Just keep it in Switzerland in an insured vault. I can't think of a more secure way to store your precious metals. Think for yourself what can happen with your gold if you store in a safe deposit box inside a bank vault located in CH? It's certainly safer than storing it at your home. And if we are talking about crypto backed with gold, why not consider BullionVault for example?
Massive Precious Metals Fraud - Gold and silver not in vault as claimed
- Thread starter Martin Everson
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Pick a spot on a mountain, of which there is no lack in CH.
If I decided to sell gold I wouldn’t buy USDT. I would rather buy btc, xmr, fruit trees, wine, anything but USDT.
If I decided to sell gold I wouldn’t buy USDT. I would rather buy btc, xmr, fruit trees, wine, anything but USDT.
Why not USDT?
PS. I use USDT to pay for products in China and I get paid by my clients in USDT to avoid bank monkeys freezing my account.
Hey, thanks for the tip! Opening an account to see how it works. Any tips you would have liked others to tell you when you started with them?
PS. I use USDT to pay for products in China and I get paid by my clients in USDT to avoid bank monkeys freezing my account.
Hey, thanks for the tip! Opening an account to see how it works. Any tips you would have liked others to tell you when you started with them?
It is fine to buy USDT when needed, it is not to hodl it.
DYOR, most of the information about it is publicly available.
DYOR, most of the information about it is publicly available.
100% correct! I use it as payment to pay suppliers in Asia for products and then get paid by clients outside Asia for those (products+10%*products), but never for HODL. Quick! No invoices to banks. No KYC BS. No account freeze. No CRS/AEOI bs. Life is now better than the days of BSI 😉
Definitely! But if you do have (non-obvious) tips, they are always welcome. 😉
Definitely! But if you do have (non-obvious) tips, they are always welcome. 😉
I've been storing my Gold with Silver Bullion in Singapore, so far so good.
https://www.silverbullion.com.sg/
As for crypto backed with Gold some people that I know are using G-coin for payments, just to pay for things, not as a way to store Gold.
https://gcoin.com/
https://www.silverbullion.com.sg/
As for crypto backed with Gold some people that I know are using G-coin for payments, just to pay for things, not as a way to store Gold.
https://gcoin.com/
Never use a private vault whether insured or not. Fraud happens and insurance clauses often don't cover staff harmful actions obviously. Look what happened to this private vault in Netherlands I discussed some years ago.
https://www.offshorecorptalk.com/th...ty-deposit-boxes-theft-millions-stolen.28977/
P.S Switzerland is no better. There are people︀ running businesses there more criminally minded and dishonest than the average Credit Suisse Banker for︁ example.
https://www.offshorecorptalk.com/th...ty-deposit-boxes-theft-millions-stolen.28977/
P.S Switzerland is no better. There are people︀ running businesses there more criminally minded and dishonest than the average Credit Suisse Banker for︁ example.
Care to share with us your story and why do you think it's safer to keep gold in your home?
Personally I prefer to keep on me, or with me, as little valuable things as possible. Nothings beats the safety of a safe deposit box in a reputable bank. IMO
Looks good at first glance. It's only available to US residents, isn't it? How is it better than GoldMoney for example?
Personally I prefer to keep on me, or with me, as little valuable things as possible. Nothings beats the safety of a safe deposit box in a reputable bank. IMO
Looks good at first glance. It's only available to US residents, isn't it? How is it better than GoldMoney for example?
A safety deposit box at a solid bank could be an option if you can insure the content. I don't know a single bank that insures the content of︀ safety deposit boxes in case something happens, when you sign that contract they clearly tell︁ you that.
Make sure the bank you choose has no plans of merging with another︂ bank, although you rarely know about that beforehand.
I had a box in a bank︃ with jewelry, money, and documents, I didn't visit the bank for a few months, I︄ was away traveling, when I finally went to the bank it had closed, and all︅ the boxes had been moved to another branch near by, yes I almost had a︆ heart attack.
Imagine going to another bank where you've never been before and someone says︇ to you "the boxes are in the process of being moved to this branch, but︈ they haven't arrived yet, we will let you know when your box arrives at this︉ branch."
A few months went by, finally the day came, I crossed my fingers as︊ I opened the box in one of those little rooms that banks have for customers︋ to check their boxes. Luckily everything was still there, but it's not something I want︌ to go through ever again.
I'm now going through a worse situation as the bank︍ that I was banking with, a full reserve bank, was closed by the Regulator. It's︎ been 13 months since customers lost access to their money, no idea when or how️ much of our money we will get back.
So moral of the story, there are always unforseeable event that can happen at any time when you least expect it.
I am going to sell the Gold that I have stored in a vault facility, I will buy Gold and I will make a hole under my bed, if there's a fire the Gold will be fine, if a thief gets into my home, no way he will find it, if I die my wife and children will know where the Gold is.
Once you go through what I've gone through you become paranoid. I want to sleep at night knowing that my stuff is in my control, I do not︀ want any more nasty surprises if I can avoid it, it's not worth it, trust︁ me.
You can use Qenta even if you're not a US resident, but I've︆ never used them, so I don't know how reliable they are.
Make sure the bank you choose has no plans of merging with another︂ bank, although you rarely know about that beforehand.
I had a box in a bank︃ with jewelry, money, and documents, I didn't visit the bank for a few months, I︄ was away traveling, when I finally went to the bank it had closed, and all︅ the boxes had been moved to another branch near by, yes I almost had a︆ heart attack.
Imagine going to another bank where you've never been before and someone says︇ to you "the boxes are in the process of being moved to this branch, but︈ they haven't arrived yet, we will let you know when your box arrives at this︉ branch."
A few months went by, finally the day came, I crossed my fingers as︊ I opened the box in one of those little rooms that banks have for customers︋ to check their boxes. Luckily everything was still there, but it's not something I want︌ to go through ever again.
I'm now going through a worse situation as the bank︍ that I was banking with, a full reserve bank, was closed by the Regulator. It's︎ been 13 months since customers lost access to their money, no idea when or how️ much of our money we will get back.
So moral of the story, there are always unforseeable event that can happen at any time when you least expect it.
I am going to sell the Gold that I have stored in a vault facility, I will buy Gold and I will make a hole under my bed, if there's a fire the Gold will be fine, if a thief gets into my home, no way he will find it, if I die my wife and children will know where the Gold is.
Once you go through what I've gone through you become paranoid. I want to sleep at night knowing that my stuff is in my control, I do not︀ want any more nasty surprises if I can avoid it, it's not worth it, trust︁ me.
You can use Qenta even if you're not a US resident, but I've︆ never used them, so I don't know how reliable they are.
They do charge fees (CacheGold) and are held in vaults (they own) (Silver Bullion Singapore).
But there are numerous fraudulent gold backed tokens.
But there are numerous fraudulent gold backed tokens.
I don't know your personal situation. But 100% do not ever use a banks or a thirdparties vault in todays world. If its not fraud or theft taking place then its government seizing or freezing the contents.
https://www.washingtonexaminer.com/...lly-seized-86-million-from-safe-deposit-boxes
https://www.theguardian.com/uk/2009/mar/25/police-raid-deposit-boxes
https://www.washingtonexaminer.com/...lly-seized-86-million-from-safe-deposit-boxes
https://www.theguardian.com/uk/2009/mar/25/police-raid-deposit-boxes
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