If you want to secure your money against inflation, gold and silver is the best way to go.
Buying silver and gold is a good investment because it is a vehicle you can put money into and your money will not depreciate nor will it be affect by inflation.
The cost in gold to buy 1 acre of land has remained virtually unchanged for hundreds of years. 1 bar of gold will buy you the same amount of land now as it would 200 years ago.
When you put $1000 into gold, if inflation rises by 5%, your gold will be worth $1050.
Banks will always buy fine gold and silver. So if you have them, you will alway be able to flip it for cash.
If you have spare cash that you want to secure, buy gold or silver.
What do you think about those "Gold" 401k's? I've seen a few and they look interesting but im not really sure about it and have not had time to do proper research.
I looked too, they do not allow you to hold the gold, so it is just a promise of gold. Stick with bullion.
Some of them will ship you the actual gold. Others are basically "investment funds" where they secure the gold (in theory). At least that is what I have found so far.
Can't give advice about those. I haven't looked into them much myself.
My question is, who actually owns the rights tot he gold?
If you don't hold it, you don't own it. Remote ownership only gives you the inflation-countering benefit of gold. You give everything else up: privacy, control, verifiability, not being targeted (vaults full of gold are a nice target). Also don't store in a safe deposit box, those are the opposite of that.
Yeah, the safe deposit box thing is a lie.
There was a story a year or two ago where DHS/FBI or something took every safe deposit box at a bank then forced people to come and identify their box. I think they did open them too.
Unless you can touch the gold don't buy it
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