It's been 18 months since We've asked for Donations, because we do NOT like asking for Donations.
But such as in Life, it's not always Peaches & Cream, or Royal Crown and Purple Haze Sativa!(I'm currently @ the Boone's Farm "Tickle Pink" & Mexican Dirt Weed level) Nobody likes doing the dirty work but it's necessary in order to rectify the problem it's creating. So the time has finally come, both to Save America's planned & engineered demise from these evil delusional globalists and their cast of Pathetic Puppets, AND also to help 12160.info continue to be a daily part of contributing to feeding the Truth and "What's really going Down" to Hungry & Awake Minds. All we ask is for whatever a Deplorable Debt Slave, can afford to throw into our meager "basket" for monthly/yearly expenses 2$, 5$, 25$ $200 will all be appreciated with equal enthusiasm.. We will always be sincere, & eternally grateful with ANY amount,
Thank You & Take Care to you & yours! Good Luck to Everyone in the next couple scary, unpredictable, upcoming weeks! Who knows what these Sinister, Soulless Criminal Bastards will do? And you know they are going to do SOMETHING! They are petrified and unbelievably desperate right now. They smell their demise and are not sitting down for it. Like Venomous Vipers backed into a corner.
We could be in for one helluva Spooky Be-all, end-all, All Hallow's Eve,"Trick".....or maybe a well deserved "Treat"?? Let's pray for the cooler, rational heads overseas & abroad to prevail so a WW3 excuse can't be manufactured by Obozo,"The Impostor Usurper" Sotero and his Cheery Choom gang of Chumps, Thieves, Liars & Transtesticles. Then focus on putting the Criminal Clinton Mafia Family where they truly belong, .....In A Federal Prison on Death Row, awaiting an Execution Date from indictments including Espionage,Treason, Collusion, Bribery, & Turncoat Communist Traitors to name a few! By then the Bush clan and the yellow-bellied cowards they are, will have all left to their vast acreage retreat in South America, Good riddance, and Don't let the door hit ya in the ass on the way out!
Long Live Our Republic!
THANK YOU !!
How Safe is Your Physical Gold?
by Jeff Clark
One of my best friends recently discovered, to his shock and dismay, that five one-ounce gold coins had been stolen from his home. I feel especially bad because I had encouraged him to buy some physical metal, giving him some tips and pointing him to the better dealers.
What’s especially disconcerting about the theft is that my friend had the coins stored in a safe, hidden from view, securely locked, with the key hidden. He thought his gold was safe, a reasonable assumption given the precautions he’d taken.
But all those measures weren’t enough. Based on what he knows, he strongly suspects it was a relative, partly because of this person’s background and partly because they were one of few familiar enough with the house to know where the key might be. The police unfortunately don’t have enough evidence to make an arrest – fingerprints, for one, couldn’t be successfully lifted from the safe. Continue
Think Life a Thief
by Jeff Clark
It’s official: the greatest number of responses to any article I’ve written since joining Casey Research was to Robbed!, the story of my friend’s gold being stolen and the suggestions for storage. It’s clear the article struck a nerve – from those who’ve also been a victim of theft, to those who were simply looking for additional ideas for storage locations.
Based on the number and quality of responses, I thought it would be useful to pass some of them along. Here are the (edited) emails I received, along with our comments…
Other Stories of Stolen Gold:
“I had 136 American gold Eagles stolen from my home... $198,500 worth of gold. Besides the loss, I will lose the tremendous appreciation of the next few years. So be warned: HIDE YOUR GOLD!” Continue
Swiss Bank Refuses Access to Client's Physical Gold Holdings
by Mac Slavo
Reason number one for why storing all of your gold in an allocated or unallocated bank account is a bad idea:
A client of a major Swiss bank was recently refused access to his physical gold and had to hire attorneys and threaten to expose the bank publicly before finally getting it back in his own hands, according to Jim Rickards of Omnis.
â€œMy inference is that that gold was not there,â€ Rickards told King World News. â€œThe bank had to scramble, go out and find it somewhere before they could make good delivery.â€
Rickards expects the world will eventually go to a gold standard-backed currency.
â€œTo me, the big issue is, is it going to be intelligent or is it going to be ugly?â€ Rickards says. â€œIs it going to be something we think about, we have a public debate, hearing in Congress â€¦ we give some thought to, and then, over time â€¦ we do it in stagesâ€ so that markets can adjust.
