Post
Topic
Board Economics
Re: Physical or Paper Gold? Why?
by
GreenBits
on 12/02/2017, 05:52:58 UTC
Some people says physical gold is more important, I should have physical instead of paper gold. But I dont understand why.

I trade easily in paper gold, spread is low so I lose less while trading. Banking system is powerful in my country, Turkey.

Physical gold can be stolen easily, I dont prefer having gold in my home, it is so dangerous imo, thieves are everywhere in my hood Smiley

What do you think?



I would prefer to have a physical gold rather than to have a paper gold I have full control over it ! If I own a gold it isn't just a part but as a whole of it ! ofcourse owning a physical gold involve risk but it can be minimised If you can just carefully stored it to a place where only you can know ! physical gold is not that common nowadays so people can never tell of you had a gold or nothing
Me too I will choose physical gold than the paper one.Like you said we have a control on it unlike the paper one.And it much better that you owned a physical gold because its more precious than the paper one.