Who here invests in physical Gold?

[Fthree]

As the title states.... I’ve been thinking about purchasing some for a while now but haven’t yet as I am more of a stock/fund investor. If you do purchase or do not please give me your thoughts on the subject and how with the way the worlds currencies are going If you think it would be a good idea or bad. Thanks!

 

[smallcoffee]

It’s ok if you have a sizable net worth and want to use it as protection against inflation, but that’s about it. If the “world ends” it’s useless. Also has a danger of losing mindshare as a store of value.

 

[Gutwrench]

Other than some 24k rings and small art pieces I don’t have gold. (My former wife has quite a lot of 24k jewelry.)

In the mid-70’s I bought an ounce for my parents‘ anniversary. It was a small stamped rectangle they kept on a knickknack shelf. It’s MIA now.

 

[sunapple]

And the follow-up question: Where do you live? 😏

I don’t know what I would want to be more nervous about, currencies and their future or where to hide the gold...