Gold, Silver and Bitcoins

By Anonymous Questions, October 23, 2014

What is your opinion about investing in physical gold, physical silver, bitcoins?

Another question: what do you think about OUNZ (Merk Gold Trust) and PHYS (Sprott Physical Gold Trust).

Thank you very much.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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hendrixnuzzles
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Hi, I am pretty heavy in the sector, I am not an expert, so these are just opinions. I do not believe that physical gold and silver are not investments. But they are worth having as insurance against hyperinflation or social and economic chaos. The transaction costs of buying and selling physical are too high to use them as investment vehicles. PHYS should also be looked at in somewhat the same way, because you are buying a fund claiming to be 100% backed by physical bullion. It is suitable as a disaster or chaos hedge, and you should consider it… Read more »

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