The current dire condition of global economies is causing investors to flee paper financial instruments in record numbers. Increasingly, the flight is to precious metals, like silver and gold, where many feel secure in the knowledge that their investment will always hold intrinsic value.
An eventuality that many precious metals investors have failed to recognize is the possibility of wealth confiscation, should financial systems collapse entirely. As this likelihood becomes greater, laws governing locations where assets can be shielded from government tracking become ever more stringent. This invasion of financial privacy has spread worldwide. Virtually every nation has accepted the fact that the US government can, and will exact agonizing penalties on any foreign bank that dares conduct business with American clientele.
How can potential loss of precious metals be “hedged?” The only answer is to diversify wealth among several countries with differing political systems. Internationalization can protect your assets from the political risk of holding intrinsically valuable assets in the face of fiscal upheaval.
http://safehaven.com/article/25029/getting-your-gold-out-of-dodge
