How to buy gold with Barbara Goldsmith
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If you buy gold that was made before 1933 they cant confiscate-
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what happens when your gold is recalled? You make a fist and then extend your middle finger straight up and then bury the shit. ;-)
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Yes, 1933 it was confiscated. That is why I am trying to alert people here to possibilities. Might not happen this time.
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what happens when your gold is recalled..? didn't that happen in the 40's..?
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I was attracted to Sovereigns and now have a nice little collection. I know that they're not 100% gold, but I think 92.5% Is it better to have 20 sovereigns, or 4 krugerrands? Or doesn't it really matter.
Also, I have bought all my metals from ebay. I know that there is always a risk in doing this, but have attempted, as much as possible, to ensure that I am buying from a seller with a long and perfect reputation. So far, so good I think.. Subscribed to your vids, they're very good. Thank you.
CelticReject 2 years ago
There are arguments for both options: the sovereigns are more easily tradable as they are less expensive, also less likely to be confiscated if governments decide to confiscate gold when the price goes through the roof.
You cannot go wrong with Kruggerands - although I think you are in the UK and certain types of coin are subject to VAT and others are not - I am sure you have checked into that.
Good luck - it's going to keep on going up :)
MoneyTalksFinance 2 years ago
supposedly the G20 wants the IMF to sell 400 tons of gold on the world market to raise money for developing nations hit hard by the financial crisis. is this going to collapse gold prices?
mopme2008 2 years ago
It could cause a temporary correction, but in the longer run, all fiat currencies are in trouble, and there is still a limited amount of gold in the world. So ultimately, I would think that gold will go up in price as the uncertainty in global markets continues.
MoneyTalksFinance 2 years ago
What do you know about silver?
Zancett 2 years ago
It's certainly worth having some in your portfolio. It is even more volatile than gold. Hard to store large amounts as it is so heavy. But could be more tradable as it is so much cheaper. Hope this helps.
MoneyTalksFinance 2 years ago