Bifalgorithm post · Gold Investing · Do you want to own your gold investment?

Unallocated Gold

Unallocated Gold (Gold Investing · Do you want to own your gold investment?) — "An alternative to gold ETPs is so-called \"unallocated\" gold. Investing this w…

Ideas in this flowchart

  • Unallocated gold is an alternative to gold ETPs.
  • The investment relates to gold belonging to a bank or bullion refinery, without direct ownership.
  • The investor gains or loses according to changes in the value of that gold.
  • The investor does not pay for gold storage or insurance.
  • The investment is exposed to the bank or refinery's financial survival.
  • The investor is one of the institution's creditors.
  • Technically, the investor is owed gold rather than owning it.
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Unallocated Gold

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Gold Investing

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"An alternative to gold ETPs is so-called \"unallocated\" gold. Investing this way gives you the gains (or losses) from the value of gold belonging to a bank or a bullion refinery. Because you don't own the gold, you won't pay for its storage or insurance. Your investment, however, is exposed to the bank or refinery's financial survival, because you are one of their creditors. Technically speaking, you will be owed gold, rather than owning it."

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