Friday 26 May 2017

Offshore Gold Storage – A Look Inside the Cayman Vault

SWP Cayman Gold Storage



"If your gold is outside the US, it gives you another degree of insulation should the United States decide that you shouldn’t own it — it's not a reportable asset." - Doug Casey, May 2017

I’ve been a holder of gold since the 1970’s. At that time, I was purchasing gold and silver for business reasons and found that, as the price was steadily increasing, I would be wise to buy more than I needed immediately, as I would most certainly profit from it in the near future.

At that time, I was buying most of my precious metals in Hatton Garden, the centre for metals in London and, in talking with my more experienced associates, I learned that gold doesn’t just make pretty jewellery, it has, for over 5000 years, served as man’s best economic insurance policy.

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