Money Laundering & Gold

I have warned that if you are going to buy gold, make sure it is common date $20, $10, or $5 gold coins since bullion is going to become a dirty word. As of April 1, 2015, Chase Bank in the U.S. is advising its clients who rent safe deposit boxes that they may not use a safe deposit box to store cash or gold.

According to their new policy, “Contents of box: You agree not to store any cash or coins other than those found to have a collectible value.”

In other words, simply storing gold bullion or cash is now considered to be money laundering as you are hiding assets from the government .... http://www.armstrongeconomics.com