The main reason for me to buy gold is to guard against the inherent problems of fiat currencies which are very flawed. So, having some physical gold, to me, is an insurance. All of us need some insurance and having up to 5% of our wealth in the form of gold isn't excessive. Why not buy gold and receive income from it? Yes, that was what some entities out there told some "investors". Unless you do not read the news at all, you would have heard of such cases. If you know of other entities which are still saying this, trying to make you part with your money, be afraid. Be very afraid. Oh, while you are trembling with fear, do everyone a favour and report these entities to the Monetary Authority of Singapore (MAS). Please don't ......