Stacking gold makes mainstream financial press

[pmbug]

Eric Vazquez, a lineman for a power company in southwest Florida, says he’s holding a lot more gold than most financial advisers would recommend. Not just in his portfolio, but also in bars and coins spread between several secret locations.

It is a strategy for a world that he worries is growing more chaotic. The government keeps spending beyond its means. Stock prices can crash from a tweet. Ensuring his wife and children go to bed at night in peace, Vazquez said, requires owning tangible assets, not just a claim on them through some exchange-traded fund.
...
Soaring debt is one reason Barry Kitt buys gold. The Dallas-based 69-year-old said his calculations show it has beaten inflation since 1913 and the S&P 500 since 2000.

A former hedge-fund manager who now runs a family office, Kitt is comfortable with financial products and uses ETFs when he wants to trade quickly. Nonetheless, most of his gold is physical, including several large crystalline nuggets.

With ETFs, he said, “You don’t own gold, you own a piece of paper. I want to own it. I want to know it’s mine.”

More:

https://www.msn.com/en-us/money/markets/inside-the-21st-century-gold-rush/ar-BB1mcGcO

 

[Goldhedge]

Does gold crowns on your teeth count?

 

[Bottom Feeder]

Does gold crowns on your teeth count?

after yer dead

 

[nickndfl]

They used to make fun of people from Florida not that long ago.

 

[Viking]

They used to make fun of people from Florida not that long ago.

“Used to?”

 

[WinkWink]

Does gold crowns on your teeth count?