As a gold investor, I’m concerned that the US government could impose restrictions on owning gold as they did in the early 30’s. What is your opinion as to the probability of such an event?
Yes, we agree that the Fed may ban all trading in gold. However, we view this situation as unlikely. If you have your physical silver / gold secure and speculate only with the capital that you can afford to lose, then you should not get too worried.
In this case geographical diversification is the way to go. Allocating your holdings within different countries makes you less vulnerable to possible gold and silver trading ban. Naturally, we must say that it should be done with respect to the law.
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