Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.
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Notes -
I think it relates to anything. Are you sure that the gold exists? That it is not "fractional reserve" or that it is in storage in USA that refuse to send it back (in the case of Germany).
The argument that if this asset is not in your hands then you may turn to own some very expensive toilet paper in times of crisis is not outlandish. Not saying that is good idea to overpay for physical gold.
As sure as the rest of the market. Which is enough for me. Again, if the market as a whole collapses, then we're in "canned food and ammo" scenario, that's a different discussion. But until the society has not collapsed, being as safe as the rest of the crowd is enough.
That depends on the kind of crisis. If it's the crisis like 2008, then I think FDIC and similar mechanisms worked as intended. Surely, some risky investments caused losses, but as expected, the government went out of its way (and some say, way too far, but that's beside the point) to preserve the market and not let it fall too deep. If it's the crisis like 1917 in Russia, then yes, people who own property are fucked, and lucky if they get out alive, and may forget about such insignificant things as property. And having a couple of bars of gold won't help much, rather gets one more viable candidate for being murdered.
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