Do I need to buy actual gold?

Uriziel

I am convinced that there will be a market crash of around 20% in 2026 so I want to put my money in something that will not be impacted by a recession and the likes.
I can see some stocks on T212 that seem to be connected to gold and silver but I don't understand how it works since I am not actually buying the actual gold so I am not really sure what exactly I am buying...
What I am looking at is iShares Physical Gold SGLN.
Is buying from this the same as buying real gold but without owning it?

Am I right to assume that gold and silver will be less impacted by a crash or recession? I have read that people use this as a safe haven when the market is uncertain.

I also want to know if this will protect my money from currency crashes. I understand that if I buy an actual gold bar I can sell it back for double if the GBP halves for example but how does it work with buying this ETF on T212? If the GBP crashes hard after I buy this, would I make a profit from selling due to the currency crash the same way as if I had bought a gold bar?

artyboy

How is this relevant to property...?

twopenny

You mean I only have to buy a bar of virtual gold and I can double my money by next year?

We'll all be doing it if it was that easy. 

user1977

artyboy said:

How is this relevant to property...?

Maybe they're planning to build a house out of gold.

LightFlare

twopenny said:

You mean I only have to buy a bar of virtual gold and I can double my money by next year?

We'll all be doing it if it was that easy. 

its not that far off - 50% gain in the last 12 months

Chief_of_Staffy

I would advise against investing in something about which you have no understanding whatsoever.

artyboy

user1977 said:

artyboy said:

How is this relevant to property...?

Maybe they're planning to build a house out of gold.

Some sort of sequel to the Three Little Pigs?

Sam_666

Chief_of_Staffy said:

I would advise against investing in something about which you have no understanding whatsoever.

I second this. Buying somethig you dont understand will lead to big loss.
Want to lear about it, get some proper books. There is no quick way getting rich.

flaneurs_lobster

I know the OP is nothing to do with property but does anyone know the answer to the question that was in there viz:

I can see some stocks on T212 that seem to be connected to gold and silver but I don't understand how it works since I am not actually buying the actual gold so I am not really sure what exactly I am buying...
What I am looking at is iShares Physical Gold SGLN.
Is buying from this the same as buying real gold but without owning it?

Don't think it's the Philosopher's Stone that will make me rich beyond my wildest, but just interested in what these funds are actually made up of.

Albermarle

flaneurs_lobster said:

I know the OP is nothing to do with property but does anyone know the answer to the question that was in there viz:

I can see some stocks on T212 that seem to be connected to gold and silver but I don't understand how it works since I am not actually buying the actual gold so I am not really sure what exactly I am buying...
What I am looking at is iShares Physical Gold SGLN.
Is buying from this the same as buying real gold but without owning it?

Don't think it's the Philosopher's Stone that will make me rich beyond my wildest, but just interested in what these funds are actually made up of.

It is often mentioned in the savings & investments forum, which is where this thread should be.
The iShares Physical Gold ETC seeks to track the day-to-day movement of the price of gold, less fees, by holding gold bullion. The gold bullion backs the securities issued and is valued daily at the London PM fix price. The gold bullion is held as allocated gold bars with the custodian, JPMorgan. State Street acts as the Trustee. iShares Physical ETCs are exchange traded commodities and are neither funds nor exchange traded funds.

theartfullodger

Uriziel said:

I am convinced that there will be a market crash of around 20% in 2026 so I want to put my money in something that will not be impacted by a recession and the likes.
I can see some stocks on T212 that seem to be connected to gold and silver but I don't understand how it works since I am not actually buying the actual gold so I am not really sure what exactly I am buying...
What I am looking at is iShares Physical Gold SGLN.
Is buying from this the same as buying real gold but without owning it?

Am I right to assume that gold and silver will be less impacted by a crash or recession? I have read that people use this as a safe haven when the market is uncertain.

I also want to know if this will protect my money from currency crashes. I understand that if I buy an actual gold bar I can sell it back for double if the GBP halves for example but how does it work with buying this ETF on T212? If the GBP crashes hard after I buy this, would I make a profit from selling due to the currency crash the same way as if I had bought a gold bar?

Bs.  Gold could crash also 

Safest strategy, spread assets between at least 3 different investment areas.