelofBavaria says August 9th, 2009 at 4:18 am

Guess why ? Cause …
Guess why ? Cause it was not registered ! If it had been registered, or paid for by wire transfer or credit card, which equals registration, the authorities would have sent the police to people who previously had bought gold. Of course you could still tell them that you sold it - but they could pass a law against selling it without a sales document and the name of the buyer. Then the only option left would be alleging theft by unknown - which might get you to prison, false testimony under oath

to AxelofBavaria: …
to AxelofBavaria: even in the 1930s when the US government tried to confiscate gold under the threat of imprisonment…..only about 30% was turned in by citizens.

the questions to …
the questions to ask are >>> IS SouthernLibertyAmer COMPENSATED IN ANY WAY BY Monarch Precious Metals? Why are there no comments disagreeing with SouthernLibertyAmer? Could it be that SouthernLibertyAmer is a genius? Is SouthernLibertyAmer a paid shill? Is SouthernLibertyAmer unable to debate logically and censors open discussion?

Good pts - don’t …
Good pts - don’t buy gold certificates — they can turn out to be worthless paper.

If you decide to buy gold — take physical possession!

we got bigger guns …
we got bigger guns and balls now adays =0)

Don’t buy Jr. …
Don’t buy Jr. miners. Stick with the big boys.

AxelofBavaria says August 9th, 2009 at 4:18 am

So why not buy …
So why not buy multiple small amounts ? And when you go to your local coin dealer, you need not show any ID whatsoever.

You must show ID …
You must show ID when buying from the mint (except small amounts). So you are on record anyways

AxelofBavaria says August 9th, 2009 at 4:18 am

What ? You mean if …
What ? You mean if the gov. wants to confiscate your gold ? Better not to give them any clue in the first place: Buy your gold in cash ! Do not use a credit card, since the data of your purchase will be stored forever and maybe get into the hands of the gov. ! Use only cash to buy gold.

Just say you sold …
Just say you sold it for cash and lost it gambling!

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