whats the catch for Sovereign Gold Bonds.

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Last Comment 2019-12-04

sabkamaalikek

2019-12-04

If government goes bankrupt, then will it be better to invest in real gold vs paper bonds like these

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https://www.desidime.com/discussions/whats-the-catch-for-sovereign-gold-bonds?page=1#post_6303155

titamazon

2019-12-04

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Dont worry govt will never go bankrupt, have some faith on them.

Agar govt bankrupt hua to aapka sona bhi koi chhin kar le jayega.

https://www.desidime.com/discussions/whats-the-catch-for-sovereign-gold-bonds?page=1#post_6304370

igen

2019-12-04

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That is a scenario you as an Individual should not hedge against / consider. If the govt goes bankrupt you are ****-ed either way.

https://www.desidime.com/discussions/whats-the-catch-for-sovereign-gold-bonds?page=1#post_6304378

karanoshan

2019-12-04

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Dont invest in gold bonds
Real gold is far more valuable than paper or digital gold
You will be trading your real gold for fake fiat money for petty interest
And in most probability at the end of the tenure when you get cash money in hand you wont end up buying real gold of that
Hence government would have successfully converted your real physical gold into fake fiat money

https://www.desidime.com/discussions/whats-the-catch-for-sovereign-gold-bonds?page=1#post_6304664

panchabhut

2019-12-04

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No one buy SGB with Gold. They buy with Cash. SGB is just a Treasury bond linked to Gold prices. While ETF has Gold as the underlying, SGB does not even have any Gold underlying.