2 ms·
I own physical gold, not a lot. Here are some reasons I bought it: a) It's a store of wealth. I don't expect to be able to go buy groceries with it, however I
by secondcoming 6y ago
I own physical gold, not a lot. Here are some reasons I bought it:
a) It's a store of wealth. I don't expect to be able to go buy groceries with it, however I do expect to be able to cash it in for fiat post-depression if I need to.
b) I can move it abroad easily enough if I need to. I have immediate access to it.
c) It's cool.
It has also doubled in value since I bought it.
I am old enough to remeber the chaos in the silver market a few years ago, where it went to $50 per ounce and then crashed in two or three days. I'm not one of those morons.