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Is it better to buy a commodities ETF versus the physical commodity? So a gold ETF versus a gold bullion bar? Or a gold coin?
Yeah, well, yeah. So a gold ETF, a gold bar, a gold coin. Okay, so that's interesting question. So if you look at one of them's easy to carry around. So there's advantages and disadvantages, you know, physically owning something like a gold bar, for example, has an advantage of not having to worry about what would happen to the market, the trading mechanism, maybe you're buying gold as a as a hedge against a worldwide collapse or whatever it might be used. Right. And so you kind of wonder, well, what would happen with a gold ETF in that scenario? If I have a gold bar? Okay. Obviously, the disadvantages, you know, where do you keep it? You know, you can obviously keep it in the safe deposit box, you keep in your home by this kind of, I know, people do that, but I wouldn't, I don't want to invite you know, the thought process. But you know, so that that's, that's, that's the pro and con, I think, kind of gold bar, a gold coin, I think is very interesting. And actually, I have some clients that collect gold coins, and they have one, I think, first of all, they're very portable, they're pretty easy. As far as that goes, but they have an extra value because of when they were minted. Yeah, that condition, and what have you. And so because it's a collectible, gold is a hedge. It's a store of value, right? A gold coin is a collectible. And man, sometimes collectibles really outperform the actual value of the commodity that it's made of.
The only problem with a gold coin is your liquidity. You know, I could go to a pawn shop and take that gold bar and sell to them and they'd give me pretty close to spot, you know, they take some off. But if I do that with a coin, it's a little bit different market?
Oh, well, it's a debatable, you know, negotiated situation. Really, I mean, it's not something where you can just go in and because it's it has to do with the quality of the coin, and your thought process of the quality versus somebody else's could be different, right. I mean, that's kind of how it works. As far as that goes. So for get back to the gold ETF as the last piece. So I think from a pro and con standpoint, first of all, it's super simple. I literally can buy GLD, which is a gold ETF right on any one of your you can buy it in your IRA, you can buy it in your brokerage accounts, you know, it's super simple. As far as that goes. It does have this appreciation, you know, potential as far as that goes. We did have a chart on gold from last week. Yeah, here it is. I'll share this real quick. Because I think it's kind of interesting. So there's, there's GLD, right. And that's the orange line there versus VTI. Or sorry, SP y, in this case, the S&P 500. And so you know, hey, it's done well, right. I mean, this is just a short period here really short, but it's having a nice run. So you can make some appreciation, theoretically, it might be able to, you know, hedge some different situations that are out there. And so I probably like anything else, diversify the concept. If you really want to deal with this, have all three, what's wrong with that? You know, you gotta have if you took a third, a third and a third, you wouldn't be doing too poorly with your money for that standpoint, because they all have pros and cons. And I think if all three together, you might have a really good mixture, right. And so anyway, that that's a great question. It's kind of fascinating......
