Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (72249)	1/29/2010 4:50:57 PM
From: Haim R. Branisteanu	Read Replies (2) of 74559

TJ, was thinking about your habit of accumulating GOLD and other precious metals - it may work in China due to their affinity to gold for millennia, but I would not recommend to hoard gold in the US and EU because if really hard times will arrive the government will confiscate the gold you have and track you based on the registered invoices form dealers or banks. Aside always good to diversify!! As in any situation of turbulence there will be plenty of very rich people and over time I think high quality polished diamonds (not placed into jewelry) bought from certified polishers/dealers (not retail stores) could be much more attractive low chance of confiscation and easier to transport and if proper guarded a sparkling piece of jewelry which can be fit or removed from the preferred wife jewels

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