Description:
As concerns rise regarding currency debasement and $15+ trillion in sovereign bonds trading at negative yields, interest in buying silver and gold is growing.
The Solari Report library is rich with great discussions with Franklin Sanders of The Moneychanger on how to buy and store gold and silver. To help those interested in the basics, we are republishing edited versions of the best of these discussions to give our subscribers easy access to timeless answers to your questions about precious metals.
Part II:
This Solari Report was published in January 2009. Catherine and Franklin continue their discussion of the basics of owning gold and silver in the context of the unprecedented financial events underway.
Stay tuned for Part III!
Subscribers log in for audio access.
Catherine,
Are you familiar with the United Precious Metals Association? They are based in Utah and offer gold dollar accounts connected to a debit card. You keep your funds in gold dollars and convert them to Federal Reserve Dollars which are then placed on the debit card. In their view Gold and Silver Eagle coins are legal currency and can be converted to the other legal currency, Federal Reserve Notes, without creating a taxable event. They have legal citations regarding this conversion analysis on their website.
Michael
Michael:
Don’t know them. Will check it out. I am not confident that the IRS and state taxing authorities would agree with them – but have to take a look.
Catherine
I agree with your guest that sweet potatoes are a very good crop to grow. They are very hardy and withstand heat, bugs, and animals pretty well. And when you get a harvest, the crop lasts a pretty long time. Also, sweet potato tops are healthy to eat as well.
Now that I am thinking about it, we should plant in Hickory Valley.