Finance & Fury Podcast

Welcome to Finance and Fury, the Say What Wednesday Edition Back to answering individual questions - Two questions this week – follow up to recent eps on gold and economy First from Mario – just a quick one - I listened to a recent podcast you made about gold and wanted to understand why people would own gold outright and keep in their possession? Is it purely because they don't trust keeping in a vault? Also with Gold ETFs in the case of a crisis gold ETF doesn't really mean much do they.   Why hold gold personally over a vault? The major reason to hold gold personally would come down to personal preferences and insurability, rather than not trusting a physical storage vault. The gold can be hard to personally insure and requires special additions to a standard home contents policy. The issue can come back to the valuation of gold, as the insurance policy might value up to $10,000 but the price of gold changes and might be higher than the insured value. people would need to constantly be updating their pol