BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-613

  1. 1,555 Posts.
    lightbulb Created with Sketch. 33
    A little caution in my mind here,
    if such government shenanigans are a threat, I'm not sure holding shares in a foreign gold miner is "all gold"

    Such calamity could quite easily have governments nationalise their gold mines.
    i.e. increased Sovereign risk - "national security"

    at the same time, I think I once read that the majority of physical gold holdings at Perth are for non nationals - from memory there's a law that allows the Australian government to confiscate gold from it's citizens? Switzerland become famous for a reason

    No different really to the Japanese example above, or when the Cyprus bank turned anyone with $100K+ into a shareholder overnight by taking half their savings...

    Those that make the rules.....

    Boy this could get complicated quickly..
    Last edited by 383hq: 30/04/16
 
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