by Published on Independent Trustee Company (27/05/2020) ◆ With the current level of uncertainty in world markets we have received numerous requests for information on how self directed pension schemes (pre and post retirement) can hold gold and silver. It is accepted that if gold bullion is held via a gold certificates ( Perth Mint Certificates with GoldCore) or in Secure Storage in a variety of local or international locations with GoldCore, then it is not considered a ‘pride in possession’ article or ‘tangible moveable property’, and so fulfills Revenue investment requirements for small self-administered pension schemes. This opportunity allows scheme members to avail of the diversification benefits and return potential of gold bullion in conjunction with other
Topics:
Mark O'Byrne considers the following as important: 6a) Gold & Bitcoin, 6a.) GoldCore, Daily Market Update, Featured, newsletter
This could be interesting, too:
Nachrichten Ticker - www.finanzen.ch writes Krypto-Ausblick 2025: Stehen Bitcoin, Ethereum & Co. vor einem Boom oder Einbruch?
Connor O'Keeffe writes The Establishment’s “Principles” Are Fake
Per Bylund writes Bitcoiners’ Guide to Austrian Economics
Ron Paul writes What Are We Doing in Syria?
| Published on Independent Trustee Company (27/05/2020)
◆ With the current level of uncertainty in world markets we have received numerous requests for information on how self directed pension schemes (pre and post retirement) can hold gold and silver. It is accepted that if gold bullion is held via a gold certificates ( Perth Mint Certificates with GoldCore) or in Secure Storage in a variety of local or international locations with GoldCore, then it is not considered a ‘pride in possession’ article or ‘tangible moveable property’, and so fulfills Revenue investment requirements for small self-administered pension schemes. This opportunity allows scheme members to avail of the diversification benefits and return potential of gold bullion in conjunction with other numerous asset class diversification and tax benefits that ITCs self-directed pension schemes can provide. Mark O’Byrne, Goldcore Founder and Research Director recently shared with us information about golds role and outlook in times of economic and geopolitical uncertainty, which you can view here. We would like to thank Mark O’Byrne, Stephen Flood and their team at Goldcore for sharing their research and thoughts with us. For further information on holding Gold/Silver in your self-administered scheme, please speak to your financial advisor. Full article via Independent Trustee Company here |
 |
You Might Also Like
Eastern European Nations Buy and Repatriate Gold Due To Growing Risks To Euro and Dollar
◆ Prudent leaders in Eastern European countries are repatriating their national gold reserves and diversifying into gold due to geopolitical risks and monetary risks posed to the dollar, euro and pound◆ Slovakia has joined China, Russia and a host of countries buying gold or seeking to repatriate their gold from the Bank of England and the New York Federal Reserve◆ “Brexit and the risk of a global economic crisis put Slovak gold stored in Britain in a dangerous situation …”
Global ‘Gold Rush’ Beginning As Investors and Central Banks Buy, Repatriate and Move Gold
◆ Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions. ◆ Gold and silver bullion coins and bars owned by GoldCore’s clients have been moved from Hong Kong to Singapore. ◆ Central bank and institutional gold rush is beginning as prudent money diversifies fx reserves by buying gold & repatriates their gold from London and New York.
Fed Is Monetizing 90 percent of U.S. Deficit to Keep Interest Rates from Rising and Crashing Markets
By Daniel R. Amerman, CFAAs can be seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between the yellow bars of the total weekly funding of deficits by the Federal Reserve, and the green bars of the weekly deficit spending by the United States government.
Outlook 2020 | Buy Gold and Silver To Hedge Massive Risks including U.S. ‘Insolvency’
Buy gold and silver to hedge risks in 2020. IG interview Mark O’Byrne of GoldCore
With late cycle risks and concerns about global growth, many Wall Street analysts are increasingly bullish on gold. Mark O’Byrne, founder at GoldCore spoke to IGTV’s Victoria Scholar about the outlook for gold in 2020.He explained why most analysts including GoldCore are optimistic on both gold and silver.
Gold Gains As Bank of England Slashes to Emergency Rate of 0.25percent and ECB Warns Of 2008 Style “Great Financial Crisis”
◆ Gold prices rose by 0.6% today as the Bank of England slashed rates in an emergency move to 0.25% and the ECB looks set to follow as it warned of a 2008 style crisis overnight. ◆ The Bank of England slashed its main interest rate to 0.25 percent this morning in a emergency move to combat the fallout from the coronavirus outbreak on the UK economy.
Gold Surges To New Record Highs in Euros at €1,581/oz and $1,726/oz in Dollars
Gold prices surged to new all time record highs in euros and other digital fiat currencies today due to concerns about the outlook for risk assets and currencies in an era of unprecedented economic and monetary risk.
Gold Will Reach $3,000/oz: “Fed Can’t Print Gold” and Is “Ultimate Store Of Value” – Bank of America
Gold in USD – 3 Days Gold prices are 0.7% higher today after falling just 0.3% yesterday as traders sought refuge in safe haven gold as oil prices collapsed lower again. Oil slumped to nearly $15 a barrel, its lowest since 1999 as the economic fallout from government lockdowns and the shutting down of entire economies impacts risk assets and commodities dependent on economic growth.
Pandemic, Lockdowns, Fake and Manipulated Markets – Gold and Silver Outlook
◆ The massive global debt driven “Everything Bubble” is bursting due to the pandemic and more specifically the governments draconian economic lockdowns. ◆ A dollar crisis is inevitable with U.S. government debt surging by some $2 trillion in a matter of weeks and ballooning to over $25 trillion
Tags: Daily Market Update,Featured,newsletter