tobey bilek Posted October 15, 2011 Share #41 Posted October 15, 2011 Advertisement (gone after registration) Just to add to what I suggest above, the IRS has recently ruled you must declare gold stored for safe keeping in foreign countries just as if it were a cash or investment account. This means they are keeping tract of what you own. Big brother is everywhere. They got the Swiss to divulge secret numbered accounts a few years ago so less and less is safe. Diamonds seem pretty good. Link to post Share on other sites More sharing options...
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pico Posted October 16, 2011 Share #42 Posted October 16, 2011 Just to add to what I suggest above, the IRS has recently ruled you must declare gold stored for safe keeping in foreign countries just as if it were a cash or investment account. This means they are keeping tract of what you own. Big brother is everywhere. I don't have to register when I buy silver or gold directly, the material stuff. The seller need not record it. But metals are not a good short term investment. Short term bonds are better. They got the Swiss to divulge secret numbered accounts a few years ago so less and less is safe. Diamonds seem pretty good. I wrote of this earlier. The president of BSC told a friend of mine that after they had been ripped-off for billions a few years ago, he agreed to release the names and resources of American customers if he were given a reasonable rationale. That literally breaks the Swiss law. (The occasion was a festival he sponsored. He said that they might have to cancel their sponsorship. That got some angst turning.) Link to post Share on other sites More sharing options...
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