Gold Bullion Account

Is investing in gold or silver a wise investment in this age of uncertainty?
Hi all, Any good advice on gold investment vs other investment ? How about investing in Gold certificate, gold savings account or buy gold bullion coins. What the difference & Which is a better choice ? Is investing in silver a good choice now as the price is very low compare with gold. I will never trust in Unit trusts as 100% of my investment has gone the drain, so now trying to DIY. Hope to hear from any guru
Write from the city of Singapore.
Plenty of uncertainty around. I live in the USA, and despair at the clearly inflationary policies. As such, I think that gold and silver will hold value during times of inflation far better than cash, stocks, or bonds.
The problem with certificates and savings accounts is that if things really go wrong, you are holding a piece of paper. There are downsides to owning physical gold, too, but I feel those are more addressable.
I don’t know your circumstances, so I am reluctant to tell you to invest everything in gold and silver. However, if you don’t need to get at the money for a year or two, I would recommend exactly that. I feel that both will appreciate nicely.
Hunt up a coin shop near you. If you find one that will sell you bullion coins at a small premium over spot, cultivate a relationship with those folks.
Grandpa
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Report, Together with Minutes of Evidence, and Accounts, from the Select Committee On the High Price of Gold Bullion $20.90 This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR’d book with strange characters, introduced typographical errors, and jumbled words. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is cultu… |
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Report, together with minutes of evidence, and accounts, from the Select Committee on the High Price of Gold Bullion. Ordered by the House of Commons, to be printed 8 June, 1810 $18.62 This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continu… |
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England’s Interest And Improvement, Consider’d In The Increase Of The Trade Of This Kingdom: In Which Is An Account Of Our Commerce With The Several … Also Of Gold Coin And Bullion Transported … $12.69 This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the… |