Message:

<p>[QUOTE=&quot;passantgardant, post: 1144919, member: 30033&quot;]I know you only by your words, and that is what I respond to.&nbsp; How much you keep overseas is going to be a personal decision for everyone.&nbsp; Some people may buy residence in a foreign country before they &quot;need&quot; it, and use it as a second or vacation home, or an investment property which is rented out.&nbsp; I can&#039;t afford that luxury, so I keep enough gold in a foreign vault so that if push came to shove, I could cross the nearest border without worrying about my wealth being confiscated as I cross, or mugged on the way, and have enough to not be completely impoverished wherever I set new roots.&nbsp; In my case, I have enough for a cheap used car, a few months rent, and basic living expenses so that I can find a job and start earning an income somewhere there is presumably not martial law, civil unrest, nuclear fallout, or some other condition which made me leave my home.&nbsp; Others may want to have enough to live very well, if they can afford it.&nbsp; Even if you never use it, it&#039;s still cheap insurance and the only kind of insurance I know of where you get to keep the premium.&nbsp; It&#039;s not like the money is &quot;spent&quot;.&nbsp; It&#039;s merely saved in another country.&nbsp; It can be tapped or moved or otherwise managed as you please.&nbsp; There is no upper limit on how much you should store overseas, but I think $10,000 is probably a good lower limit.&nbsp; That said, even if you only had $5,000 or just one ounce of gold at $1,400, it would be better than nothing.&nbsp; It might pay rent and get you food for a month while you figure things out.&nbsp; Where you would go is probably something you should figure out ahead of time.&nbsp; My wife has dual citizenship and family in another country, so that&#039;s where I would probably go.&nbsp; Others may choose a bustling city (Hong Kong?) or comfortable climate (Costa Rica?).&nbsp; This planning may never be put into action, but I think it is at least as important as having a will and life insurance.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in