Why use Minted and not buy gold exchange traded funds? (ETFs)
Exchange traded funds have become popular in recent years.
Alison
Last Update 2 jaar geleden
ETFs for gold purchases have also been introduced. These financial instruments are designed to track the gold price. We have some reservations about gold ETFs, which individuals interested in purchasing gold should be aware of.
Purchasing a gold ETF does not imply ownership of gold. The ETF structure has never been fully stress-tested, and your gold can be facilitated by up to four different financial counterparties. This does not seem reasonable given that most people who buy gold want to isolate themselves and hold a tangible asset outside of the banking system.