Tips on Storing Precious Metals Safely - Precious Metals - Resource Investor: "There are only two ways to buy physical gold – buy it and store it yourself, or buy it and have someone store it for you. So it is obvious that storing metal is an important part of the buying process. Consequently, I am often asked about storage.
Storing gold at home has one important advantage; you have metal close at hand. However, there are numerous disadvantages, the most obvious one being the risk of theft. Unfortunately, insurance is expensive, if you can even get it. Also consider that your liquidity is impaired because you have to return your coins and/or bars to a dealer to exchange them for a national currency. That takes time and may even incur a refining cost to confirm the gold content before the dealer accepts your metal.
When you store gold with a company,"
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