buying gold online in your smsf, page-15

Hi John,

I very clearly understand the advantages of physical gold.

What one is doing by placing physical in super throws away a lot of that advantage.

It is crystal clear - you cannot trust the regulators. You cannot trust governments.

IMO it is a far far safer option to hold physical pm 'outside' super - preferable with untraceable purchases and DEFINITELY held in secret locations.

You still run the risk of confiscation attempts, but the risks of confiscation of all forms judging by history are low.

However judging by recent history, all and any asset 'seizure' is a clear risk if it is not in your personal possession, ie. where your govt. can get its dirty mitts on it.

The only security against that is privacy - and that you definitely do NOT get in an Aussie smsf.

Have a great day

Pinto