I agree that if you store bullion in bank lockers or in the form of ETF, it makes the deposits more vulnerable to seizure. But if you keep gold in the physical form, and store it by yourself, it will be quite hard for the authorities to confiscate it. It is very easy to hide physical gold or silver, unlike the case with fiat cash or equities.

I think that hiding fiat as cash is not much harder than hiding physical gold or silver. In fact, paper money is even easier to hide. You can't saw a gold bullion in half (of course, you can physically, but I guess that would be the last thing you might want to do), but you can easily divide a stack of cash (of the gold nugget's worth) into smaller portions and hide them in different places...

I was just implying that storing the wealth in the form of fiat banknotes might take up a lot of space when compared to storing the bullion bars coins or diamonds, making it more prone to seizure by the state.


Recently, 10 Oz (321.5 gram) gold bars in New York were found having a titanium core inside. So it is possible to fool investors and collectors with bullion coins and bars.

http://www.businessinsider.com/fake-gold-bars-2012-9?IR=T

I guess you are wrong on this too. A 100 dollar bill is currently the largest US denomination in general circulation. A packet of one hundred $100 bills contains $10,000 and is less than 1/2" thick, weighing around 100 grams (fits easily in your pocket). Now compare 4 such packets ($40,000 and 400 grams), which you can conveniently put in your side and inner pockets (and flee away), with a standard gold bar of 1000 grams in mass (32.15 ounces, and roughly the same value), which is used extensively for trading and investment...

Which is easier to carry and store?

I'll agree that there are pros and cons but with so much fake gold out there, I would walk away with bitcoins. Chances are the gold was tungsten filled

I think I will go for the gold, because gold is some thing that i really think it will never be vanished or scammed me, or some one scam me. But BTC it could be possible that some one will scam me at any time, when im trading, the site in which i deposited my btc. These are the things that i will go for gold.

same you can't fake bitcoin so easily beisides double spending, also gold is more restricted in term of control from autorithy, there is zero privacy at all, while bitcoin, if you don't exchange them you can hold a fortune and no one will ever know about it

Was watching a program recently and they were saying that fort knox does not have that much gold yet they everybody claims that is where all the US gold is kept. Then why all the high security to keep an empty building protected when it has little gold in it?

Think you kinda missed the point of that program, they wont admit there is fuck all left and will not allow an independent audit.