IPFS News Link • Gold and Silver
Gold Investing 101 –
• LewRockwell.com By janskoylesGold Investing 101 – Beware Unallocated Gold Accounts With Indebted Bullion Banks and Mints
Investors looking to gold again but gold buyers need to exert caution
Royal Mint – a royally expensive way to help the government
Unallocated gold – unsecured creditor of a bank?
If you cannot hold it, you do not own it
Own gold bullion coins as insurance, to reduce counterparty risk and to preserve wealth
Conclusion – Reduce counterparties, Don't over complicate
Yesterday we pointed out how the gold market is seeing renewed interest from new, first-time gold buyers and gold investors. Concern unites them – they are concerned about the current trajectory of the world – politically, financially, economically, monetarily and environmentally.