Government of Germany plans to limit anonymous gold purchases to 2,000 Euros in 2020

Discussion in 'Gold' started by willrocks, Jul 12, 2019.

  1. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    https://www.finanzen100.de/finanzna...000-euro-anonym-bekommen_H367056154_10916613/
     
    willrocks, Jul 12, 2019
    #1
    jultorsk likes this.
  2. prospect

    prospect Active Member

    Joined:
    Mar 22, 2019
    Messages:
    85
    Likes Received:
    81
    Trophy Points:
    43
    Location:
    Melbourne, Australia
    And coming to a country near you real soon!
    All the more reason to purchase the physical yellow metal now while it still can be done anonymously.
    And if you are buying, try to purchase more of the smaller fractional coins such as the 1/10 ounces, rather than the 1 ouncers.
    With the gold price possibly going to $10k or more in the coming years, it will be difficult to sell the larger coins anonymously for cash
    even in private transactions on forums such as on here.
     
    prospect, Jul 12, 2019
    #2
    66rounds and sammysilver like this.
  3. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,971
    Likes Received:
    6,627
    Trophy Points:
    113
    Location:
    Sydney
    Yes, 10oz silver and 5gm gold for cash transactions will probably be affordable.
     
    sammysilver, Jul 12, 2019
    #3
    66rounds likes this.

Share This Page