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[QUOTE="dennismenace, post: 5310897, member: 6158"] If the shtf you can pretty well expect the government to confiscate gold as FDR did in 1933. The people who sell gold bullion don't like to talk about that. They like to compare what they call "paper gold" vs gold bullion and say paper gold has counterparty risk because a custodian is holding it instead of you. Well the so called counter party risk for holding bullion is the US Government and they have done it before. An alternative is open your IRA in GLD which is an EFT trust that issues shares backed by gold bullion. You don't have a right to take physical possession because the trust owns the gold but your shares represent an approximate dollar equivalent (1/10 OZ). There is $100 billion presently in the market cap of GLD. SLV is the same animal only silver bullion backed. I agree also with the junk silver (buy say 90% silver half dollars at around a $2-$3 premium) mentioned above. See SD Bullion for illustrations. ETF's are traded on the stock exchange and highly liquid. A 90% silver half dollar is worth around $25 but the price is breaking out right now. The market price of gold is around $3300 oz. and silver is around $38 oz. Lots of info at Kitco web page. Talk to a broker or other professional for advice. [/QUOTE]
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