If I were a buyer of Gold, I’d insist on NOTHING but physical possession of it. Buying the so called ‘paper’ would be unthinkable to me. If security of my physical possession is a concern, that’s what safes are for. One can always rent a ‘deposit box’ at the bank as well, but I’d prefer a nice big(at least 1,000lbs) fire-rated safe, bolted to my basement floor to store things in.
I will relate this story again for the benefit of my FRiends...
A friend of mine took possession of physical PMs...a lot of PMs.
One fine morning her husband walked into the garage and was met by a man in a ski mask with a pistol.
If her husband had not been an incredibly brave and strong 70 year old man, they would both have been dead after the obligatory torture session.
As it turned out, both hubbie and she were badly bloodied but alive as the robber escaped dropping his mask and zip ties as he fled.
The robber looked like an absolutely normal white guy like you would see shopping at Wallymart. No tats, piercings, etc.
The robber was never caught.
My friend had not told anyone that she had PMs. Who knew? The coin shop? The UPS driver?
Remember OPSEC at all times. Do not keep PMs in your gunsafe, home, or other obvious place.
Bank safes aren’t that reliable. If the gov’t is in desperate need of gold, they can make the banks deny access or inspection to safe deposit boxes belonging to “the subjects”.