Hi Bread
Understand your concerns, but the fact governments can manipulate the money supply, by the use of interest rates, quantative easing, banking controls, currency manipulation and not to exclude restrictions on taking your money out of the country.
UK citizens cannot take more than £9,000 out to any non EU country!!
(form required by HMRC )
Now all that said, if you had your investments held in physical gold in a fault its value could still go up and may go down, but its true value as a metal will not be at the direct behest of governments.
Here in the UK we have a product coming online shortly called “Goldbloc “which will allow you to hold physical gold but in a bank account, using a MasterCard debit card, you can make purchases / transfers, outside of “Fiat” (paper & coin) currency.
As a holder with Keras the parent company, once mining has been confirmed, I’ll be holding Calidus shares for the long term, banking on the gold in the ground, will be increasing in value over time!
Regards
Pc
GLA
- Forums
- ASX - By Stock
- CAI
- True value of gold
True value of gold, page-4
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
CAI (ASX) Chart |
Day chart unavailable