Thank you. One thing you failed to highlight waz how Gold shot up aggressively From last year to this year! Last year gold waz just under 2k per! As of today it's dayummm near 2800 us per oz!!!!!!!
Hi, thank you for your comment. You're absolutely correct. We have seen gold hit record highs several times this year. This is part of the long term trend - gold has gone up over 700% in the past 20 years. Meanwhile, the buying power of £1 has dropped to just 50p in the same period. We all know that gold has a history of performing well in times of uncertainty and with all the chaos across the globe right now, gold shows no sign of slowing down.
And riskier, you are completely beholden to company issuing the etf. If that company goes bust how are you going to cash in? The reason to hold gold is purely for wealth protection, when you own physical, it’s under your terms, no one else’s.
It depends on the country you stay in. In Norway we pay 25% tax on all bars. This is why we only buy 1oz coins.
Is Silver in Norway is Tax free?
Gold coins are easier to travel with.
I never buy gold bars, only coins. Gold bars all have a number (like banknotes). All things with a number are easy to trace.
In the UK legal tender gold coins are free of all taxes. Bars are not. Nuff said.
Thank you. One thing you failed to highlight waz how Gold shot up aggressively From last year to this year! Last year gold waz just under 2k per! As of today it's dayummm near 2800 us per oz!!!!!!!
Hi, thank you for your comment.
You're absolutely correct. We have seen gold hit record highs several times this year. This is part of the long term trend - gold has gone up over 700% in the past 20 years. Meanwhile, the buying power of £1 has dropped to just 50p in the same period.
We all know that gold has a history of performing well in times of uncertainty and with all the chaos across the globe right now, gold shows no sign of slowing down.
how
How what?
If you want to buy you can go to any shop that sells gold. Even a jeweller. Just make sure the people you buy from are reputable people.
@@shadowstorm5261 how do you buy online. No travel
ETFs are easier and lighter
And riskier, you are completely beholden to company issuing the etf. If that company goes bust how are you going to cash in?
The reason to hold gold is purely for wealth protection, when you own physical, it’s under your terms, no one else’s.
that ETF is closer to a bitcoin. when the power is out you don't own anything.
If the power is out - at that level…we have bigger problems :)
If you do not have it , you do not own it
Ew taxes