Is it smart to buy physical gold?

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Anthony Lowe asked a question: Is it smart to buy physical gold?
Asked By: Anthony Lowe
Date created: Sat, May 1, 2021 7:16 PM
Date updated: Fri, Jul 22, 2022 5:50 AM

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Top best answers to the question «Is it smart to buy physical gold»

Investors should avoid taking physical possession of their gold or silver unless they believe there is an emergency. It's much safer to have your bullion stored in a secure vault. It's also much easier to sell your metals that are stored in a secure vault because you don't break the chain of custody.

Physical gold is one of the best forms of long-term wealth protection. It is ideal for your heirs since it will outlast any currency they may use in the future. Physical gold is not subject to the risks that come with paper assets. It can't be hacked or erased.

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