Should you buy a gold ETF or physical gold? Which is best? Are gold ETFs safe? These are the questions that we will be answering in this video.
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We will be looking at:
2:18 – The Premise
3:58 – Physical Gold
6:13 – Gold ETF
7:23 – Fees
9:17 – Summary
If you are watching this video you are likely sold on the idea of owning gold, especially in today’s economic environment. The question then becomes…how do you invest? Do you buy physical gold or is a gold ETF the better option?
When it comes to precious metals, there are generally 2 sides. One group of people will only ever buy physical gold. They believe “If you can’t hold it, you don’t own it”. The other group will happily invest in a gold ETF. Are they just risky people, uneducated or do they know something we don’t? Find out!
Other Related Videos
What is an ETF? – https://www.youtube.com/watch?v=0RaK1So4rTM
Gold Investing for Beginners – https://www.youtube.com/watch?v=dqRtc7HcNC4
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Video Rating: / 5
Who to find right etf?
Can government block the ETF gold under extreme circumstances?
there one other slight issue with a gokd etf and that is u dont actually own any gold and good luck getting any gold in your hands from your etf….what u do have however is a piece of paper….etfs are only good if u want to and are able to afford a gamble…
Sounds like a sort of pyramid game .you can print al lot of .I owe you a kilo . as long nobody claims his gold everything is fine ….
Going physical is safer and makes it funner too.
So the large ETF fund – SPDR (GLD) is less risky than the other ETF?
The comparison is incomplete if u do not consider the costs, the waiting time, the various restrictions and risks involved in getting physical delivery from the ETF. I had to wade through pages of small print and came up with a dozen of questions regarding the process of getting physical delivery from the UBS GOLD ETF and am still waiting for them to answer and I bet they will do all what they can to avoid giving me an official answer in writing.
I therefore think that ETF is superior to holding physical gold only as long as u do not have to get physical delivery of the gold stored in ETF’s vault. BTW the gold is not even stored by the ETF but by a custodian and its subcustodians. The subcustodians do not assume any responsibility in case the gold is lost for reasons beyond their control and the custodians do not assume any responsibility for the loss of gold stored by sub-custodians and of course the ETF does not assume any responsibility whatsoever for the loss of gold stored by the custodian and/or its subcustodians. So the stage is perfectly set for the gold to “evaporate” once the circumstances are ripe and u will have zero chance to hold the ETF (or even the main custodian) accountable for the loss.
In the great depression, you can do wonders with physical gold.
very clear and well explained thank you
Now is the right time. If you really want to grow your money and attain financial independence. Start investing, that's the best way to accumulate wealth. Spent my 30s and 40s investing in stock and several multifamily real estates. That’s the best I did for myself as it has consistently beaten my expectations of a return. Lately, discovered ¢rypto, and life feels better.
It makes no sense to buy physical gold and have someone else store it. The reason you buy physical gold is to have it on you in case of an emergency or a monetary collapse.
If you buy above the minimum for most dealers then shipping and delivery is free, and storage is free, so the only costs you should be contending with are the buy premium and the sell price. You should always be getting at least spot price when you sell, and possibly more depending on the form of gold. If they offer less, then walk away, they're double dipping hoping your desperate to sell.
Which means that what really matters is getting the best buy price you can at the lowest premium.
PS If you're going to pay someone to "store" your gold, just buy the etf instead and stop losing value. The ONLY reason to ever store gold would be because it's part of a retirement account and you're not allowed to receive it until it matures.
you didn't really go into the differences where the ETF is a Physical Gold backed ETF versus when not, and/or different %s of gold cover
I still dont trust the 3rd party. Nice video
When I look at articles of past performance of gold, when interest rates begin to rise gold begins to drop and that includes ETF's. Correct me if I'm wrong.
How to invest in ETF Gold?
I'm working in Saudi Arabia can I buy gold like jewelry or bangle,ring, bracelet?
Investing and diversifying your portfolio with precious metals,real estate, stocks, crypto currency and forex trading is the wisest thing to do and really profitable.
Thank you. So it is better to hold a fake gold bar and buy some good gold ETF
i personally buy at GLD ( GOLD ETF) coz i just bought less than 10$.
Excellent video Nathan! Thank-you for explaining so succinctly ?