Buying Gold & Storing it

avis

Brian_Bullocks wrote: »

yep, maybe a "plant" with only 2 posts, and asking about safety deposit boxes

..and presumably posting over a 100 times makes you a 'tree'?

Gold funds are not good since they have too much noise of a stock market and a higher 'beta'.

Looking for something independent of the vagaries of the stock markets.

For that worst case scenario - Having a small portion of the asset portfolio in physical gold seems a good option.

..and I promise I wont come after your box Brian

LongTermLurker

avis wrote: »

..and I promise I wont come after your box Brian

You've got to laugh

TRUSt_NO_1_2

avis wrote: »

I am not feeling paranoid at the moment & may want to trust Gold ETFs, Gold derivatives, Bullion Vault and other "simpler" ways of gaining exposure to gold... however, I am thinking in these uncertain times, nothing beats having gold under the mattress..

But I'd rather keep the Gold in a safe deposit locker somewhere rather than under my mattress.

I cannot find any bank offering a safe deposit locker scheme in London - atleast its not advertised anywhere..

Do anyone know where I can securely store physical gold once I buy it?

Thanks

I can think of lots of places to store gold safely ...and a bank or any safety deposit box is not one of them.
Only a fool would trust a bank/safety deposit box as a place to safely store anything of value.

http://news.bbc.co.uk/1/hi/uk/7431919.stm

What happened to all the unclaimed 'seized' loot ?
Donated to a charity ?

I bet the police social fund is doing well ,because it isn't being auctioned off on the poilce auction website..what do you reckon Avis ?