Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Question For Bob

February 14, 2011 by  

Dear Bob,
What do you think about buying options in gold, silver and other precious metals?

Sarah Weissbard

 

Dear Sarah Weissbard,

Options provide terrific leverage and the opportunity to make great profits, but because the odds are against option buyers (three out of every four expire, worthless) I do not encourage purchasing options in precious metals. Instead, I prefer to hold gold and silver in my possession for use as a hedge against inflation and when the economy collapses and gold and silver is used for barter. The only exception is the Perth Mint. The Perth Mint is located in Australia. It is a 100-year-old mint owned by the government of Western Australia. In the Perth Mint Certificate Program bullion can be purchased at the mint’s spot market ask price with no markup. There is a service fee and administrative fee, but storage is free. Safety is assured because the metals remain on site and cannot be lent out.

Best Wishes,
Bob

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

Facebook Conversations

Join the Discussion:
View Comments to “Question For Bob”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.