Post
Topic
Board Economics
Re: Physical or Paper Gold? Why?
by
geopolisch
on 12/02/2017, 19:17:49 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?
It is fully dependent on your purposes. If you are only looking for trading purposes then ETF kind of paper gold is more appropriate for you rather than risking with physical gold. If you are able to safeguard your storage and able to manage properly your physical gold for buying and selling purposes then there would be no differences between physical gold and paper gold.

Based on your purposes and your capability, just choose the right one.