Archive for September, 2009
Insuring these items is risky because the ownership of these goods can be traced. However, if a corporation, limited partnership or trust is the insured party, then you may remedy the ownership tracing problem. Goldstein recommends that your best bet is to have gold bullion or coins stored in an offshore deposit box registered in an offshore corporation. Other good investments include warehouse certifIcates for precious metals stored in Swiss or Austrian banks. You could always demand delivery of your precious metals as the certificate holder when the right time comes. You would need professional advice on how to select the proper investments to avoid losing a bundle of cash.