Why Invest in Physical Gold and Silver?
Physical gold and silver have been the most trusted long-term investment tool for centuries.
Investing in physical precious metals (mainly gold, silver, platinum, and palladium) is the most important method to avoid inflation. For example; In 1910, a gallon of gasoline in the United States cost USD 0.10. This figure was equivalent to 0.72 ounces of silver. 104 years later, in 2014, a gallon of gasoline in the US rose to USD 3.61. However, the silver equivalent of this price was 0.72 ounces in 2014.
Also, as is known, the Central Banks of many countries store tons of physical gold – the safest measure against a possible excessive depreciation of their currencies or other economic disasters.
Those who make strategic investments in physical gold or silver want to protect their assets against various risks.
Common reasons for having physical gold; holding its value through history, US dollar weakness, inflation risk, deflation protection, geopolitical uncertainty, supply constraints, rising demand, portfolio diversification, bottom line.
There are many advantages to owning physical gold and silver. however, besides the upsides, storing physical gold or silver is a problem, and buying physical gold or silver as an investment is not always as easy as it seems. It is difficult to store and protect due to security issues. So having gold is one thing, keeping it is another matter.
If it is to be stored in private properties such as home, which are a safer option, safe boxes are preferred apart from storage places such as “under the pillow”.
Is It Worth Storage Physical Gold?
Although the price of gold may be volatile in the short term, it has always maintained its value in the long term. Over the years, it has served as a hedge against inflation and erosion of major currencies and is therefore a worthwhile investment.