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by tlb
2500 days ago
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The cost of storing gold isn't zero. If you have $100M of gold, you have to prevent serious organized criminals from stealing it. That can cost $500k/yr (ie, -0.5% return) for 3 shifts of security and a vault, cameras, insurance, etc. Brinks will store it for you for 0.72%/yr. https://goldsilver.com/vault-storage/ |
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