From Conversations With Casey:

Vehicles like the Perth Mint Certificate are excellent choices for securing larger amounts of gold. They basically boil down to outsourcing your storage and security needs to a highly respected and secure vault, and in the case of PMCs, they are backed by the government of Western Australia. You own the gold, not just a paper or electronic promise representing gold, and can take delivery via FedEx any time you want. And the certificates are transferable, so there’s some liquidity to owning gold in this way, without having to take delivery.

But that’s for after you’ve set yourself up with all the physical gold you want in your possession. Because as good as PMCs are, it’s still only a piece of paper you have in your actual physical possession. It’s only one step removed from physical gold, but a step removed, just the same.

If you are worth many millions, it’s obviously problematic to go around with several million in gold bullion on you, but you should have at least a few hundred thousand dollars of gold in your personal possession. The rest can be held in things like PMCs or GoldMoney.com, another good alternative. GoldMoney.com stores your gold in...

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