Ponce
24th February 2016, 10:11 AM
When the government start confiscating guns the first place that they will go will be to those who have registered guns, and do you think that they will start when they start to do the same with precious metals?........
And of course, they will sell and resell your PM till there is nothing left......... "IF YOU DON'T HOLD IT, YOU DON'T OWN IT".
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There are three certain things in life: death, taxes and paying vault storage fees to keep your gold safe. Or at least there were: recently the third of these certainties got somewhat muddied when, over the past year the government of India unleashed an attempt to soft-confiscate the nation’s publicly held gold, by offering to pay interest for said gold. Incidentally, the effort has failed miserably as India has been able to collect only a few tons of gold as part of this gold monetization scheme.
Where India succeeded was to finally quash the old saying that gold does not pay dividends. It does, but until now the dividend was only available in one country.
That has now changed and as of this moment, a Canadian physical gold distributor, Canadian Bullion Services (profiled recently by the Globe and Mail) has boldly gone where only India has gone before, and is offering to pay interest to its gold and silver customers if they hold their precious metals at the bullion dealer. In fact, based on the tiering of interest, CBS will pay as much as 4.5%/year if the gold deposited for at least 3 years.
Surprised? Wait until you see the full offer:
Earn Interest on Your Bullion
(BOOST) STORAGE ACCOUNT
Canadian Bullion Services is happy to introduce a new service exclusively to our clients. Purchase gold and silver and hold gold and silver in secure storage; and earn interest just by keeping gold and silver in the Boost storage account.
What is The Boost Storage Account?
The Boost Storage Account is a proprietary program developed exclusively by Canadian Bullion Services. In a nutshell, the program allows investors to:
•Purchase gold and silver;
•Hold gold and silver in secure storage; and
•Earn interest just by keeping gold and silver in the Boost storage account.
Is this a new idea?
We would like to say we thought of it ourselves, but the idea is very popular in the Eastern parts of the world, where governments, banks, and bullion dealers have a variety of storage interest bearing accounts for their hard assets.
Benefits at a glance:
1.Purchase physical gold and silver for safety and growth.
2.Have your gold and silver secure in a vault.
3.Earn interest while your gold and silver is safely in storage.
4.Get full transparency – receive monthly audited statements.
The Program is right for you if:
•You desire the safety of hard assets like bullion but want your bullion working for you;
•You wish to participate in the potential growth of the bullion markets (hard assets only, no paper assets);
•You would like to receive interest payments while storing your gold and silver;
•You believe in a buy-and-hold strategy; and
•You want your bullion stored safely and securely.
How does the Boost Program work?
•Purchase a minimum of 500 ounces of silver or 10 ounces of gold (does not matter which Mint)***
•Store the gold and silver at one of Canadian Bullion Services secure depository vaults.
•The Boost accounts are yearly accounts. Interest earned is based on holding time: ◦Store your bullion for 1 year and earn 2.5%/annum on your bullion*
◦Store your bullion for 2 years and earn 3.5%/annum on your bullion*
◦Store your bullion for 3 years and earn 4.5%/annum on your bullion*
•At the end of the term you can renew your Boost Program or have your bullion delivered**
•Your interest is earned monthly with actual physical bullion.
Link at Zero Hedge
And of course, they will sell and resell your PM till there is nothing left......... "IF YOU DON'T HOLD IT, YOU DON'T OWN IT".
================================================
There are three certain things in life: death, taxes and paying vault storage fees to keep your gold safe. Or at least there were: recently the third of these certainties got somewhat muddied when, over the past year the government of India unleashed an attempt to soft-confiscate the nation’s publicly held gold, by offering to pay interest for said gold. Incidentally, the effort has failed miserably as India has been able to collect only a few tons of gold as part of this gold monetization scheme.
Where India succeeded was to finally quash the old saying that gold does not pay dividends. It does, but until now the dividend was only available in one country.
That has now changed and as of this moment, a Canadian physical gold distributor, Canadian Bullion Services (profiled recently by the Globe and Mail) has boldly gone where only India has gone before, and is offering to pay interest to its gold and silver customers if they hold their precious metals at the bullion dealer. In fact, based on the tiering of interest, CBS will pay as much as 4.5%/year if the gold deposited for at least 3 years.
Surprised? Wait until you see the full offer:
Earn Interest on Your Bullion
(BOOST) STORAGE ACCOUNT
Canadian Bullion Services is happy to introduce a new service exclusively to our clients. Purchase gold and silver and hold gold and silver in secure storage; and earn interest just by keeping gold and silver in the Boost storage account.
What is The Boost Storage Account?
The Boost Storage Account is a proprietary program developed exclusively by Canadian Bullion Services. In a nutshell, the program allows investors to:
•Purchase gold and silver;
•Hold gold and silver in secure storage; and
•Earn interest just by keeping gold and silver in the Boost storage account.
Is this a new idea?
We would like to say we thought of it ourselves, but the idea is very popular in the Eastern parts of the world, where governments, banks, and bullion dealers have a variety of storage interest bearing accounts for their hard assets.
Benefits at a glance:
1.Purchase physical gold and silver for safety and growth.
2.Have your gold and silver secure in a vault.
3.Earn interest while your gold and silver is safely in storage.
4.Get full transparency – receive monthly audited statements.
The Program is right for you if:
•You desire the safety of hard assets like bullion but want your bullion working for you;
•You wish to participate in the potential growth of the bullion markets (hard assets only, no paper assets);
•You would like to receive interest payments while storing your gold and silver;
•You believe in a buy-and-hold strategy; and
•You want your bullion stored safely and securely.
How does the Boost Program work?
•Purchase a minimum of 500 ounces of silver or 10 ounces of gold (does not matter which Mint)***
•Store the gold and silver at one of Canadian Bullion Services secure depository vaults.
•The Boost accounts are yearly accounts. Interest earned is based on holding time: ◦Store your bullion for 1 year and earn 2.5%/annum on your bullion*
◦Store your bullion for 2 years and earn 3.5%/annum on your bullion*
◦Store your bullion for 3 years and earn 4.5%/annum on your bullion*
•At the end of the term you can renew your Boost Program or have your bullion delivered**
•Your interest is earned monthly with actual physical bullion.
Link at Zero Hedge