All countries have a “shelf-life” of sorts. Generally, they begin when an old, top-heavy government collapses from its own weight. The end of the old regime is characterized by civil unrest, revolution, secession, economic collapse or some combination of these conditions.
Our resident precious metals guru, SWP General Manager Mark Yaxley, answers the question “What should I look for when considering storing precious metals offshore?”
Recently, an eminent gold adviser whom I know and have a high regard for, stated that holders of precious metals would be well-served by keeping their metals in a remote location, saying, “distance equals security.” (He lives in the US and recommends storage in New Zealand, as it’s as far away from him as possible.)
Here we have a most interesting collection of signage. Some low-level civil servant who’s in charge of deciding what the motorist may do at this particular junction has become quite thorough in creating restrictions.
“How do I get it there?” is a question I’m often asked by clients who wish to move their gold or silver from their homes into a foreign country. Usually, their intention is to move it to an offshore depository for long-term storage.
One of gold’s biggest catalysts throughout history has been inflation. Debase your currency enough and gold responds almost automatically. And the bigger the inflation, the bigger gold’s response. Even the fear of inflation ignites the gold price, like we saw from 2009 to 2011.
By Jeff Thomas, Feature Writer for Doug Casey’s International Man and Strategic Wealth Preservation In 1903, the desperado in the image above appeared in an early film about a robbery. He was the classic guy in a black hat and, of course, he was eventually foiled by the guys in the white hats. That was…
Not surprisingly, as I’m called upon frequently to counsel investors seeking advice on their international diversification, one of the most oft-asked questions is why my principle country of residence, the Cayman Islands, is so uniquely advantageous.
Are They Really Out to Get Me? – Precious Metals International, Ltd.
An article by: Jeff Thomas.
Shipping Gold Into Other Countries: How Does It Work?
Article by: Mark Yaxley.