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Department of Treasury to mint platinum coins of any denomination — even with a face value of $1 trillion. As King Midas discovered, while physical gold bars or coins are incredibly valuable, they can be very costly to own. Unlike countries that do not author their own policies about money and can thereby be forced into default when they run out, the U.S. Turns out, Beowulf (as the idea’s originator is known online) was right about a couple of things. Couple those factors with the fact that gold’s demand and price rise in tandem, and you’ll see why gold is a very popular investment. Why bother with the work of a mutual fund? Because mutual funds are handled through fund managers, transaction fees and other expenses can differ greatly. While mutual funds may take some research and work, they’re one of the least risky ways to invest and can yield great returns.
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