Why did I place physical gold as #1 on this list of investment options?
That is because all value of paper investments are actually derived from the value of gold.
This is as true today, as it has always been, even though the US dollar went off the gold standard in 1971.
Just because a government wishes something to be true does not make it so. Unfortunately, this trick has worked on the world. So, even though it is not true, the current foundation of value is based on paper investments.
Now, what if we started to experience a mass liquidation, deleveraging, or a flight to saftey? Could that ever happen? Well, believe it or not, we were hours away from that happening during the 2008 Financial Crisis.
Therefore, the only safe place to store value is physical gold in your posession. Plus, not only is it safe, but it has the potential to be revalued as the foundation of all investment.
One day, the world will realise that all paper investments are based on a wish, on that day... Paper Burns!