Wednesday, December 3, 2008
Oh no, not another gold article
Thought I'd post this because a number of interesting points arise. One is the huge spread on buying bars and coins. Buying gold for investment would seem best done by holding it indirectly. However, holding physical gold in case of economic collapse appears to raise other problems. If you own allocated gold, can you be sure of liquidating it when needed? Using physical gold, assuming you can get your hands on it, as currency does not seem practicable given the value of the smallest coins. Maybe have physical gold stashed safely away until the economic maelstrom passes is the only logical point of holding it. What do the gold aficionados here think?