@betamax65 The joke with physical gold is that you have it with you (safe at home, hidden in your apartment, as jewelry on your body). Otherwise you can theoretically also buy $DE000EWG0LD1. There is no storage or safe deposit box fee.
For denominations, always buy as large as possible. The smaller it is, the more you pay. With gold, as with silver, my minimum is 1 ounce Krugerrand.
@betamax65 As an investor, I am always optimistic about the future. I do not assume that we will hyperinflate and I do not intend to pay with gold.
It serves more as an admixture to dampen volatility somewhat and to balance out inflation over the decades. I am not hoping for any major performance. Although I do believe that the gold price will rally in the coming months.
