Ask Terry Questions Recent article on Gold

Recent article on Gold

By Terry Savage on May 26, 2015 | Wild Card

Are you serious about buying gold coins/bullion and putting it in a bank vault? What if it’s a long holiday weekend and you need your gold NOW but can’t get it out? What if your bank fails and is seized by Federal regulators? Do you really think you’re getting into that vault? Remember, if you don’t hold it, you don’t own it (just like the Germans found out when they asked the U.S. for their gold back). When it comes to physical, you store it at home–either in a good safe or buried in the backyard guarded by a big dog–and NEVER talk about it.

Terry Says:  I have a yorkie!  And I figure I will have some advance warning about that kind of crisis.  But if America comes to that sad moment we will have a lot more to worry about than where we stashed our gold!   P.S.  it was the French who asked for their gold back in the early 1970s. They got it!





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