Does anyone here buy physical gold / silver to hedge against inflation or as diversification for your investments? - Seedly

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Asked by Brenda

Asked on 11 Sep 2018

Does anyone here buy physical gold / silver to hedge against inflation or as diversification for your investments?

If you do, where are the best places to buy from and how best to store them ? A total newbie in this area so any info will be much appreciated!

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Mohd Farik Omar
Mohd Farik Omar

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Level 2. Rookie
Updated on 07 Jun 2019

I do buy physical gold and silver as part of diversification. It's a small percentage of my total investments, maybe about 10%. It's more of a collection than an investment honestly. I have more silver than gold; more bars than coins and I keep it at home. I buy from here -https://www.bullionstar.com/?r=449

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Brenda

11 Sep 2018

Thank you..
Good Day Every Day
Good Day Every Day
Top Contributor

Top Contributor (Nov)

Level 6. Master
Answered on 15 Sep 2018

No, gold and silver cannot earn dividends.

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Gold or precious metals are more like an insurance rather than investments. When market is down, the price will definitely soar. But do you think people will actually purchase it at soared prices rather than purchasing necessities like food?

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