Gold prices have nearly doubled since the 2008 global economy crisis and many investors have shifted their money from stocks and cash to gold. And in the recent years, instead of buying gold as an investment on paper, customers’ wanted to take the gold bullion home with them.
Why do they want to take the gold home? For security I guess. If I am buying gold as a form of investment, I would prefer holding the gold bar too. Would you? Holding and keeping the gold bar would be more secure than seeing the gold investment on paper. But where is the safest place to keep the gold? Keeping the gold at home is not a good choice also as you tend to attract the uninvited guess to ransack the house. What about keeping the gold in the bank? I guess it will be safer that way.
I wish I have access money to invest in gold now. The price is going up and up and it hits new record high last week at $1,300 an ounce.