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TopicWhy buy physical Gold and Silver in America?
Darkman124
12/29/18 5:20:36 PM
#26:


also more broadly, index ETFs exist that hold physical gold in vaults with minimal expense ratios, so if you really want precious metal exposure there's no reason to buy physical gold and try to deal with storing + exchanging it yourself (at great transactional cost each step)

unless you are afraid of a total run on the bank. the ETFs have 2:1 leverage (assets outstanding:gold held in vaults to trade and cover sale costs) which is very reasonable. most banks have far higher leverage.
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