Buying physical gold

[Jog On]

I'm looking to buy some physical to protect against a SHTF situation. Looking at bullionvault and using the Zurich vault. Anyone else buying/holding physical bullion got any better recommendations than bullionvault?

[JoJoGabor]

I have a bullionvault account, but I think the general concensus is to actually hold some physical gold (ie buried in your garden or somewhere else safe and accessible) The thinking is if the financial system went completely to pot, there is a good chance you wouldn't be able to get access to your gold from those vaults in switzerland. I'm going to get a handful of gold coins and put them somewhere safe along with my shotgun and gallon of petrol, just in case.

Have you not seen Mad Max?

[d000hg]

If you're keeping the physical stuff, is gold the best or would something with higher £/Kg be better so you can store it in as small a space as possible? Platinum or rhodium or something?

[Jog On]

I'm thinking more about protecting something against a potential government grab rather than total Mad Max. What I like about bulionvault is they have vaults in UK, US and Zurich so one can effectively move the money around by selling and buying physical and having it stored in different vaults..

That end of Britain report really did get me spooked!

[SupremeSpod]

I'm thinking more about protecting something against a potential government grab rather than total Mad Max. What I like about bulionvault is they have vaults in UK, US and Zurich so one can effectively move the money around by selling and buying physical and having it stored in different vaults..

That end of Britain report really did get me spooked!

Oh dear.

[thelurker]

I'm thinking more about protecting something against a potential government grab rather than total Mad Max. What I like about bulionvault is they have vaults in UK, US and Zurich so one can effectively move the money around by selling and buying physical and having it stored in different vaults..

That end of Britain report really did get me spooked!

That report is depressing stuff

[Robinho]

If you're keeping the physical stuff, is gold the best or would something with higher £/Kg be better so you can store it in as small a space as possible? Platinum or rhodium or something?

1 litre of gold is worth around 1,000,000 USD, space isn't going to be an issue.

Additionally, gold and silver sovereigns don't attract capital gains.

[Jog On]

That report is depressing stuff

Yes it is!

I'm only looking to invest about 10% a month for now. Planning on moving to the US in the next couple of years anyhow...

1 litre of gold is worth around 1,000,000 USD, space isn't going to be an issue.

Additionally, gold and silver sovereigns don't attract capital gains.

I was looking at those - think I'll go with them for now.

[SupremeSpod]

Yes it is!

I'm only looking to invest about 10% a month for now. Planning on moving to the US in the next couple of years anyhow...



I was looking at those - think I'll go with them for now.

"It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God." (Matthew 19:24)

Spod - in "d000hg" mode!

[d000hg]

hg not gh