where can i buy real gold? , page-5

  1. 496 Posts.
    You can buy gold at the Perth mint and they will hold it for you...but then if the govt decided to confiscate it (anything's possible with Rudd and his cronies)you would be up the well known creek without a paddle because the Perth mint is a govt organization....

    This is also a dodgy process because they sell more gold than they keep on hold...working on the basis that not everyone will come in and demand their gold all at the same time....but if things get bad that's exactly what happens.....


    Alternatively, you could put it in a safety deposit box for a cost of around $95/year.....thats a moderate sized box but it could easily hold 10oz......mind you i wouldnt trust the banks if a confiscation law on gold came into effect...

    failing that you could bury it in your backyard or hide it somewhere

    I favour the last option...


    Gold was only confiscated in the US

 
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