Yes we do and I am trying but…I talk all the time to friends and family about what is happening and they seem to understand but they just won’t take action. My hope is that I have at least planted the seed so they will understand as it happens and before it’s too late
I'm terrible at predicting the markets. I do think I have discovered 1 piece of information. When I looked at investments, all were up and down e.g. crude, metals, crypto, etc. Except 2, which generally appreciated in value: The Stock Market and Real Estate. And I asked myself, "Is there a common denominator with these two asset classes?" I realized there was and this is the piece of information I think I can contribute: the Government benefits from the rise and eventual sale of the asset. The stocks through Capital Gains Taxes and Real Estate through Property Taxes. Is there a "bid-rigging" scheme afoot where propulsion of these asset classes is inexorably tied to the benefit it provides the Government?
Low chance of being caught or you declare it at Customs- one other thought is to convert it into BTC then repurchase it back when your where you want to be. Nobody wants there gold to find its way across borders of the nation.
Can you trust, for example, Sprott bullion fund, which says they hold every ounce of gold 99% to cover every share. Then there are the miner-Royalties like Wheaton and Franco Nevada. It would be hard for me to buy gold bars and silver bars in the amounts required and when I want to buy a house not be able to have easy access to them because first, the bank wouldn't accept it, and two, it would have to be assayed before I could buy anything with the metals. Can you clarify my confusion for me?
To me, it seems that with all investments, there is no perfect gold investment solution. Each solution (physical, ETF, miners) comes with its own pros and cons. Let's start with physical. In the abstract, it is the best, but it has two risks (storage & government confiscation similar to 1933 - Executive Order 6102). As far as paper gold (ETFs) is concerned, the Sprott ETFs PHYS and PSLV seem best from a collateral perspective compared to other ETFs, but it has, like any ETF, its own risk (is it actually there, government confiscation). And then there are the miners. They require a lot more homework, but like all stock investments, they come with their own risk if you hold them through a broker (beneficial ownership) vs. owning them outright (Computershare - direct registration). And of course, gold mines can be confiscated too. For investments, I like the quote "there are no certainties, only probabilities." If you assume end times, then of course, it means self-sufficient homestead and physical gold buried somewhere on your property. To me, that means: physical gold, Sprott gold/silver ETFs, and gold miners among my investments. But to each their own.
I have the same concern, but the author did not seem to understand your question? So, you are asking, "how easy is it to visit my local branch bank and trade in my gold bars that I saved so dearly over the years". What's the bank's cut in the sale and do they have the right to refuse?
Mining stocks (the productive ones) should retain their value. However, with input costs going off the charts, the gold would sit in the ground.
Well, I can only say that if gold rises to 20,000 an ounce we've got bigger problems to worry about. And, gold mines would be nationalized in most countries at that point, too.
You mention at the beginning of your note that every physical silver ounce stored at COMEX/LBA has been sold 1000x, meaning that there is a massive naked short position not covered in the OI statistics out there. How do you come to these numbers and what about global storage? Thx J
I still can't understand what a reputable dealer is. There's dozens online like Kitco, Bullion Max, Goldco, etc, that claim they're the top shelf honest guys. How do you know? Can you help with this issue?
For specific questions about our gold products, please contact us directly: https://vongreyerz.gold/contact?utm_source=substack-comments
This post should be sent to everyone you care about.
But a conversation afterward still may not be enough for those who are still not awake as to what is transpiring.
But it is important for us to give it our best effort.
I wish you well.
Yes we do and I am trying but…I talk all the time to friends and family about what is happening and they seem to understand but they just won’t take action. My hope is that I have at least planted the seed so they will understand as it happens and before it’s too late
You're not alone
Good job, you can share but they have dominion over their decision- but you have a clear conscience.
I wish you well.
Thank you Egon. I always enjoy your insightful articles and videos
I'm terrible at predicting the markets. I do think I have discovered 1 piece of information. When I looked at investments, all were up and down e.g. crude, metals, crypto, etc. Except 2, which generally appreciated in value: The Stock Market and Real Estate. And I asked myself, "Is there a common denominator with these two asset classes?" I realized there was and this is the piece of information I think I can contribute: the Government benefits from the rise and eventual sale of the asset. The stocks through Capital Gains Taxes and Real Estate through Property Taxes. Is there a "bid-rigging" scheme afoot where propulsion of these asset classes is inexorably tied to the benefit it provides the Government?
