When I told my Financial advisor 6 years ago I wanted Gold in my SIPP, he was horrified. He said he couldn’t help me and we decided to part ways.
Since then my Gold SIPP has increased by over 60% and yesterday when Gold started to drop I sold half my stack, 3Kg of Gold, within 10mins. I’ll probably buy it back on Monday when I see how the Market goes, I pay 0.1% transaction charges and I can buy and sell a dollar or 2 around spot pretty much at any time 24/7.
For me this is the easiest and most cost effective way to buy Gold for the long term. Yes there is Third Party risk, but because of how pensions work that’s unavoidable.
Note only Gold is allowed in SIPPs.
So I have another account outside my pension where I buy Silver, VAT free. Again yesterday I sold over 100Kg of silver in 10minutes. So liquidity is always available at or slightly above spot.
I’ve started buying physical again because I love the Metals and I’m buying mainly Proof coins which I don’t ever expect to make a profit on. But I buy them because they are beautiful things to own, collect and enjoy.
This isn’t advice, just first hand experience of what I’ve done.