Some of my close friends have suggested that I buy gold instead of keeping money in the bank as the coronavirus could cause them to bankrupt (I live in a small eastern European country and many banks closed down and lots of people lost their money during the last financial crisis). Any thoughts on if this is a good idea? If yes, how would it work if I needed liquidity when I have most of my money in gold/silver, and do you have any other tips?Apologies if this is a terribly obvious or not totally appropriate question, first time posting here.
Submitted March 21, 2020 at 08:41PM by yissboi https://ift.tt/2J4Ns7F