Governments around the world including the United States have been utilising monetary policy to aid their economies tide through this pandemic. I think that by now, you would understand with governments injecting liquidity into the market, inflation inevitably will creep up, which will in turn reduce your purchasing power. Investors are now looking at various assets to protect their wealth and if you chose Gold; should you buy into Physical Gold or Gold ETFs?
Let’s have a quick run-through for both forms of investment. With Gold ETFs, you get a transparent and convenient way to invest in gold. As long as the market is open, you are able to buy and sell Gold ETFs on the exchange, making it as easy as trading stocks on the stock exchange. Prices are relatively more inexpensive as the costs for production (premiums) are excluded from the ETFs. Furthermore, you do not have to be concerned on the storage of the assets.
However, with Physical Gold, it is one of the most secure form of investment. You are not exposed to any third-party risks as you are in full control of the asset yourself. In the event of unforeseen catastrophes, the value of your asset will still be there giving you the financial insurance you are looking for.
What if there is a third option that somehow allows you to have the best of both worlds? That third option will be Pool Allocated Gold. Rather than buying Physical Gold (fully allocated), you can purchase Pool Allocated Gold which is physical deliverable as it has the underlying physical precious metal, without paying the premiums upfront. At this stage, you enjoy the convenience of Gold ETFs, allowing to buy and sell anytime during the opening hours of the market. Should a time of emergency come, and you want the security of Physical Gold, you can simply swap your pool allocated holdings into physical Gold by paying the premium and bring your Gold bars home. This is essentially what GSC Live! allows you to do! Read more about GSC Live! and open your account today!
Sin Pong