Sunday, March 20, 2011

Gold Investing - Storing Your Gold (and Silver)

If you have physical gold and silver in your possession and are concerned about safeguarding it, there is a well written article that I consider a MUST read. In the article, the author talks about a friend of his that was robbed of some gold coins and is mighty upset about it. Especially since: 1) he suspects it was an "inside job"; and 2) there isn't a darn thing he can do about it because he can't prove a thing.

The author then goes on to list the three most common places to store gold along with some considerations for each. The article is titled "Robbed", the author is Jeff Clark and you can read the article at Safely Storing Your Gold. You will have to scroll down a bit as the article isn't at the top.

In a related article by the same author, readers provide input and suggestions on storing gold and silver (after reading "Robbed") on which the author provides useful comments. This is good information and might save you a heartbreaking loss down the road. The article is titled "Think Like a Thief" and you will find it here. Again, you will have to scroll down to find the article.

At the time of this post (Sunday evening) spot gold is up $8.00 at $1427.70. Spot silver is up $0.53 at $35.81. It should be an interesting week.

Thanks for reading.

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