THE FINANCIAL SYSTEM HAS REACHED THE END

By Egon von Greyerz

https://goldswitzerland.com/the-financial-system-has-reached-the-end

Here are a few of the SINE QUA NON (indispensable conditions) for gold ownership:

  • Gold must be held in physical form. No funds, ETFs or bank held gold. 
  • The investor must have direct access to his own gold bars/coins. 
  • Any counterparty must be eliminated whenever possible. 
  • Gold must be stored in ultra safe vaults outside the banking system. 
  • Gold should not be stored in a major city.
  • Gold must be insured.
  • Only gold that you are prepared to lose should be stored at home. 
  • Gold should be stored outside your country of residence and in a gold friendly jurisdiction.
  • The country where the gold is stored must have a long history of democracy, political stability and peace.