Unlike Exxon-Mobil, BHPB, Microsoft etc shares and unlike industrial commodities, people stack physical precious metals for reasons OTHER than mere speculation. Among others, there are survivalists (in various degrees), sound money advocates (of various types) and numismatics and the type of information they are after and the reasons for wanting physical precious metals are completely different to wanting shares in a company or to trade the futures market. Nominal capital price growth is merely an upside but irrelevant (and indeed there is a lot of commentary around actively expecting to have nominal capital losses from their physical).
If you are not one of these types of people then I find it strange that you even want physical metals. If you are a gambler trying to beat the market then go trade paper. Some people seem to do quite well and have successfully transitioned from being gamblers to being traders. These traders do not treat their paper investments in the same way as their physical holdings and nor should they because they serve completely different purposes.
Most (but certainly not all) of the commentary is around people wanting physical and most of these reasons have nothing to do with trying to put some of your superannuation into a 7% dividend yielding asset which has the potential for capital growth. If you want to "invest" in something then stay the heck away from physical precious metals and stop bitching about them being a misguided/bad "investment" because they aren't the same thing. They're lumps of frickin metal that sit there and accumulate dust (which is actually one of their strengths).
If you want to speculate then there's a paper market for that and I guarantee you'll find a shite load of misguided fools selling you software, courses and newsletters telling you how you can get rich trading the futures markets in a plethora of commodities (not just silver and gold).
If you are not one of these types of people then I find it strange that you even want physical metals. If you are a gambler trying to beat the market then go trade paper. Some people seem to do quite well and have successfully transitioned from being gamblers to being traders. These traders do not treat their paper investments in the same way as their physical holdings and nor should they because they serve completely different purposes.
Most (but certainly not all) of the commentary is around people wanting physical and most of these reasons have nothing to do with trying to put some of your superannuation into a 7% dividend yielding asset which has the potential for capital growth. If you want to "invest" in something then stay the heck away from physical precious metals and stop bitching about them being a misguided/bad "investment" because they aren't the same thing. They're lumps of frickin metal that sit there and accumulate dust (which is actually one of their strengths).
If you want to speculate then there's a paper market for that and I guarantee you'll find a shite load of misguided fools selling you software, courses and newsletters telling you how you can get rich trading the futures markets in a plethora of commodities (not just silver and gold).
