Post Reply
Patexd
22 Mar '12
People buy it fof different reasons but commonly because it is like change you can put in your pocket and its known to keep its value long term . well depending when you bought it. Some buy for an Armageddon scenario -some think it will be a hedge against inflation. Some like it because it is global -its an international currency -but maybe tricky taking in an out of other countries. Indeed some think even if it went down in value never mind give it to the kids Capital Gains free Inheritence tax free and let them hopefully wait till it goes up again. But WHERE DO YOU KEEP IT ? In avault you have to pay and do you not want it where you can in emergency you have it by you. Might it go down in a global crisis ? It might -it might depend upon the circumstances. So AT HOME. Under floorboards -a hole in a thick wall? In a safe well alarmed and set in concrete?But will it deteriorate in quality -must it be kept in prescribed temperature and humidity range orwill it deteriorate physically or in money terms for not being stored professionally'

 

 

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