Do you know why rich people like to buy and store gold? In fact, one reason why many rich people really like to buy and make savings in physical gold is gold, especially for a very good level of liquidity.
Unlike real estate, gold has good liquidity for cash if the need is really urgent. Whether selling or for lease.
Further savings in the form of physical gold are also usually make the owner might think more than once to use it because it is not liquid cash reserves that can be used at any time.
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This is because the savings in cash is acceptable for the transaction. So to keep the gold as a store, it is far safer to remain as a reserve yours.
Interestingly, the longer you store and have the physical gold, which means it is more beneficial owners! Because gold prices rose year after year.
Furthermore it is accepted worldwide. This unique gold, unlike the currency issued by each country, it is accepted and recognized as a valuable and valued by all people around the world and throughout time.
Gold that saved from old era are still a valued and accepted as something valuable to this day.
In addition, gold is durable, easy to carry and can be stored anywhere and still valuable even in the form of sand. That is one advantage to buy and store gold.