sopularity_fax@sopuli.xyz to No Stupid Questions@lemmy.world · edit-22 days agoIs it wiser to store one savings in Gold as superior to the average bank/savings accounts nominal interest?message-squaremessage-square15fedilinkarrow-up130arrow-down12file-text
arrow-up128arrow-down1message-squareIs it wiser to store one savings in Gold as superior to the average bank/savings accounts nominal interest?sopularity_fax@sopuli.xyz to No Stupid Questions@lemmy.world · edit-22 days agomessage-square15fedilinkfile-text
minus-squareIWW4@lemmy.ziplinkfedilinkarrow-up5·edit-22 days agoThe challenge with gold is physical security. It is wiser than using a run of the mill bank savings account? Not in the US.
minus-squareLifeInMultipleChoice@lemmy.worldlinkfedilinkarrow-up2·2 days agoCan you help me move this 812kg if gold to my new safe please?
minus-squareAeao@lemmy.worldlinkfedilinkarrow-up3·1 day agoYes I’m down. Is it cool if I wear my mask and not tell you my name? You can’t trust me.
minus-squareLifeInMultipleChoice@lemmy.worldlinkfedilinkarrow-up1·1 day agoOf course man, I understand people wanting to make sure they don’t catch that covid-25
minus-squareexasperation@lemmy.dbzer0.comlinkfedilinkarrow-up3·1 day agoSpot prices for gold right now are about $145k per kg, so we’re talking over $110 million worth of gold. If you have that kind of wealth, you have people who work for you and will do the job, for money.
The challenge with gold is physical security.
It is wiser than using a run of the mill bank savings account? Not in the US.
Can you help me move this 812kg if gold to my new safe please?
Yes I’m down. Is it cool if I wear my mask and not tell you my name? You can’t trust me.
Of course man, I understand people wanting to make sure they don’t catch that covid-25
Spot prices for gold right now are about $145k per kg, so we’re talking over $110 million worth of gold. If you have that kind of wealth, you have people who work for you and will do the job, for money.