Some doomsayers have been advocating gold. Actually, apart from...

Some doomsayers have been advocating gold. Actually, apart from small trading profits, one other reason to convert all your assets to gold is we really think the whole economic system may collapse and the printing money by The Reserve leads to hyperinflation.

There is only one problem with this strategy. Governments have been known to seize private possesions including gold. The most surprising for me is that it happened, not only in communist countries, but in the US in 1930s.

But wait, are Aussie gold investors safe? Recently, I was most surprised to find that our government has already written to allow for this in the Banking Law. Some excerpts can be found at:

http://ozstock.blogspot.com/2012/01/is-gold-safe-investment-for-australians.html