Page 83 - Introduction to investing in Gold

The Beginner's Guide to Investing in Gold
If anything happens to any of the counterparties that I’ve just mentioned, you could be the one who loses.
This is why I don’t like to use ETFs as the home of my safe-haven asset. I’m sure they are just fine in the ordinary course of business, but I want my safe- haven assets to be my port in a storm. My safe port. And I’d personally be a little concerned if there were several links in the chain that I knew little about.
Think about why you want to have gold in the first place. If you’re investing because you’re looking for a safe-haven asset, then after reading this section, you may want to reconsider. However, if you want to access the market for other reasons, an ETF could well fit the bill.
Personally – and it’s very much a personal choice – I prefer to buy mining stocks because I like the diversity they offer (different currencies and a range of different commodities). You also don’t have the same counterparty risk you would with an ETF.
Examples of ETFs
Here are some examples of ETFs if you’re interested, but you must speak with your financial adviser before buying or selling any shares.
SPDR Gold Mini shares Abrdn Physical Gold Shares iShares Physical Gold
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