Answer
Feb 24, 2025 - 03:52 PM
The biggest trap investors fall into is buying a gold investment that bears little or no relationship to their objectives. Take safe-haven investors, for example. That group makes up 90% of our clientele and probably 75% of the current physical gold market. Most often, the safe-haven investor simply wants to add gold coins to his or her portfolio mix. Still, too often, this same investor ends up instead with a leveraged (financed) gold position, a handful of exotic rare coins, or a position in an ETF that amounts to little more than a bet on the gold price. These have little to do with safe-haven investing, and most investors would be well-served to avoid them.
