1PC
06-26 23:26

@koolgal：
🌟🌟 Gold isn't falling because it suddenly became unpopular. It is falling because when the Fed flexes its muscles, the US Dollar gets stronger. Investors temporarily rotate into bonds because the yields look juicy. Gold does not pay interest, so it gets sidelined. 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. @Tiger_comments @TigerStars @Tiger_SG
🌟🌟 Gold isn't falling because it suddenly became unpopular. It is falling because when the Fed flexes its muscles, the US Dollar gets stronger. Investors temporarily rotate into bonds because the yields look juicy. Gold does not pay interest, so it gets sidelined. 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. @Tiger_comments @TigerStars @Tiger_SG

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet