Thinking of adding gold to the portfolio making it about 7%, any thoughts.
In ten thousand years of human history, gold has never been worth zero.......................
I’d prefer silver. It has more practical applications in medicine and technology.
Thinking of adding gold to the portfolio making it about 7%, any thoughts.
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Good idea but good luck with it...
Recently TD decided to roll out “TD Precious Metals Secure Storage”. This is a scheme where supposedly you can buy precious metals and store it at TD (with the concept being you can withdraw your purchase at any time). That’s all wonderful... the problem is that if you want to to buy a 1 kg bar of silver right now, you are likely to find that it’s listed as “sold out” on the website. You can, however, buy the TD secure storage version of the same bar for the same price and this obviously is an attempt to turn physical precious metals into paper precious metals... and no doubt, at some point they will discontinue shipping precious metals and ONLY offer TD secure storage. At that point, it’s all entirely a paper game.
Get ‘em while you can.....if you don’t hold it, you don’t own it.
Well considering it is over $2000.00 now maybe silver, it is only up 20% at about $25.00 today.