Great article, thank you. My husband and I own gold and silver and hold it as bullion in a vault in Australia. We are concerned that the govt’s of the west could requisition gold and silver, offer less than real market value, then revalue at a higher level to reduce their debt. Do you have any opinions on this? We are thinking of opening a bullion account in Singapore because it could be a much safer housing option. Would like to know your thoughts- thanks again.
Yes I do. I do not trust banks. I do not trust that governments won't do exactly what you said.
I also have an account in Singapore, probably at the place you are considering (SilverBullion), and they have been excellent.
Do I trust them 100%? No, but I trust them a lot more than I trust storing gold in a bank in my home country. I also like how you can borrow against your gold and silver in Singapore. So I have bought gold there, then borrowed against it to buy physical in my possession.
Yes, these are the people we have opened an account with in Singapore and feel the same way. I haven’t been able to talk my husband into going Full Shovel yet. He’s paranoid about someone seeing the hole being dug. We live in very strange times. Thanks for your reply.
G’Day Andy,
Thanks for the great articles..
The Timezone is not ideal for me to watch the webinar, but would it by chance be recorded like the last couple?
Cheers,
Nathan
That is my intention, yes
Thanks mate!
Great article, thank you. My husband and I own gold and silver and hold it as bullion in a vault in Australia. We are concerned that the govt’s of the west could requisition gold and silver, offer less than real market value, then revalue at a higher level to reduce their debt. Do you have any opinions on this? We are thinking of opening a bullion account in Singapore because it could be a much safer housing option. Would like to know your thoughts- thanks again.
Yes I do. I do not trust banks. I do not trust that governments won't do exactly what you said.
I also have an account in Singapore, probably at the place you are considering (SilverBullion), and they have been excellent.
Do I trust them 100%? No, but I trust them a lot more than I trust storing gold in a bank in my home country. I also like how you can borrow against your gold and silver in Singapore. So I have bought gold there, then borrowed against it to buy physical in my possession.
I use a shovel to store that :-)
Best wishes,
Andy
Yes, these are the people we have opened an account with in Singapore and feel the same way. I haven’t been able to talk my husband into going Full Shovel yet. He’s paranoid about someone seeing the hole being dug. We live in very strange times. Thanks for your reply.