this post was submitted on 09 May 2024
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Comradeship // Freechat
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The reason I say to hold the physical metal is because if you just hold an ETF, you are holding an IOU for gold, but you are not holding gold. Whereas if you own the physical metal and you can hold it in your hand, then you own it. And if somebody wants it, they have to take it from you by force. With an ETF, they can just say, oh, well, we're not going to give you your money back. Sorry.