Has intrinsic value and will never be zero.
Can be used as a currency anywhere around the world.
Universal recognition making it easy to liquidate worldwide.
Great for inheritance planning, privately passed down to loved ones.
Portable; specially coins.
Non-reportable (no IRS form1099 when liquidating) on most coins.
Most security (and growth potential) in worst-case scenario.
Ultimate protection from bank failures, storing wealth outside banking System.
Hedges against inflation/volatility of paper assets to balance portfolio performance.
Safest possible long-term investment.
Must be physically held or stored.
To acquire or liquidate requires physical transfer.
Make sure to deal with trusted vendor to insure quality & security.
Easy way to trade on gold prices.
Like Stocks, can be bought and sold quickly.
Good for short-term investment (weeks-couple months).
Does NOT hedge against volatility of paper stock or the dollar.
Can be vulnerable to excessive leveraging by custodian as much as 100:1- potential house of cards.
Might have incorrect leverage by its fund manager.
Custodianship of gold holdings not audited, little to none accountability.
A gradually depleting asset: fractions of gold holdings are regularly sold to offset management & other fees.
Zero benefit in a worst-case scenario.
No transparency, doesn’t disclose their actual physical gold holdings.
To date, over 400 ETF’s have collapsed.
High reporting requirements to IRS & No privacy.
Shares not redeemable for physical delivery of gold.