Have you ever bought or invested in gold, and/or you would like do do so?
It is important that you know how it works and why owning gold can be interesting. If you want to own physical gold, in the form of coins or bars, then there are some choices to make.
Before we are going to look into these choices, I want you strongly to advice that you DO NOT buy gold if you think the price will rise quickly. Of course you can hope so, but in my opinion you should only buy physical gold with your savings, not with investments.
So if you have savings and you don’t want to keep your dollars or euros in a bank account, I think it is a wise decision to switch your savings into gold.
You can buy gold in the form of coins or bars. There are two things you can do now. Namely to take it home, or to put it in your bank’s safe-deposit. The choice is yours.
Remember, home store has the risk of a break-in sufficient to let your savings disappear. So you really have to have a safe place.
Storing in the safe of the bank is also possible, but then there is no guarantee that the government at some point want or need some or all of it.
There are two good solutions:
- Buy your gold with the best provider, namely GoldMoney.
- Open an account at Euro Pacific Bank
, unfortunately, not as perfect as GoldMoney, but Euro Pacific is the safest bank in the world. The reason is very simple, they do nothing with your money. They keep it only for you. Therefore there is no risk that this bank goes bankrupt and all your money / gold would disappear. This can indeed happen whit all the other banks.
The choice is yours!