Real assets, saving money in gold

[Bob Jones]

Does anyone here also use Goldmoney to save their money? Great place to save money while you are building a down payment .

[David Faulkner]

For wealth preservation, I would hold physical gold ... commonly traded coins and/or bullion purchased from a reputable dealer at as close to spot price as you can get. Or buy your wife some gold jewelry with the agreement that if you need it for investing or the SHTF it is to be sold. This is similar to how they hold their wealth in India and many 3rd world nations (which we do not live in, yet, knock on wood). In many conditions where you would want or need to redeem your GoldMoney, you may not be able to get to it in time or at all, and even if you were I wouldn't trust that it would be there for you in that circumstance. That's besides the storage fee. Again, not my cup of tee personally, but if you want it as a wealth preservation hedge, I think there are better ways.

If the SHTF really, then I'd rather have guns & ammo, canned food, a water purifier, farmland, and fish hooks before I'd want to own gold ... and these things are all less costly than gold as an added bonus. That's an insurance policy, not to be confused with an investment ...