this post was submitted on 04 Jul 2026
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The one you hear a lot is buying physical precious metals. But keeping that stuff at home is kinda risky and renting a vault isn't free either.
There are certificates that are fully backed by physical metals, so it is easy to trade them. I even have some (but going to sell soon).
You want it at home. The real value in your of gold is when society collapses it still is a nice metal and so has value. Iron would work to but your house isn't big enough for your life savings in iron.
I don't think society will collapse and lacking that scenario gold isn't a better investment.
Gold is money. Central banks are the biggest buyers, and that’s not as a hedge if society collapses. It’s an escape hedge from money printing and an universal medium of exchange
Well, I don't.
I don't think that either. I buy it when I think it's value will rise.