https://www.reddit.com/r/PeterSchiff/comments/12ife2l/physical_vs_paper/
created by 2dubk on 11/04/2023 at 10:23 UTC
3 upvotes, 3 top-level comments (showing 3)
Just kind of curious how you guys play it. I have a bit of physical, and a bit of paper, but I had a grand idea once upon a time that I would invest into the PM sector, a bit into mining and a bit into trusts, and when I had a decent chunk built up, I'd pull it and just buy buillion.
So the real question I guess is, what is your guys physical/paper split?
Comment by Stargazer5781 at 11/04/2023 at 17:09 UTC
3 upvotes, 0 direct replies
For me, I think my apartment is more likely to be robbed than for society to collapse and I lose access to my brokerage account. I have like 100 oz of silver and some gold in my safe.
The greater majority of my investment is in the Sprott trusts, 'cause apparently they're more sane than GLD and such.
Comment by Simcom at 12/04/2023 at 04:15 UTC
2 upvotes, 1 direct replies
Of my allocation to precious metals/mining 30% is physical, 70% is mining stocks. I don't own any paper silver/gold. For me the point of owning PMs is to have something "outside of the system" - in case my brokerage account gets hacked or seized or something.
Comment by Sicilian_Gold at 29/05/2023 at 23:38 UTC
1 upvotes, 0 direct replies