How should SPinvest get into GOLD STACKING?

Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the hive-engine are dex.steemleo exchanges. .

GOLD

Because gold is honest money it is disliked by dishonest men.

Now that we are ballers and have a busting bankroll of Tether, why dont we splash the cash and get into heavy metal. The desire for gold is the most universal and deeply rooted commercial instinct of the human race and it time for SPinvest to start stacking mofo's. From the recent feedback gathered in last weeks post Which investments are best from this list of 15?, gold is favoured by many club members and it's obviously a must have for any properly diversified fund. Let's have a lookski

Ok, first off Gold is hitting all time highs. Im not sure if cause of this Convid thing are just because it's overdue, maybe a mix of both. I personally think it'll retract a little and then bounce again and were only (famous last words) at the start of the PM's bullrun now. Anyways, buying in at all time highs is not a great investment and trying to time the market is a fools games so what do we do? Spead out the payments, do a gold buy every month are every 3 months? This would level out our cost avgerage over time. It's an option.

Next up and most importantly, how do we buy it? Because of the amounts we would be buying, vault storage is a no go because of the fees attached. This would leave us with 3 ways to invest into gold with it being a 2 horse race. The first way would be to buy into a gold ETF as we have done with silver, the second would be to buy physical and someone hold it and the third would be tether gold which is a tether token pegged to gold basically.

So, forgetting about the EFT we have either holding it are investings into a gold pegged crypto. Below are pros and cons of each.

Physical

Pros You hold it you own it

Cons Sold by weight Sold at over spot premium Slow to liquidate and loses premium

Tether Gold

Pros Can invest any amount at spot price Easy to manage
Easy to liquadate

Cons You hold Privite keys but you dont physically own the gold

I think that those would be the best 2 options for us to get into the gold game. I would be happy with either one and i think both are safe for long term holding. As a precius metals stacker of almost 8 years years now i can persoanaly say that i would only buy physical for my persoanl stash. I would not consider investing into tether gold over actual gold anyday of the week. Tether gold offers the club a way to own gold that is highly divisible and easy to liquidate.

What do you think?

Do a little reaseach and look at a few gold charts and check the charts in different currecnys, $, £ and euro mainly, check out tether gold, look look at bullion sites and see the difference between spot price and buying price, look into all these sorts of things. The amount we invest is easy and a simple vote, this is what we need feebback for so speak up :)

. SPinvest's content is contributed by @silverstackeruk, @underground, @no-advice, @metzli & @taskmaster4450