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2. WHY BUY PHYSICAL GOLD "Do not leave assets with banks due to their lack of integrity" Max Keiser RT TV Sep. 12 In the current times of economic uncertainty and financial instability buying gold makes more sense than anything else. Confidence in the banking system and world wide economy is at an all time low due to the banks complete lack of integrity, and is in serious danger of an "Epic Collapse In Confidence" in the near future. Physical Gold has always been the ultimate insurance for turbulent times and consequently should be seriously considered as an alternative to leaving money in the bank, which no longer attracts any real interest. Where is my money really safe anymore? Gold has been used as a store of wealth since historical records began and is the "secret" investment of choice for the financial elite, and as such is exempt from VAT. British Gold Sovereigns are also outside the scope of Capital Gains Tax in the UK, although most people are not made aware of this. Inheritance Tax - as gold dealers are only required by law to keep records for seven years, gold bullion is therefore a good quiet way, with some forward planning, to keep wealth in the family for generations to come. Gold is easy to liquidate anywhere in the world. Should you need funds quickly for any reason, Gold is easy to sell without the need to approach a bank for a loan. You can resell to your original supplier or any other gold dealer with complete confidence that you will be able to walk away with "cash" in your hand. |
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