Question 1: I’m interested in buying into gold. Can you please advise the pros and cons re buying physical gold versus ETFs versus direct investment in Newcrest/other gold miners? Is an investment in physical gold allowed in an SMSF?
Answer: There are three broad options for investing in gold.
Firstly, buying physical gold from places such as the Perth Mint. Advantages include perhaps finer pricing on the spread, potentially no management fees and if your holding is big enough, you may be able to lend it out (and earn a fee). Disadvantages – potentially insurance, holding and transportation costs.