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Posts Tagged ‘stealing gold’

In countries where online investing is not common, people actually keep gold in their home. Farmers and supposedly low income people sometimes have gold hidden away in their home in far of anyone stealing it. In countries where the government cannot be trusted, they prefer to keep money or assets in the form of gold rather than leave them at the bank.

However, in the US, most people don’t keep gold in their home. So, what would someone in the US do if he/she has a bar of real and pure gold that is likely to attract attention? Would gold investing come to mind?

“If I had a bar of pure real gold I would hold onto it and be watching the price of gold on the stock market for at least 15-30 days. I wouldn’t let anyone know that I had it for fear of someone breaking into my house and stealing it.

The price of gold is up right now and if it continues to rise, my gold bar would go up in value. If I started to see a decline I would either try to sell it for the gold market price or try to find someone who would pay more than it’s worth just to have a bar of gold.”

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