NST 0.42% $14.20 northern star resources ltd

Anyone own physical gold?, page-2

  1. 515 Posts.
    lightbulb Created with Sketch. 118
    Id say yes for a lot. Best storage is bottom of ocean or lake.

    Not being facetious, avoid the etf. You own physical gold to minimise counter party risk and as a non financial asset. To 'own it' as part of a financial instrument is defeatist imo. I own stocks for leverage to the price of the metal. I own gold for portfolio insurance.

    There will come a time and price (much higher) where i will sell or exchange the former. The latter i hope to die with or pass along to kids. Pray i never need it.
    Last edited by LambDownUnder: 22/03/22
 
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