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I have physical, but is not as liquid as paper and the other thing is that 5GOLD and 5SIL I'm holding under ISA - tax free gains ;)

Hi radekmarko I don't have an ISA and have very little knowledge of it. If it is a pension fund then I think that all pension funds are a risk if govs/banks decide to raid them. I personally don't trust anything paper as they probably don't really exist just like your money in the bank. Correct me if I am wrong.