Euro Pacific Bank - Peter Schiff's offshore bank for non-US residents

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Dec 7, 2011.

  1. SilverSanchez

    SilverSanchez Active Member

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    http://www.europacbank.com/index.php?page=home-pass

    Peter Schiff's recently opened off shore bank that can keep bullion and issue a debt card which spends your held bullion...

    Very interesting products - brokerage accounts, normal accounts etc etc

    What do you guys think?
     
    SilverSanchez, Dec 7, 2011
    #1
  2. goldpelican

    goldpelican Administrator Staff Member

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    Bloody flash - doesn't work on the iPad.
     
    goldpelican, Dec 7, 2011
    #2
  3. euphoria

    euphoria New Member

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    I seriously detest apple for this reason. Such an arrogant, big brother, nanny, stalinist approach.
     
    euphoria, Dec 7, 2011
    #3
  4. goldpelican

    goldpelican Administrator Staff Member

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    I know, I should have said bloody iPad, Flash doesn't work on it.

    I think it's just the home page anyway, having a poke around the site now.
     
    goldpelican, Dec 7, 2011
    #4
  5. goldpelican

    goldpelican Administrator Staff Member

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    Interesting - backed by Perth Mint Unallocated gold.
     
    goldpelican, Dec 7, 2011
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  6. euphoria

    euphoria New Member

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    You'd think they would have AUD accounts then. This is something I am considering, or something similar. Just to put a portion of my salary each month into a 'gold' account.
     
    euphoria, Dec 7, 2011
    #6
  7. nonrecourse

    nonrecourse Well-Known Member

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    This little duck would not touch any unallocated or allocated storage. You have no guarantee they are not "borrowing" it and using fractional ponzi banking games with your bullion.

    Take delivery and store it in your safety deposit box in your capital city bank vault.

    Kind Regards
    non recourse
     
    nonrecourse, Dec 30, 2011
    #7
  8. jnkmbx

    jnkmbx Well-Known Member

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    Interesting bank, but...

    If you can't bone it, you don't own it >_>
     
    jnkmbx, Dec 30, 2011
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  9. Black_Sun

    Black_Sun New Member

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    The fees are excessive. Reminds you of a cow in a milking shed.
     
    Black_Sun, Dec 30, 2011
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  10. Wout

    Wout New Member

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    Hes a smart guy, when the mania eventually comes instruments like this will make him millions

    From all the videos, articles, debates, speeches etc Ive seen from Peter Schiff he seems a really nice bloke so I hope hes not blatantly ripping people off unlike Eric Sprott
     
    Wout, Dec 30, 2011
    #10
  11. Stackman

    Stackman Member Silver Stacker

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    Has anyone dealt with Euro Pacific ? I would be interested to hear any experiences - good, bad or indifferent.

    Being looking for an offshore bank account for some time now for a SHTF scenario - its been a very frustrating exercise. I am wondering if this one will fit the bill. Not too worried about the transfer fees as it won't be a transactional account.
     
    Stackman, Apr 8, 2013
    #11
  12. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    Singapore has the most solid banking jurisdiction on the planet. (and no capital gain tax)
     
    valuecreator, Apr 8, 2013
    #12
  13. Stackman

    Stackman Member Silver Stacker

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    Yeah Singapore looks good. Unfortunately the only way to open an account is to do it over there in person - none of the banks will let you do it remotely, not even via their Sydney offices. :(
     
    Stackman, Apr 8, 2013
    #13
  14. aleks

    aleks Well-Known Member Silver Stacker

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    plus you need to have a some sort of work/study visa and generally speaking a minimum balance of $3000 SGD
     
    aleks, Apr 8, 2013
    #14
  15. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    you can start your own company for about $2K. then you can open any acct you want and even sponsor yourself to reside there.
     
    valuecreator, Apr 8, 2013
    #15

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