Unfortunately, says Rickards, weâ€™re on â€œthe other path,â€ ignoring the issue and acting as if gold plays no role in finance, â€œwhich, of course, it does, keep printing money until almost spontaneous collapse of the dollar and then, in the midst of chaos, on an emergency basis, have the president announce that weâ€™re back on the gold standard.â€
Rickards’ advice? Get your gold out now before other banks begin following suit.
Source: Money News
Recently, I’ve received a number of questions from readers about moving gold and precious metals internationally. It’s been awhile since I’ve discussed this topic, so I thought this might be a good time to address it.
Q. Why should U.S. citizens or residents consider storing precious metals overseas?
A. Depending on your personal circumstances, and the manner in which you hold the metals, keeping them outside the United States may provide significant asset protection if you are named in a judgment. In addition, if the U.S. government were to order the confiscation of gold and silver, as it did in 1933, metals kept offshore might be better protected than those held domestically.
Q. What is the best way to move metals overseas, especially if you own large quantities?
A. I like the idea of using a company like Brinks or ViaMat. They take care of everything including the customs and tax declarations, if any, both out of the United States and into another country. If you move it yourself have to be very careful because no matter what the law is and no matter what spoken or written assurances you have, there’s no guarantee that you won’t be harassed either leaving the United States, passing through an airport in another country, or going through customs when you get to your final destination. However, with careful preparation this is possible.
Another option in certain cases is a like-kind exchange under Sec. 1031 of the U.S. Tax Code. A 1031 exchange may be appropriate if you’re converting from physical possession to allocated storage to overseas storage, from coins to bars to exchange traded funds, from gold to silver, etc. The major issue is that you cannot make a direct conversion from a domestic asset to an offshore asset, or vice-versa. However, there are some workarounds possible to deal with this issue.
Q. Do you recommend any particular shipping agents?
A. Brinks or ViaMat are both bonded and in the business of shipping metals worldwide. ViaMat offers secure offshore storage in Switzerland as well.
Q. What if you want to transport the metals yourself?
A. There are no guarantees. For large quantities, it’s best if you appoint an import agent to handle everything for you. You will generally post a bond through the agent payable to the customs agency in whatever country you are bringing the metals into. The bond covers whatever taxes are due (if any) plus the agent’s fee. You bring in the metals, present the paperwork from the import agent to the customs inspector, and then take the metals to wherever you want to store them.
Or you can make two trips. Make your first trip with just one or two coins or bars. Declare the coins (if required) when you leave the United States and when you arrive in your destination country and see what happens. While you’re there, find out from the customs officials themselves what the import requirements are. If necessary, find an agent to represent you when you bring in a larger quantity.
Q. I’ve heard from one source that metal detectors used at airports do not detect gold bullion coins. Is this true?
A. I’m not an expert on metal detectors but it is my understanding they identify metal by detecting electrical conductivity. Gold is one of the most conductive metals, so I don’t see why airport metal detectors wouldn’t be able to identify gold bullion coins or any other form of gold.
Q. Where are the safest countries to bring in gold? What is the maximum amount you can import without needing to make a declaration?
A. I would declare the gold no matter how much you are bringing in, but especially if it has a value more than $10,000 or the equivalent in foreign currency. Switzerland is one of the safest countries in which to import gold. There is no import tax or value-added tax on most forms of gold, near-zero corruption, and there are secure tax-free storage facilities at the Zurich airport.
Q. When you move bullion coins internationally, do you value them according to their face value or their market value?
A. It depends. When you export gold from the United States, for instance, you declare it on a Treasury form by face value (but ask a customs agent to make sure he/she agrees) if that value exceeds $10,000 and on a census form by market value if the value exceeds $2,500. Your metals may be confiscated and you may be liable to fines/imprisonment if you don’t fill out both forms.
Reporting obligations and customs duties on imports of precious metals into a foreign country may be based on face value or spot value. There is no consistency. In many cases, you’ll pay whatever VAT would apply if you purchased the metals in that country. Silver and platinum are subject to VAT by more countries than gold, and VAT on coins is imposed more often than on bars.
Q. Do you have any other suggestions?
Excellent and useful info