Going “grey”, being “grey”, exercising discretion, at all times, has never been more important with regard to the risks you spoke to.
3 Likes
“May you live in interesting times” is not a proverb. It is a curse, not a blessing.
3 Likes
It is.
1 Like
“the vast majority of gold-holders would not repeat this mistake” … there was a move on under the prior admin where coin dealers were getting unreasonable fees associated with ‘cash deposits’. If (when) times get tough there may be no place to sell your coins.
I don’t ‘believe’ there is a ‘vast majority’ with an effective barter network to work around that eventuality.
3 Likes
Too true. It is a risk. Take a cruise. Sell it in the bahamas. Drive to canada. I don’t see the possibility of a seizure and difficulty selling as a big factor in my buying. Remember the golden rule: He who has the gold makes the rules. However, this potential problem motivates me to have other hedges against the system. Like silver.
3 Likes
Just make sure you don’t have to go thru a TSA or Customs checkpoint. ;^)