Thursday, July 30, 2015

Silver Bars 1 Ton Delivery

Here's a client who "took delivery" of his 1 TON of silver from the Royal Canadian Mint. It was 90 degrees outside when I helped him unload his silver. All I can say it's not real money unless you break a sweat moving it.   BK

Gold $64,000! Is it possible?

Imagine the Capital Gains payable if gold hits $64,000 and you sell?  BK

Monday, June 22, 2015

Hold "Physical Cash" says Fidelity's Ian Spreadbury

'It's time to hold physical cash,' says one of Britain's most senior fund managers.

It may be time to put money under the mattress. High profile fund managers explain how to prepare for a 'systemic event'.
The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.
Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock.
“Systemic risk is in the system and as an investor you have to be aware of that,” he told Telegraph Money.   Read more...
Our U-Vault Account is perfectly suited and fully insured to hold cash.   BK