24 Karat Gold Jewelry - Confiscation Proof Alternative To Gold Bullion And Easier To Carry
24 karat gold jewelry is popular and well sought after.
Not only is it a beautiful and desirable object of adornment, it also has another practical function in that it is a globally recognized form of currency perfect for transporting wealth through customs most anywhere you travel.
24k gold jewelry has many benefits over other ways of accumulating wealth.
There are rules, regulations and taxes that affect other methods of acquiring wealth that are not applicable to jewelry made of solid gold.
When once it was fashionable to store your gold in gold bullion and coins, now it is seen as cumbersome because gold bullion is not as easily transported.
Gold bullion has been confiscated by government before, cheating the owners out of a significant portion of its value and it may be confiscated again at any time; probably in the name of national security and preventing money laundering.
Horror stories surface occasionally and recently of gold bullion coins being confiscated by customs agent in countries where a traveler merely makes a flight stopover.
After all, gold is a precious metal and will not be in bountiful, easy to mine, supply forever.
Outside the United States, its value is even more well understood.
Fine gold jewelry is not regulated by governments the way the money markets and stock markets are regulated.
It has a global value and that does not change depending on what country you are in.
So no matter what area of the globe you travel to, the value of your 24 karat jewelry will have an international desirability.
Storing your gold in jewelry form is highly desirable because it is easily transported.
What easier way to carry some wealth internationally than to wear it, rather than store it in your luggage and risk it going missing.
Because gold is a globally recognized form of currency, especially in Asia, taking a link off a baht necklace to pay for something is a natural and common form of payment and easily done.
Baht is the currency of Thailand and it is an ancient tradition to pay for goods and services with baht gold jewelry.
Pure gold chains and a pure gold bracelet have a value all on their own other than being exquisite in beauty.
One thing to watch out for is that you buy your 24 karat gold jewelry from a reputable dealer, as anything less than 99.
9% pure gold will only have a value based on its beauty and will not have a currency component.
The item could only be resold or melted down to extract the pure gold content and that's often not something a dealer wants to do when there a solid gold alternative available.
Not only is it a beautiful and desirable object of adornment, it also has another practical function in that it is a globally recognized form of currency perfect for transporting wealth through customs most anywhere you travel.
24k gold jewelry has many benefits over other ways of accumulating wealth.
There are rules, regulations and taxes that affect other methods of acquiring wealth that are not applicable to jewelry made of solid gold.
When once it was fashionable to store your gold in gold bullion and coins, now it is seen as cumbersome because gold bullion is not as easily transported.
Gold bullion has been confiscated by government before, cheating the owners out of a significant portion of its value and it may be confiscated again at any time; probably in the name of national security and preventing money laundering.
Horror stories surface occasionally and recently of gold bullion coins being confiscated by customs agent in countries where a traveler merely makes a flight stopover.
After all, gold is a precious metal and will not be in bountiful, easy to mine, supply forever.
Outside the United States, its value is even more well understood.
Fine gold jewelry is not regulated by governments the way the money markets and stock markets are regulated.
It has a global value and that does not change depending on what country you are in.
So no matter what area of the globe you travel to, the value of your 24 karat jewelry will have an international desirability.
Storing your gold in jewelry form is highly desirable because it is easily transported.
What easier way to carry some wealth internationally than to wear it, rather than store it in your luggage and risk it going missing.
Because gold is a globally recognized form of currency, especially in Asia, taking a link off a baht necklace to pay for something is a natural and common form of payment and easily done.
Baht is the currency of Thailand and it is an ancient tradition to pay for goods and services with baht gold jewelry.
Pure gold chains and a pure gold bracelet have a value all on their own other than being exquisite in beauty.
One thing to watch out for is that you buy your 24 karat gold jewelry from a reputable dealer, as anything less than 99.
9% pure gold will only have a value based on its beauty and will not have a currency component.
The item could only be resold or melted down to extract the pure gold content and that's often not something a dealer wants to do when there a solid gold alternative available.
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