I own both physical gold and silver bullion coins. Government mint issue. It is not an investment. Insurance is a more accurate description.
A hedge against fiat collapse, or civil collapse, which is very nearly the same thing from an economic point of view.
About 1% of your portfolio is adequate for this purpose. The odds of collapse are slim, but not none. Just like the odds of a fire in your house. Unlikely, but they do happen. So you buy a smoke alarm, right?
History has shown repeatedly the proven value of these metals in collapse scenarios. People are always ready to trade real goods and services for them, even in a barter economy. Wedding rings often become the new currency.
The rest of your money should go to other investments, like land and lead.
If you want to play gold and silver as an investment, you do that with an ETF, or buying and selling mining shares, basically another form of paper / electronic financial instrument. It's really just another kind of fiat.
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