Asked by Brenda

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
    Level 2. Rookie
    Answered on 11 Sep 2018

    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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  • Jason Sin
    Jason Sin
    Level 5. Genius
    Answered on 15 Sep 2018

    No, gold and silver cannot earn dividends.

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  • Jay Liu
    Jay Liu, Diploma in Accountancy at KHEA
    Level 6. Master
    Answered on 15 Sep 2018

    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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