Gold ⚜️
Is gold a buy or a bye?
Certainly a lot has been said (or more of a popular belief) about the negative correlation between federal interest rates and the price of gold followed by the next million dollar question - “Could this new tightening cycle be the catalyst that spurs the next gold bull run?”
Personally, I would believe that while recent interest rate cuts may decrease the US dollar, pushing gold process higher (since gold is denominated in US dollars), factors such as equity prices and volatility coupled with general supply and demand are the bigger drivers of gold price in the long run. Looking at the historical data, mid/long term investment in gold for investment portfolio diversification sake can never be too wrong. Coupled with the fact that the potential risk of recession remains there, any new investor in gold could possibly be riding on the bulls run.![]()
Which tickers are worth watching/holding?
Certainly a lot has been said (or more of a popular belief) about the negative correlation between federal interest rates and the price of gold followed by the next million dollar question - “Could this new tightening cycle be the catalyst that spurs the next gold bull run?”
Personally, I would believe that while recent interest rate cuts may decrease the US dollar, pushing gold process higher (since gold is denominated in US dollars), factors such as equity prices and volatility coupled with general supply and demand are the bigger drivers of gold price in the long run. Looking at the historical data, mid/long term investment in gold for investment portfolio diversification sake can never be too wrong. Coupled with the fact that the potential risk of recession remains there, any new investor in gold could possibly be riding on the bulls run.
Which tickers are worth watching/holding?
These 2 funds have performed better than the broader U.S. equity market and a key gold index over the past year. ![]()
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Jerwolf138 : I'm thinking $Graniteshares Gold Trust (BAR.US)$ is the better choice to hold shares/options of, seeing as they've done a share split 1x10, therefore, at some point they'll have to do a split reversal which should increase the value of your holdings 10 fold. (Theoretically speaking, of course. Granted, I'm basing this on the information provided from the Moomoo Learning section for share splits/reversals, so take what I say with a grain of salt and a perhaps a shot of tequila with a lime wedge.
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