I just don't believe all the hype about gold being a great place to park money right now. The price of gold has been at a plateau for the past 3 years, with ups and downs, but it just doesn't look like there is the big climb the gold sellers are trying to tell potential customers. If gold was such a great buy, wouldn't they put all their resources into buying it for themselves, rather than selling it to others?
Any thoughts on gold are appreciated.
The companies advertising that they have gold IRAs SAY it's physical gold, kept in their vaults, but you do wonder if they really just have the paper claim to the gold YOU buy.
If I buy something and the company has to store my purchase, wouldn’t there be a hearty charge? Between climate control and an absolutely massive amount of security, there is no way they could absorb the costs….logic tells me it’s only paper.