Monthly gold purchase UK-Singapore

Sailtheworld

EdGasketTheSecond said:

It seems a sensible precaution when you have the choice.

https://goldsilver.com/blog/gold-confiscation-history-myths-and-real-solutions/

"Storing gold and silver where a government is less likely to be able to reach it quickly and easily is smart buffer to put in place."

I expect Rishi Sunak will be knocking on Digger Mansions door when he's short of a few bob.

How would holding gold overseas help you if the government decides to tax the gold holdings of UK citizens?

Just try and evade the tax by pretending it doesn't exist when there's a full paper trail in place? 

The UK government wouldn't do this in isolation - it would be indicative of wider turmoil so there's an increased risk that gold overseas will disappear anyway. Even if it doesn't I wish the nation's oldies the best of luck travelling overseas during such turmoil to collect it.

Better off buying silver teaspoons at flea markets and burying them in the garden.

Sailtheworld

coachman12 said:

LoneTraveler said:

DiggerUK said:

Holding gold offshore is beyond pretentious, it's the action of drama queens doing the Chicken Little Dance. It also makes a lot of gold dealers very rich. 

There are always great big loopholes in any legislation to confiscate or curtail ownership of gold. All  legislation sinks rapidly with such holes. Calm down dears..._

I'm new to these forums, but wow that escalated quickly. 

You ARE new, Lone Traveler---stick around the country's happiest Forum for a few weeks and experience the joy that certain posters bring to the public. 
BTW, my earlier posting is accurate and cannot be refuted by any concrete evidence. 

It's not a case of refuting what you've said but if you're going to hold gold overseas to avoid the clutches of a government a really good tip would be to keep your mouth shut about it.

Clearly this is a fairly anonymous forum but I somehow doubt you're the surprise millionaire next door in real life.