how to get started in gold?, page-6

  1. 40 Posts.
    "Plus if gold does spike to some insane figure, what's to guarantee the Mint won't say "Sorry Sir, we don't have your gold anymore". I know I'll have legal recources, but there is always value in having something in your hands as compared to on a piece of paper or on the computer screen."

    Whether the gold prices goes up or down heaps does not affect the Perth Mint in any way - we do not own precious metals, it is owned by our Depository clients.

    Having physical is a good idea, but many do store it with us because they are not as comfortable about the risks of it being stolen.

    You could also look at storing it in non-bank safety deposit box - there is one in Sydney, Melb & Brisbane.
 
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