Sunday, December 5, 2010

How and where to store gold and silver -- David Morgan

Never tell anyone that you have physical metal. Buy a big safe, pick it up and install it yourself , hide some metal in a place that is not normal for precious items to be found. Stay away from banks and their vaults. You do not want counter-party risk of any sort, that defeats the whole purpose of getting into precious metals. Also keep in mind Patriot Act as well that allows banks to look whats in your safety deposit box. keep your metals with you, invest in some mining companies if you want leverage and can handle some risk, and you can even get with goldmoney to get your metal in Hong Kong, but I would not give it elsewhere .In this video, David Morgan of Silver-Investor.com advises on how and where to store your physical silver and gold. Diversify and have several places to store gold and silver is his advice.

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