How to Invest in Gold Using Offshore Banks

It's clear that we are now in the middle of the worst financial crisis since the 1930's, but we are nowhere near the bottom yet. The gold market is being seriously manipulated. So, while it's a great safe haven investment in theory, don't buy paper gold or digital gold. Buy REAL GOLD, physical gold, bullion like gold bars and coins!

Below is my latest blog entry on investing in gold. You'll find more info and background reading around gold price manipulation if you visit my website at Q Wealth Report.

Bernanke is about to fire up the printing press to maximum capacity. The dollar surged today against all logic (stock market down, the Fed printing money like never before...) But I predict it will do an about face and precious metals will break out in spectacular fashion. Buy gold, physical only...ignore the manipulated paper market.

Why do I say that? Because the whole point of buying gold is that you can't print it. Or can you?

As I predicted last week, we are seeing a big and growing divergence between the official gold 'spot' price and the price at which you can actually buy the stuff.

Why is this? I found a good reply on marketwatch.com to someone who said you can't print gold out of thin air:

Actually they are (sort of) [printing gold out of thin air] and that's why gold is not currently at $1200 +. If you do not have physical possession of your gold then how do you know its there? Go to any of the gold sales houses (Kitco for example) and you will see a disclaimer that says that supplies are low and there are delays with sending the gold out - because supplies are low??? (what ever happened to prices going up because of supply and demand like it does for oil?) But then there are ways to buy gold where you never actually take possession of it - you have the word of the company that it is there thought so you should feel ok. Well, what if they take your 100oz. of gold that they have in storage and sell it on paper a few more times. As long as no one wants it delivered they are good to go - printing gold out of thin air. What I would be interested to see is everyone that has paper gold to demand possession - I suspect a bunch of problems for many sellers because I seriously doubt they would be able to make good on even most of the paper claims - then see where spot prices go to%u2026

If you need any evidence of this, well Swiss banks are seriously worried about it at the moment because they are short on their gold and silver certificates. I wrote about this yesterday over at petermacfarlane.net

If you have some of those strong dollars, I truly believe you should keep on buying physical gold. Forget all other types of gold!

We are certainly living in exciting times. After some years we will come out of this crisis. Some people will be a lot poorer, and others a lot richer. Which group will you be in? Join us now and you will have the chance to preserve your wealth and see it grow!

P.S. The freedom, wealth and privacy information we publish here has never been more necessary nor more in demand. We are now offering a FREE SAMPLE COPY (back issue - our choice) of The Q Wealth Report to anyone interested. All we ask is that you sign up for our free email newsletter, Q Bytes. You can join free and receive your free sample copy right now using the sidebar on your right (or, if you are viewing us via an RSS feed, simply visit http://www.qwealthreport.com/q_bytes.php)

Here are my seven offshore investing precious metals strategies. I explain the advantages and also the pitfalls of each method.

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Strategy one: Buy bullion and hold it! The simplest sounding way to invest in gold until you try to do it. We explain and refer you to discreet and reliable banks and storage facilities in Switzerland and elsewhere. Gold can be allocated in your name, held in your personal offshore safe deposit box, held in a pooled metals account or of course shipped to your home.
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Strategy two: Buy ETFs (Exchange Traded Funds) - with these you can hold gold in your regular brokerage account. Our Q Experts generally do not recommend ETFs. Yes they are convenient, but you have to trust the banking and brokerage houses! Not smart.
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Strategy three: Goldmoney is a way to trade online gold held in vaults in Switzerland and the UK
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Strategy four: US taxpayers can now hold Gold and Silver in their Individual Retirement Account (IRA)
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Strategy five: Perth Mint certificates are another option, backed by the Western Australia government. The Q Wealth Report can refer you to Perth Mint Certificate Program agents facilitating transactions through Switzerland, Panama and elsewhere.
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Strategy six: Variable Annuities and Life Policies, also known as 'insurance wrappers', offer a way to package any investment portfolio, including precious metals holdings, inside an insurance policy. This can have significant tax advantages for residents of many countries including the USA, UK, Western European countries and South Africa.
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Strategy seven: Gold mining stocks. Invest, literally, in a gold mine!