What's the point of physically buying Gold/Silver?

[Anonymous No.17897806]

Why not just buy at closer to spot on the stock market?
>instantly tradeable
>no delivery/handling/administrative costs

I literally don't see the point of buying physical silver/gold at a higher price over spot when you can get it closer by buying in over the stock market?

[Anonymous No.17897872]

sounds like you got it all figured out. just buy gld or slv and get on with your life.

[Anonymous No.17897895]

>>17897806
thing is buying gold and silver tends to be a hedge against an all out societal collapse, and if that happens you aren't getting shit from your ETFs

[Anonymous No.17897918]

>>17897806
Don't be a fucking idiot. Paper gold is worthless cause it can evaporate if shtf. Literaly the only reason to own gold is not as an investment but as a genuine hedge to the entire system and fiat collapse. Basically the same as bitcoin. Don't bother with Gold unless you want to hold some long term and then only buy and hold real gold.

[Anonymous No.17897974]

>>17897895
but gold and silver aren't actually useful in a collapse. Gold is money it divides the economy, when the economy shrinks so does the value of money

Guns, ammo, antibiotics, water, food Toilet paper and bic lighters skyrocket in value against gold

tldr OP is correct

[Anonymous No.17898003]

>>17897806
Fuck off, quit spamming these threads

[Anonymous No.17898065]

>>17897974
It's not about a Mad Max collapse. It's about two things:

>having money if your currency becomes worth nothing (see: zimbabwe) so you still have money when you escape to a non-fucked country
>having money when the stock market absolutely shits the bed so you can buy

Banks can block your bank account (Greece did during their recent depression) and authorities can block your portfolio. Admins can block your crypto. No one can block gold/silver that you physically own. It's not your main investment, it's your guarantee of wealth that you actually own.

[Anonymous No.17898128]

>>17898065
>hello? bitcoin admins? yes shut it all down pls thx

[Anonymous No.17898171]

>>17897806
Gold spotters are some of the weakest beta males you will ever see.

[Anonymous No.17898562]

>>17898065
>Admins can block your crypto
?

[Anonymous No.17898702]

>>17898003
this is my first fucking thread, don't see any other threads addressing the point of buying physical futures

[Anonymous No.17898860]

>>17898065
https://en.wikipedia.org/wiki/Executive_Order_6102

[Anonymous No.17898927]

>>17898065
>>having money if your currency becomes worth nothing (see: zimbabwe) so you still have money when you escape to a non-fucked country
This is the only reason i want to buy it cause the usd looks like its gonna go the way of the Zimbabwean dollar. Except at this point i stand to lose a lot considering the premium. Like heck im gonna buy gold and then cash it at a 50% or so. Good if usd does collapse but bad if it doesnt as i effectively just lost have my money.

[Anonymous No.17898964]

>>17898860
>Implying you cant buy gold with a gift card under a fake name sent to an address that doesnt belong to you all while going through 20 vpns from a throwaway phone

[Anonymous No.17899143]

>>17897806
Buy bullets

[Anonymous No.17899458]

>>17897806
When you buy stock you are buying shares of the value of the company. When you buy bonds you are buying debt that will be owed back to you with interest. When you buy gold or silver ETFs you are buying a digital asset that represents a physical commodity that is in less supply than the digital supply representing it. Think about it. It's as bad as crypto.

[Anonymous No.17899472]

>>17897974
Name the last societal collapse Anon.

[Anonymous No.17899516]

>>17899472
I agree, that's why there's no point in hoarding gold.
The power of gold is measurement, you don't need to own it for that.