I understand that there is physical bullion allocated to customers by Glint, but the part that worries me is if the banking and internet systems collapse as we are warned they will, how do you get your hands on it if it's in a Swiss Bank vault and you're in the USA? I'm always looking at worst case scenarios. I think there is a strong case for holding physical gold, but it must be accessible. I also fear that in the event of a banking system collapse, with gold bullion suddenly being in high demand, it will quickly disappear from vaults without regard or reference to the records of ownership. It will be chaos. Cold storage is the best option in these times, I think.
Yes, I agree completely. Maintaining physical gold that you can access (not in some vault thousands of miles away or across an ocean) is important! But I think we need a blend. Not everyone can turn their home into a mini "Fort Knox". Some people live in apartments.
I understand that there is physical bullion allocated to customers by Glint, but the part that worries me is if the banking and internet systems collapse as we are warned they will, how do you get your hands on it if it's in a Swiss Bank vault and you're in the USA? I'm always looking at worst case scenarios. I think there is a strong case for holding physical gold, but it must be accessible. I also fear that in the event of a banking system collapse, with gold bullion suddenly being in high demand, it will quickly disappear from vaults without regard or reference to the records of ownership. It will be chaos. Cold storage is the best option in these times, I think.
Yes, I agree completely. Maintaining physical gold that you can access (not in some vault thousands of miles away or across an ocean) is important! But I think we need a blend. Not everyone can turn their home into a mini "Fort Knox". Some people live in apartments.