And how does one cross borders with a few hundred pounds of gold and silver, which likely will be confiscated by customs
Low chance of being caught or you declare it at Customs- one other thought is to convert it into BTC then repurchase it back when your where you want to be. Nobody wants there gold to find its way across borders of the nation.
Easy. You find a trustworthy reputable person / company to deal with and move your stash now to a safe location. Or do a swap arrangement with them.
In a row boat
That's not helpful, is it?
Can you trust, for example, Sprott bullion fund, which says they hold every ounce of gold 99% to cover every share. Then there are the miner-Royalties like Wheaton and Franco Nevada. It would be hard for me to buy gold bars and silver bars in the amounts required and when I want to buy a house not be able to have easy access to them because first, the bank wouldn't accept it, and two, it would have to be assayed before I could buy anything with the metals. Can you clarify my confusion for me?
https://vongreyerz.substack.com/p/q-and-a
To me, it seems that with all investments, there is no perfect gold investment solution. Each solution (physical, ETF, miners) comes with its own pros and cons. Let's start with physical. In the abstract, it is the best, but it has two risks (storage & government confiscation similar to 1933 - Executive Order 6102). As far as paper gold (ETFs) is concerned, the Sprott ETFs PHYS and PSLV seem best from a collateral perspective compared to other ETFs, but it has, like any ETF, its own risk (is it actually there, government confiscation). And then there are the miners. They require a lot more homework, but like all stock investments, they come with their own risk if you hold them through a broker (beneficial ownership) vs. owning them outright (Computershare - direct registration). And of course, gold mines can be confiscated too. For investments, I like the quote "there are no certainties, only probabilities." If you assume end times, then of course, it means self-sufficient homestead and physical gold buried somewhere on your property. To me, that means: physical gold, Sprott gold/silver ETFs, and gold miners among my investments. But to each their own.
https://vongreyerz.substack.com/p/q-and-a
I have the same concern, but the author did not seem to understand your question? So, you are asking, "how easy is it to visit my local branch bank and trade in my gold bars that I saved so dearly over the years". What's the bank's cut in the sale and do they have the right to refuse?
Mining stocks (the productive ones) should retain their value. However, with input costs going off the charts, the gold would sit in the ground.
https://vongreyerz.substack.com/p/q-and-a
DON’T HOLD GOLD IN A BANK
https://substack.com/@vongreyerz/note/c-100669353?utm_source=notes-share-action&r=55vj5y
Not so easy: https://kingworldnews.com/swiss-bank-refuses-give-client-physical-gold/
Where is a buyer supposed to buy gold bars and have a guarantee they're real gold? JP Morgan got screwed before
https://vongreyerz.substack.com/p/q-and-a
Well, if the price of gold rises to say 20,000 an ounce, would that not cover the costs of extraction?
Well, I can only say that if gold rises to 20,000 an ounce we've got bigger problems to worry about. And, gold mines would be nationalized in most countries at that point, too.
makes sense. I would think that any stocks are just paper too, plus what you said about the inability to extract the metals due to soaring costs?
No, cant, see here: https://vongreyerz.substack.com/p/gold-storage-in-banks-think-again
What's a "reputable dealer"? I don't see how a buyer would know. Any ideas?
https://vongreyerz.substack.com/p/q-and-a
You mention at the beginning of your note that every physical silver ounce stored at COMEX/LBA has been sold 1000x, meaning that there is a massive naked short position not covered in the OI statistics out there. How do you come to these numbers and what about global storage? Thx J
$$dollars is not money. It is currency. Gold and silver is money!
Every retail coin dealer is flooded with silver. The premiums are the lowest on 2O years. If you sell you will get $2-3:00 under spot price
https://substack.com/@vongreyerz/note/c-102402515?utm_source=notes-share-action&r=55vj5y
Not like heaven has gold or anything
I still can't understand what a reputable dealer is. There's dozens online like Kitco, Bullion Max, Goldco, etc, that claim they're the top shelf honest guys. How do you know? Can you help with this issue?
I would have thought that Andy Schectman would be a reputable dealer. Why don't you give him a call
https://vongreyerz.substack.com/p/q-and-a
Looks like you removed what I thought was a decent comment/question. Why?