But let's be real. Governments print money like it is a hobby. Inflation may cool but it never disappears. Trade tensions, sanctions & geopolitical risks are not going away. They are multiplying.
Gold is the asset you hold when you believe the world will eventually remember that Paper money is a promise and Gold is real.
That is why I continue to hold $iShares Gold Trust(IAU)$ as it has a lower expense ratio of 0.25% compared to $SPDR Gold Shares(GLD)$ 0.40%. It is simple, low cost & efficient. IAU is physically backed by real Gold, perfect for long term hedging.
IAU is my "calm in chaos" ETF - the one that just sits there, quietly protecting my purchasing power.
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- Ah_Meng·06-26 07:41TOPChina has meanwhile ramped up its gold imports⦠someone got to be right there⦠[Tongue]1Report
- 1PCΒ·06-26 23:26Nice Sharing π @Aqa @DiAngel @Shyon @JC888 @Barcode @Sherniceθ»ε¬£ 20001Report
- HengHuatΒ·06-26 10:48thanks for the recommendation1Report
- zumaΒ·06-26 08:10thx2Report