If you are a gold holder and have an eye on the long term trends of the world, you feel confident in your monetary insurance and the potential for asset inflation in gold. I am. Copying the Chinese, Indians and Russians, I am in a monthly process of accumulating again to get my stocks back up to a set % of total assets. Question bouncing around is what to do if the price does jump significantly? How would one handle the taxes on that appreciation? What if they label me a kulak and come for my gold? Here is one suggestion. Buy income generating real estate with the gold.
The powers that be want an orderly, slow rise in gold. If forced to estimate, I would say $5000/ounce is that threshhold of tolerance for the elite before they'd set up the new system (whether internal or imposed by China-Russia). To borrow from the voice/exit idea, buying gold is voicing displeasure with the petrodollar system but simultaneously giving the holders a ticket for a possible exit. Scenarios of $10,000/ounce and higher are lower probability and would mean a world where you'd hold onto the gold because severe collapes would be upon us. Bullion banks are now positioned long, and the entire system did a great job of suppressing gold as gold has shifted from the west to the east. If the rise continues, eventually the late adopters will show up. You are still getting laughed at for holding gold. Your mom is still thinking of trading in her gold jewelry. When those shoeshine boy type markers flip, that is when you consider heading for the exits. How much of the rise in Bitcoin is due to people fleeing the dollar but feeling that gold is rigged right now? Still, what to do? Buy property that generates an income stream with your gold.
It sounds odd in our sea of stock propaganda, but land that produces some form of income is the greatest asset in America. It is the majority of wealth in the asset split charts for Americans. A great thing about a bubble in gold is that new buyers will overvalue gold and if suppression continues, deals of property for gold could become a reality. What is the benefit to you? Well you turn that gold into a real asset that suddenly is generating an income stream. Do not sleep on the idea of buying farmland acreage but leaving the sellers on the land as tenant farmers. More importantly, you do not have to pay taxes on your gold capital gains until you sell the property. Want to help out the seller and use the gold outside the official sale so they can sell the property for a lower price minimizing their taxes (if a gain). Taxes and death are certain, but delaying taxes is the next best thing to avoiding them. Ask Warren Buffet about the P&G-Gillette stock deal. This is not advice but just a note for gold holders to think about as things get odder.
*Not investment advice, just suggestion if you're like me and wondering what to do next