This shit is better than gold ETFs and way more liquid than physical gold. If you don't want to deal with physical gold, this is the next best thing. Do not fuck with gold etfs.
not your key, not your gold
>>62553352Its closer to ownership than gold etf. Yes not as good as owning the physical gold. Not everyone has physical security sufficient enough to safely hold physical gold and liquidating it is a pain in the ass.
>>62553345gold will gigadump in the next few hours, isnt it?
>>62553369No, it isn't. It's the same as owning something like PHYS.
Always, always buy physical. You are asking to get scammed otherwise.
>saaaaaar buy my shitcoin 2.0
Fake ass maximillus dictator antics go inside. Lol
>>62553439So closer to ownership than gold etfs. Thank you for agreeing.
>>62553479>lose money on purchase because dealer sells above spot>lose money when selling because dealer won't buy above spot
>>62553602The first problem is solved by getting a better dealer. The best ones sell below spot, and yes, they exist. The second problem is real, yes. But people holding gold usually aren’t day-trading it. If that’s your plan, but all means trade it virtually. If you bought this time last year, you’re up enough on physical that it hardly matters. Most gold investors see it as a long term play anyway.
>>62553622I'm not really against physical ownership. It is the best way to hold gold. I unfortunately live in an area where burglary is not very unlikely, and I fear a break in could result in a loss of life savings or huge amounts of wealth. I decided that paxg was the best way for me to get relatively close to physical ownership without the inherent risks.
>>62553345>verified monthly>who took the last gold bar, i swear it was my turn you guys
>>62553622You aren't going to convince them, long term investment is unfathomable to normgroids with short attention spans. Number MUST go UP, QUICKLY
>>62553369Liquidating gold requires going to the local coin store and selling it. Yes, you will need to leave your mother's basement for a few minutes but you probably need some sun exposure anyway.
>>62553630Gold is pretty easy to hide from the typical smash and grab meth head.
>>62553630That’s fair enough. It all depends on why you want it and for how long. That said, in your position, I would be scouting out a good hiding spot, but that’s just me.
>>62553345It takes less than a month to empty a vault
>>62553479I am a crypto fag, but i am with this guy, buy gold, silver, btc, eth, monero and bot the derivatives etf and (((((3rd party))))) custodial bs!
