GOLD 0.51% $1,391.7 gold futures

even "allocated" gold may not be safe, page-6

  1. 83,839 Posts.
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    pug,

    "If you want to take the risk of taking possession of physical, storing physical and then selling it when the time comes:..........."

    if a store of physical is well hidden eg. buried and no one else knows about it, the risk is minimal, particularly if it was bought anonymously - imo the risk is about zero.

    Compare that to the whole lot being in someone else's safe (supposedly.

    As to selling ----------- easy, just don't take a huge amount at any one time. Find a couple of dealers you trust over at least a medium period -- trial it, keep your mouth shut and again ------ very low risk.

    What are the other options?

    Having it deposited with someone?

    Well, we have the runs on the board with that already eh? If they go broke - your assets are counted in with theirs.

    If you cash out successfully - the Europeans have shown the way ----------- confiscation of your cash.

    Now, come on, which carries the more risk?

    have a great arvo

    Pinto
 
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