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BGEIX
GLOBAL GOLD FUND INVESTOR CLASS
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I invested in BGEIX immediately when Trump started the tariffs. It’s up 25% YTD.
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I had $200K in BGEIX (American Century Global Gold) which was the only gold fund in my 401K which I sold after the massive runup from $12 to $20. I was thinking this runup is unsustainable and there will be a pullback. It's up 30% since then and I missed out on about $60K in a matter of weeks! Central banks are just printing money and buying thousands of metric tons of gold. Gold production is going to ramp up and there will be a correction one day but it feels like free money right now. I mean everything has gone only up and up in the past few years and feels like free money which makes me uncomfortable right now,
Mentions:#BGEIX