by JS Kim
The number one reason to buy physical gold and physical silver (not paper gold and paper silver, which is not the same thing) is very likely not what you think it is. I can deduce the number one reason why most people buy gold and silver simply from the disproprotionate amount of questions I receive about buying gold and silver whenever gold and silver prices are rising significantly versus when gold and silver prices are falling. In other words, most people believe that that top reason they should buy gold and silver is to profit from rising prices. However, this is far from the best reason to buy physical gold and physical silver. Furthermore, there is a fundamental difference in the mindset of the person that buys gold and silver, seeking a quick profit, and of the person that buys gold and silver as insurance against the inevitable destructive black swans that will continue to materialize in the global banking and monetary system.