A story about how the more I learned, the more anxious I became

I get asked this a lot, too.

Personally,

I thought they were the same thing at first.

Following up on last time,

I have compiled the questions and anxieties I actually felt.

▼ Previous article.

This time, the content goes a little deeper.

But please don't worry.

I didn't understand it at all at first either.🤣

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Q. Why is identification required?

Whether you are buying or selling gold,

you may be asked to present identification.

At first, I also thought,



“Isn't that kind of scary?” But in reality, it's the opposite;



because it is something of value,

it is managed strictly.

It's for preventing fraud and protecting the security of transactions.There is no need to overthink it.

Rather,

I believe that having a proper system in place

is one of the factors that provides peace of mind.

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Q. Can the price of gold drop even during a crisis?

“If a war breaks out, gold prices go up.”

Haven't you heard that before?

I thought so too.

But in reality,

it doesn't always go up.

For example,

we are currently in a period where there are expectations of rising interest rates.

In that case,

money may flow into assets that earn interest.
As a result,

gold may be sold off temporarily and drop in price.

That is why I believe it is not something for guessing short-term price movements,



but something to hold for the long term.

In the first place, the reason I became interested was

not to increase my wealth,

but to protect it.

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Q. What is the difference between pure gold (=24K) and 18K?

Simply put,

it is the difference in how much gold is contained.

You often see 18K in jewelry, but my impression is that many people choose

pure gold

when thinking of it as an asset.Because the value is simple

and easy to understand.

I thought it was difficult at first too,

but now I think of it with the mindset of



“When in doubt, go with pure gold.” ---

Having read this far,

“It might be simpler than I thought.”

Some people might feel that way.

Actually, I felt the same.

It only looked difficult because I didn't know about it, but

when you organize it one by one, it's surprisingly simple.

However,

once you understand the differences,
these kinds of questions start to come up.

"In the end, which one should I choose, 24K or 18K?"

At first, I also thought

that knowing the purity was enough.

But in reality,

there were some points that
changed my perspective once I knew a little more.

Next time,

while digging a little deeper into the differences between 24K and 18K,

I will also summarize the reasonswhy I chose pure gold✍️
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