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
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.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
What do you think?
that's right. I trade gold and unlikely keep it more than a few months.
If you use to trade gold, in this case its better the paper gold. But most users thing about gold as an store of value to keep safe for large time and in this case physical gold is better.