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<p>[QUOTE="Gam3rBlake, post: 5004643, member: 115909"]The problem is that ETFs don’t allow you to hold actual physical gold/silver.</p><p><br /></p><p>If it was about profit making..well heck I make far more from regular tech stocks like Nvidia, Apple and Microsoft due to growth and dividends than I ever would from investing in a PM ETF.</p><p><br /></p><p>I just like to keep 10% of my portfolio as on hand precious metals that I can grab quickly and take with me in the event of a huge emergency such as a solar flare like the one in the 19th century that would’ve destroyed all our computers (and thus banking system) if it had happened today.</p><p><br /></p><p>The way I see it 1 oz of gold might be enough to bribe someone to get me somewhere safe. It’s a store of wealth more than it is an investment. Heck if it was an investment it would be a bad one to buy gold at all time highs for the last 5 years.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 5004643, member: 115909"]The problem is that ETFs don’t allow you to hold actual physical gold/silver. If it was about profit making..well heck I make far more from regular tech stocks like Nvidia, Apple and Microsoft due to growth and dividends than I ever would from investing in a PM ETF. I just like to keep 10% of my portfolio as on hand precious metals that I can grab quickly and take with me in the event of a huge emergency such as a solar flare like the one in the 19th century that would’ve destroyed all our computers (and thus banking system) if it had happened today. The way I see it 1 oz of gold might be enough to bribe someone to get me somewhere safe. It’s a store of wealth more than it is an investment. Heck if it was an investment it would be a bad one to buy gold at all time highs for the last 5 years.[/QUOTE]
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