sopularity_fax@sopuli.xyz to No Stupid Questions@lemmy.world · 17 days agoIs it wiser to store one savings in Gold as superior to the average bank/savings accounts nominal interest?message-squaremessage-square14linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-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 · 17 days agomessage-square14linkfedilinkfile-text
minus-squareIWW4@lemmy.ziplinkfedilinkarrow-up0·17 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-up0·17 days agoCan you help me move this 812kg if gold to my new safe please?
minus-squareexasperation@lemmy.dbzer0.comlinkfedilinkarrow-up0·17 days 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.
minus-squareAeao@lemmy.worldlinkfedilinkarrow-up0·16 days agoYes I’m down. Is it cool if I wear my mask and not tell you my name? You can’t trust me.
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?
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.
Yes I’m down. Is it cool if I wear my mask and not tell you my name? You can’t trust me.