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Originally Posted by lkagele
Nothing wrong with ETF's but I have the same fear with that as I do with digital coins. If the internet goes down, there's really no way to access those funds.
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If the internet goes down, whatcha gonna be able to do with those gold coins in your safe? As someone else posted upthread, ammo is going to be a lot more valuable than gold if the SHTF. No one is going to care about gold. Only food, water and ammo.
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Again, IMO, a better way to invest in gold is through gold miners. Get the timing correct and you'll see exponential returns. As gold prices rise, fixed costs to mine that gold remain relatively the same. A 10% rise in gold prices could raise a miner's earnings by 50% or even more. If you're not comfortable picking individual miners then there's the GDX and GDXJ ETF funds. Timing is key when making any precious metal investment.
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When you invest in gold miners, you are investing in a company, not a commodity. It's not the same. But to each his own.