Snipersham
Registered User
- Messages
- 31
I’m always sceptical about the whole doomsday hypothesis for gold.While the cost of acquiring the gold is important, let's not forget shipping costs, insurance costs, storage costs and ability to sell (plus related costs), at short notice.
Assuming you aren't making jewellery with it, the only other reason I can think of for wanting the physical gold, is for Dooms Day Prep'ing, of one form or another.
Why hold physical gold, of you don't mind me asking?
Gold will be worthless in a doomsday scenario. It will be food and water people need.The doomsday scenario is not aliens and killer robots, it's the collapse of fiat currency and the return to bartering shiny objects.
Will it be worth less than a fist full of banknotes?Gold will be worthless in a doomsday scenario. It will be food and water people need.
The notes and the coins will have the same value-nil.Will it be worth less than a fist full of banknotes?
You’d be better off shunning the tinfoil hat conspiracy nonsense.Hi I'm interested in grannies brooch from the back of the sofa via any online bric-a-brac.
I want a physical assets that I have control over, not piece a paper that says I own x amount of it, let me be clear we talking about a modest sum not something of Auric Goldfinger proportions.
Which is why i asked about the firms who sell it (like the few i have named above). I would like to purchase it for the cheapest charges possible.
I have zero faith in any bank guarantees so have decided to move funds into various other assets and keep a very modest sum with our financial controlling overlords.
If we're in a barter economy, what is anyone going to want with some shiny yellow metal bars?The doomsday scenario is not aliens and killer robots, it's the collapse of fiat currency and the return to bartering shiny objects.
Not interested in paying added premium for coins nor additional fees such as auctioneers comission, my best options seem to merriongold, goldcoreProbably the easiest way would be to purchase soverigns via an auction house. However you would be paying auctioneers commission
What has a bank guarantee got to do with investing?No conspiracy theorist here, I simply want to put some of my hard earned into assets that are more tangible because I don't have faith in the bank guarantee.
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