Therefore, buying gold should not be considered a short-term investment, we recommend that you consider keeping your gold for a minimum of six months, ideally much longer, years or decades in many cases. In times of “stability”, I believe that at least 10% of the portfolio should be allocated to precious metals such as gold and silver for diversification purposes, and many experts, such as Ray Dalio, have similar views. Now that the national debt is so high, what do you think cash will do against gold in the next 5, 10 or 20 years? I like to think of physical gold and silver as financial insurance against inflation, which provides the ability to “set a specific rate”. That said, gold has surpassed the S&P index since 2000, with an increase of approximately 514% compared to 174% at the time of writing. For those looking for a more hands-on approach to investing in gold, a Self Directed Gold IRA is an excellent option.
In reality, there are only three ways to store your gold: keeping it at home, using a bank's safe, or paying an outside storage company.