Being prudent, controling your risk, preserving your options ... always the right way to move forward in these dangerous times. Are they more dangerous than earlier times? I don't think
so, in general, in fits and starts, lurches and stimies. But, be aware. Eyes wide open but open
hearted. Ultimately not just help yourselve. Rather, help each other. Thanks for your observations.
just how safe is one with even the highest flying, highest quality stocks if everything goes to hell, because they are still within the financial system? Also, how likely is it that the government will let one pay bills or buy food using gold coins, instead of again criminalizing their possession and use?
it doesn't seem to matter if a government or thief can't seize one's gold or Bitcoin, when they can quite easily seize the holder and imprison or torture them to give it up - and I wouldn't put such actions beyond either the government or thieves.
If you believe the Federal government will deteriorate to that degree, it is time to get residency or better yet citizenship elsewhere so that you have some options. Many call it a “Plan B.”
Yes, secure places where my gold cannot be seized. Where are these places? After seeing what happened to that Venezuelan president I don’t think such places exist. Seems like Bitcoin is a better solution. Cannot be seized. Can easily travel with it. Can easily use Lightning to transact.
Think the US cannot go and seize it there if they wanted? Really? After what they just did to the Venezuelan president? With their high tech weapons no one has seen before? Bitcoin is the only non-seizable asset. And it is the hardest asset in the world. That is why companies are now buying it like crazy.
Singapore (Bullionstar), Cayman Islands (Strategic Wealth Preservation), Switzerland (VonGreyerz). Also buried somewhere safe or secured in personal custody. There is geographical/political risk everywhere at anytime you just need to do a risk/benefit analysis as to what you think is the most secure.
Being prudent, controling your risk, preserving your options ... always the right way to move forward in these dangerous times. Are they more dangerous than earlier times? I don't think
so, in general, in fits and starts, lurches and stimies. But, be aware. Eyes wide open but open
hearted. Ultimately not just help yourselve. Rather, help each other. Thanks for your observations.
just how safe is one with even the highest flying, highest quality stocks if everything goes to hell, because they are still within the financial system? Also, how likely is it that the government will let one pay bills or buy food using gold coins, instead of again criminalizing their possession and use?
“If you don’t hold it, you don’t own it”. I agree with Dave, is there really a safe place to store gold where it won’t be seized.
it doesn't seem to matter if a government or thief can't seize one's gold or Bitcoin, when they can quite easily seize the holder and imprison or torture them to give it up - and I wouldn't put such actions beyond either the government or thieves.
“imprison or torture them to give it up”
The Federal Government did this during the Civil War, against southern civilians. They would do it again.
If you believe the Federal government will deteriorate to that degree, it is time to get residency or better yet citizenship elsewhere so that you have some options. Many call it a “Plan B.”
Be creative, a pvc pipe with sealed ends buries quite nicely or can be placed in places no one would suspect. Pray God will give you discernment.
Yes, secure places where my gold cannot be seized. Where are these places? After seeing what happened to that Venezuelan president I don’t think such places exist. Seems like Bitcoin is a better solution. Cannot be seized. Can easily travel with it. Can easily use Lightning to transact.
Strategic Wealth Preservation in Cayman Islands
Think the US cannot go and seize it there if they wanted? Really? After what they just did to the Venezuelan president? With their high tech weapons no one has seen before? Bitcoin is the only non-seizable asset. And it is the hardest asset in the world. That is why companies are now buying it like crazy.
What are some examples of “secure jurisdictions?” (Places to hold physical gold)
Singapore (Bullionstar), Cayman Islands (Strategic Wealth Preservation), Switzerland (VonGreyerz). Also buried somewhere safe or secured in personal custody. There is geographical/political risk everywhere at anytime you just need to do a risk/benefit analysis as to what you think is the most secure.