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Gold is fairly illiquid when you need cash in an emergency. There’s also some volatility to it. Those are two things you really don’t want in a store of value.
by pmiller2 7y ago
Gold is fairly illiquid when you need cash in an emergency. There’s also some volatility to it. Those are two things you really don’t want in a store of value.
- growlist 7y agoYou'll likely still be able to sell gold for something in all but the very worst SHTF scenario. I'm not sure you can say the same about many other types of investment. Those ETFs won't buy many rabbits for the pot.
- kragen 7y agoIt's a good point though that silver is often more practical. Silver is also a hell of a bargain today (relative to gold).