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Safe as bullion - We sold our house and bought gold bars
news.bbc.co.uk — Four years ago, fearful of a property crash, David and Maureen Somers sold their house and bought gold. It's a tactic suddenly popular with those seeking a safe haven for their money.
ShawnCGeorge- 16 diggs
- digg it
- jamesdew, on 10/08/2008, -0/+5Smug basturds
- XanderDee, on 10/08/2008, -0/+4The have some one else holding the gold? LOL One should research how gold holdings is fractionally reserved. ;) If you don't own gold unless you hold gold.
For the dumb deaf and retarded the banks take your money and spend it the way they want and just owe it back to you and keep a small reserve. The same for gold but they can use it all and just give you the cash if you demand the physical. That is standard industry practice. LOL - digitronix, on 10/09/2008, -0/+1Dude, I was into the Gold shop on October 6.... it was PACKED! People are finding ways to get rid of their dollars right now.
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