We have already written about the difference between allocated and unallocated gold storage.
But I thought I would share this video with you, as it covers the ground quite well.
One point raised in the video is very much worth noting. If you are buying physical gold, and you get to the point where you have a lot of it, it’s time to start spreading the risk by not having it all stored at your home, or even in a safety deposit box.
Buying allocated gold gives you the security and liquidity of owning physical gold, but with none of the risks associated with taking physical possession of the metal itself.
The video is a bit of an infomercial for Kitco’s own allocated storage service, but there is plenty of useful information here.
Here is the link to the video…