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RY MORAN's avatar

In prior newsletter, you recommended Gold/Silver.com? Why? And would it be preferable to store in Singapore than here in USA?

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Glenn Meder's avatar

Just to be clear, I don't recommend anything related to money for legal reasons. I tell people my thoughts, and then they are free to make up their own minds. I think overseas storage for a portion of gold/silver is important because you never know what is going to happen in the US, or any country. History has taught us that the biggest thief of all is government. They can change laws, seize gold or property or do anything they want to do. There are a lot of online gold storage places, but I would stick to Goldsilver.com or goldmoney.com. Both offer completely segregated storage outside of the banking system and it is protected by Brinks security. I think the two most preferably places would be Singapore and Switzerland.

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RY MORAN's avatar

I did not phrase my question clearly. I was not asking if you recommend buying gold or silver, but why you recommend the company Goldsilver.com, e.g., having experienced their services and were satisfied.

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Glenn Meder's avatar

Ok, I get it. I have not used GoldSilver.com myself, but it will be the site I use next time I purchase gold or silver for overseas. They are a very respected business and I trust them.

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RY MORAN's avatar

I just got off the phone with GoldSilver.com and was told procedure for picking up if ever wanted. I agree with you that storing within USA not prudent; however, since living near where their site located in USA, I can now store some here and take physical possession if needed. The bulk will go overseas. Thanks.

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