Asked on 05 Mar 2020
Should I trade in Gold or invest in Gold in through various platforms?
pro: gold on hand, when crisis there
con: higher fees for buying and fees plus uncertainty of storing/safety
pro: cheaper buying, theoretically backed up by physical gold safely stored
con: relatively high annual TER costs, "paper gold" or "electronic gold", in case of crises, who would buy that and what if out electricity/telecom system crash?
maybe mix both worlds?
my gut feeling says: physical gold in small units (unfortunatly relatively more costs) would be best in use as crisis money