“Best way to establish a ‘go-to’ fund is by buying gold bars in the largest size you can afford and storing them in your name overseas. Here’s why this is the smartest play: 1) Overseas gold storage is not reportable as long as it is not tied to a foreign bank account. 2) Buying gold in the largest amount you can afford is more financially sound than buying it in smaller bars or buying fractional gold. 3) In the event that you need to sell your gold to access cash, large banks and precious- metals dealers are more likely to want to purchase large gold allotments rather than several smaller ones. This provides superior liquidity in times of need.”
http://sovereign-investor.com/2013/07/17/be-prepared-when-the-atms-go-dark/
Related posts:
The One Lesson to Learn Before a Market Crash
Welcome to Police-State America, Weary Traveler
Attempts To Eliminate Cash Are More Than A Privacy Disaster
Wait Long, Move Fast
Love It or Hate It, You’re Missing What Really Matters About Bitcoin
Who Are the Real Anarchists?
Uberocracy: How the Sharing Economy Changes Politics
Bill Bonner: Three Major Market Events That WILL Happen
David Galland: Welcome to the Company Store
Jimmy Carter: U.S. Has ‘A Cruel and Unusual Record’
America’s Gulag
Pippa Malmgren on Success
Bitcoin And The Two Things You Need To Know
Cowardice Redefined: The New Face of American Serial Killers
Will Grigg: The Death of a Slave-Catcher