Real Tips About How To Avoid Gold Confiscation
Dont trust your gold or silver with anyone but yourself !
How to avoid gold confiscation. Coins that held collector’s value were also exempt from gold confiscation. It’s just not realistic for most people. With us, you can spread your risks by.
Plus, canada is close by. Labeled executive order 6102, president franklin roosevelt signed on a law on april 5, 1933 “forbidding the hoarding of gold coin, gold bullion,. Citizens to deliver on or before may 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates.
To avoid this, i’d recommend investors storing their metals in a safe foreign jurisdiction like switzerland or singapore. However, violators could be imprisoned for up to ten years. What about in other countries?
But that’s a drastic step. Gold can be confiscated by the government. Protect your hard assets, avoid gold confiscation, and diversify your investment portfolio.
It’s very easy to forget that a mere 50 years ago, the us dollar was fully backed by gold. If you’re interested in gold. But that’s a drastic step.
The best way to avoid the confiscation issue is to store your gold offshore and canada is a very “gold friendly” country, unlikely to confiscate gold. With your gold stored abroad, you may have some. Invest in gold jewelry and stocks,.