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<p>[QUOTE=&quot;krispy, post: 858987, member: 19065&quot;]For the casual gold buyer who doesn&#039;t follow the nuances of the sector and finds it tedious to learn, tying up their money in physical is probably a hard sell convincing them to buy these bars and coins rather than managed paper that&#039;s already a part of their portfolio... as well, it&#039;s often just as hard to convince them how bad of a deal they are getting buying jewelry to obtain PMs. A good point you raise on some people&#039;s willingness not to relate PMs and other goods as physical assets no matter how abstract that statement gets interpreted. </p><p><br /></p><p>I suspect individual investors buy paper PMs because they like the smaller price tag per share of a fund to that of an ounce of precious metals. They likely believe some of the fund literature that they don&#039;t understand especially if it tells them they are getting more for their money per share, by it being diversified investment broken up&nbsp; in bullion holdings, mining company stocks and such things that some fund compositions may contain. The hands-free <i>safe</i> thing to do with their invested income is probably appealing and an easier sell than asking them to manage their own investments in such turbulent times and volatile markets where they feel nearly obligated to buy into some form of PMs. I&#039;m talking paper there in case I&#039;m sounding too vague in my generalizations. Put the bullion in their hands and they&#039;ll likely say, &quot;Neat! Now what?&quot;[/QUOTE]</p><p><br /></p>

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