Can You Take Your Money With You?

Benefits of Precious Metals Ownership – #2 PORTABILITY  

What if you wanted to… or had to take your money and leave your home—either pre-planned or on a moment’s notice? Have you thought of that? How would you do that? Is it possible to take your money with you? What would be the best way to do that?

Gold answers many of these questions. 

  • Gold’s value is highly concentrated.  One U.S. Gold Eagle is approximately $2,300.  (10) tubes of twenty Eagles is approximately $250,000 (see below).  Easily carried in a purse or very small bag, this makes gold very portable.  Try that with cash.
  • Gold doesn’t get scrutinized at airports or border crossings because it is not considered legal tender (check local regulations)
  • Gold is readily accepted throughout virtually all countries around the world.
  • Gold was probably not reportable when you purchased it (if purchased correctly) and may not be reportable upon sale.
  • Your gold will probably increase in value while your dollars are assuredly decreasing.

That said, you still need to have some cash at home—ideally, three to six months of living expenses. 

But please take a moment to stop and think, “What would I do if my family had to get up and go quickly?” – “What would I take with me?” – “Could I take my money with me, and what is the best way to do that?”

“There’s no harm in hoping for the best as long as you’re prepared for the worst.” – Stephen King, Different Seasons

1 Comment
  1. Gold not reported upon sale How do I do that? And
    How does sale of gold not get taxed

    Never knew there was a way…

    Thankyou
    Dennis