Goldcorp CEO says we've past PEAK GOLD

Discussion in 'Gold' started by Clawhammer, Mar 12, 2015.

  1. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
  2. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Another article in the MSM today predicting gold at $1050 in 2015. (forget who, choose anyone really)

    It's getting to the point where it could be worthwhile funding a round the world trip with some ounces in my handbag. Just avoid USA!

    Happy Stacking GP!
     
  3. HateFiat

    HateFiat New Member

    Joined:
    Nov 29, 2014
    Messages:
    58
    Likes Received:
    0
    Trophy Points:
    0
  4. BoliverT.

    BoliverT. New Member

    Joined:
    Jan 22, 2015
    Messages:
    135
    Likes Received:
    0
    Trophy Points:
    0
    Why avoid the USA,exchange rate or other reason?
     
  5. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Gold is too cheap there, also

    Asset seizure.
    Selling means govt paperwork.
    Corruption.

    I also find entry via TSA inspection by trainee camp guards quite offensive.

    Avoid China, Russia and Middle East for similar reasons.
     
  6. screaming eagle

    screaming eagle Active Member Silver Stacker

    Joined:
    Jan 5, 2014
    Messages:
    466
    Likes Received:
    72
    Trophy Points:
    28
    Location:
    NSW
    Julie, I've travelled to all of those areas except for Russia with a few ounces on me for funds and never had any issues with asset seizure, selling problems due to government paperwork or corruption. When carrying gold, airport inspections have never caused any concern either, every airport I went to I simply put my bag through the x-ray machine (also had some coins in it), it came out the otherside with no hassles at all. Gold usually doesn't show up. Carrying Silver (bars, coins and round 50s) has led to further searches as it comes up black on the airport scanners - but a quick look in the bag and explaining what it was and I was on my way quicker than the poor folks who have to put up with those explosive searches. Unless you're carrying a massive amount with you (kgs of Gold+) I don't think you're going to run into many hassles as there are probably many more people around with more ounces on them than you. Check the customs rules before you travel to a particular country, conform with them and you shouldn't have any problems.
     

Share This Page