Why people keep part of their savings in gold
Gold cannot be printed. The amount mined each year is small compared with what already exists, so over long periods gold holds its purchasing power better than money in an account.
Physical gold is nobody else's debt. Its value does not depend on the solvency of a bank, a company or a state, and dealers in any country accept bars and coins at the world market price. In the European Union, investment gold bars and coins are exempt from value added tax.
What to expect
Gold pays no interest or rent, and its price can move noticeably in the short term. People usually keep part of their savings in gold for several years.
We will add more detail on how to buy to this page. Until then we explain everything in a consultation.