Gold is an immortal, sentimental commodity. Buying, storing and selling real bars of gold instead of digital and paper gold is the most satisfying, but also the most challenging experience. In practice, the most important factor is the anonymity aspect of physical gold. This is the high art of buying no-KYC gold and avoiding any paper trail and registration with any local government. At least that is the most critical aspect for privacy-conscious gold investors. A proper and thoughtful approach will ensure that this does not become an adventure with unknown and unlimited risks.
The gold trading industry is notorious for its vulnerability to swindlers, fraudsters, and counterfeiters. Typical criminal schemes exist, and new methods of crimes are constantly emerging. However, for the savvy investor, not everything that looks strange and exotic is a sign of criminal behavior.
Only physical gold allows a family dynasty to acquire a hidden gold treasure and preserve it for generations. It will survive uncertain times and crises, even catastrophes and revolutions. It is therefore worth giving serious thought to this project and getting started as soon as possible.
Buying gold over-the-counter in the form of doré bars or wafers, gold powder and jewelry from Arab, African, Asian or Latin American locations is very different from buying LBMA (London Bullion Market Association) certified gold bars from Switzerland or London.
In most countries, it is easy to buy gold as long as the buyer agrees to be surveilled and his gold ownership is registered and monitored by his government. Things get more complicated - and attractive - if the buyer desires to own his precious metals anonymously and outside of know-your-customer restrictions.
To purchase physical gold in a cross-border transaction is serious business. The buyer is typically surrounded by a swarm of bogus offers from fraudsters. The steps to successfully buying dore, ingots, bars, and bullions therefore start with identifying the pretty obvious red flags, carefully evaluating the sales offer, following a well planned workflow with good knowledge of industrial practices, and understanding and following certain rules and requirements to get the deal done. #howtobuyphysicalgoldabroad
Das günstige Goldangebot auf Facebook und LinkedIn ist trotz der bunten Bilder mit ziemlicher Sicherheit ein Betrugsversuch. Es gibt aber bessere Wege, Gold legal im Ausland zu kaufen und sicher zu verwahren. Entscheidend ist zu wissen, worauf man sich einlässt und wie man die Kontrolle über den gesamten Prozess behält.
Gold tokens on the blockchain are a relatively new asset class, and there is a lot of uncertainty about whether they are digital gold or unfulfillable promises with concealed counterparty risks. Some previous market offerings failed. Are the new ones any different or are they fool's gold for crypto millionaires? Just as important, it needs to be understood that not all are created equal. There are good and bad, strong and weak tokenizations targeting the gold token buying markets.
PUGNATORIUS S.A. is a private research practice and niche think tank incorporated under the laws of Panama. Founded in 2009 by Dr. Ulrich Eder, it develops unconventional solutions and unorthodox perspectives on Modern Digital Asset Protection Strategies. Its viewpoints and statements are being read and recognized by Bitcoin millionaires and people whose stealth wealth and quiet luxury lifestyle are kept outside of traditional banking channels.
This website is for educational purposes only and should neither be construed as legal, tax or financial advice nor as an offer to provide services of any kind.