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To: Ditter

If I was planning on buying gold (which I am not) where should I keep it? Planted in my garden?


If you’re afraid of government confiscation, don’t put it in a bank safety deposit box.

If you’re afraid of fraud in the markets, don’t put it in a ETF (paper gold).

If you are afraid of well-informed home invaders, don’t put it in your gun safe.

If you are afraid of dying and not having your heirs receive it, don’t stash it in secret hiding places.

If you are afraid of societal collapse, don’t keep it with a trusted private custodian.

The answer is that you need to address your own fears, and strongly consider diversifying. Perhaps some in the gunsafe (enough to satisfy the invaders when they put a gun against your wife’s head), some stashes in secret spots in your house (there are books about this, and be sure a trusted person like the lawyer who has your will has a sealed envelope with the locations noted), some in your bank box, some with a trusted custodian.


21 posted on 02/01/2011 8:43:36 AM PST by Atlas Sneezed ("If you touch my junk, I'm gonna have you arrested.")
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To: Beelzebubba

That is some excellent advice.......... some of which I have already thought of myself!


23 posted on 02/01/2011 8:57:50 AM PST by Ditter
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To: Beelzebubba

“If I was planning on buying gold (which I am not) where should I keep it?”

I never worried about that until you brought it up. I own tons of that stuff, and I hid it really well. I knew that one day I might start forgettin’ stuff, so I drew up a map so I could find it again.

Well that day’s come and I can’t remember where I hid the gold. I’ve got my half of the map, but I hid the other half.

Do ya think Obama might let me borrow the President’s desk for a little while? It’s not like I want to steal it or anything. I don’t even need to remove it from the Oval Office. I just want to sit at it alone for about 15 minutes.

Maybe I could sneak in while he’s on vacation, or maybe sneak into one of those big parties he’s always throwin’.

Anyone up for a little raid on the White House for half?

;^D


25 posted on 02/01/2011 9:44:00 PM PST by RebelTex (Freedom!! It's not just another word.)
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