GLD

badboyfreud

One major thing I haven't seen anyone mention yet: "In the U.S., physically-backed gold ETFs are taxed as "collectibles" rather than traditional stocks, resulting in a maximum long-term capital gains rate of 28% for holdings over one year. Short-term gains (held $\\le$1 year) are taxed as ordinary income. High earners may also face an additional 3.8% Net Investment Income Tax (NIIT).  **Key Gold ETF Tax Considerations:** * **Long-Term Gains (Held > 1 Year):** Taxed at a maximum rate of 28%, higher than the 20% cap for most stocks. * **Short-Term Gains (Held**   **1 Year):** Taxed at your ordinary income tax rate. * **Tax Treatment:**  Physical gold ETFs (e.g., GLD, IAU, SGOL) are treated as collectibles by the IRS. * **Alternative ETFs:** Gold ETFs that use futures contracts rather than holding physical gold may have slightly different tax rates (e.g., 26.8% top rate). * **Tax-Advantaged Accounts:** Gold ETFs held in IRAs or 401(k)s are not taxed until withdrawal, allowing investors to avoid the immediate collectible tax rate. * **Alternative Investments:** Gold mining stocks or ETFs that hold mining companies (rather than gold itself) are taxed as regular stocks, benefiting from the lower 15-20% long-term capital gains rates."

bukbukbegak

Sold most of my calls this morning but holding December calls for USO, GLD, LNG, and other energy plays

foira

Gold miners are a leveraged bet on gold i.e. are path dependent.  GLD does not dilute over time Average miner does High quality royalty companies avoid this pitfall but sell at a premium. 

Outrageous_Tip_2133

I am 40% in SPY/VOO, 25% in QQQ, 15% BRK, 10% cash, 5% GLD, and 5% Bitcoin. If you are holding tech (or QQQ, you would have noticed that the downturn had already started before the war. I have just been increasing my cash position since the war started and kinda regret not buying some SPY when it hit 630 earlier this week. I think any moves below 640 wil be bought quickly from now on.

Carfar_Farcar

Panic sold half my GLD position at open in case it actually drilled, it didn't, bought back in and now I'm back to almost being flat on the position. What a silly day it's been.

Fhyzikz

GLD seems to be starting to behave less like a risk asset now based on the chart. Nice. All you regards get shaken out?

Fhyzikz

Nobody in WSB cares about GLD or SLV anymore. That means it's time to start scaling in. Everyone here is jacked to the tits on oil now which is a strong bearish signal for oil. Sell

trentcoolyak

You don’t understand correlated returns or risk adjusted expected returns are and speaking out of your ass. These are extremely basic concepts that any half decent investor should know. Are you a bot? My positions are literally posted IN THE POST. They have more than doubled in value since I acquired them. The fact that someone with your level of financial literacy is so ardently advocating for GLD without understanding the basics of why institutions buy it is making me even more bearish

ClueLessWits

This last year has been VERY good to me regarding GLD and COPX, and I look forward to continued wealth accumulation from gold and copper sectors. Let's not beat around the bush. Basing an argument on 'correlations' is at the very BOTTOM of argument strength. Power bottom, much? :) That's why noone is throwing data back at you because you have yet to provide anything worthwhile. I mean, if you're so down on gold, post your positions, and let's see who ends up being right. Best of luck!

Abe2025

Come on GLD go up you hoe

drew-gen-x

$EWJ, $VXUS, $GLD, and $IGV. All my buys for the year have been over the last 2-3 weeks. I know you asked about stocks; but I've moved entirely to ETF's minus small positions in $CASY, $T, and $DE that I would have to pay way too much in capital gains to sell.

Andthesuch

GLD to 370 because that means the US dollar is strong. Do it for America.

drew-gen-x

I might have just done one of the dumbest trades I have ever done and fallen into the next bull trap. I hate tech stocks. But I just bought 100 shares of $IGV to hedge against my $GLD, $VXUS, and $EWJ heavy portfolio. I decided to buy reddits fave software stocks as a hedge against my gold & world stocks : P

drew-gen-x

I agree and disagree with you. The Fed will absolutely print. But so will the BOJ, BOC, India, etc. They're all gonna print. It's race to the bottom. The Fed is no longer the only one using the license to print playbook. Hedge w/ a 10% position in $GLD.

drew-gen-x

This might be a bull trap, but I bought back a bit of the $GLD than I sold yesterday. I had a bit of extra cash since I made a dumb bet and bought $SQQQ yesterday. I just moved my $SQQQ position & gains into $GLD. This might blowup in my face. I'm not particularly bullish, but instead of debating politics; I just look at charts. The world is what it is.

Carfar_Farcar

Gonna sell my SPY puts at open then go back to bed. I already know what my GLD calls are gonna do I don't need to see it.

ClueLessWits

We've all been trying to be nice about this but thankfully we no longer need to be. You are a moron and your post is drool-catcher worthy. You use words that you likely don't know what the hell they mean. Nobody made the claim that gold is a hedge. Everyone who has any form of money treats gold like a store of value. Recent events have not changed the long term view. The financialization of gold makes short term plays viable given asset treatment such as GLD, converting a piece of the market into risk on/off, while the war evaporated chances for interest rate cuts, putting pressure on gold/silver and strength in the dollar. Expected market behavior otherwise. None of this shit is a surprise, beyond your lack of understanding, that is. Your complete inability to fathom any of this means.......you don't belong here.

Appropriate_Ice_7507

I feel like MM is gonna pin me down and ass r@pe me for the next 8 hours. All my calls like MU, msft and GLD will expire worthless and my puts on USO, definitely expires worthless. Sad thing is, I won’t even get to come as I’m not ghey and don’t like ass play 😭

Dry_Umpire_6129

Golden Dome was just a diversion, I knew it! Buy GLD!

TropicalOinkment

Where were you when GLD WAS KILL???

KungFuBucket

For the most part, still heavy on S&P and still invest on the regular but I have been branching out to add GLD and a couple individual AI stocks in my “fun money” portfolio and playing with some foreign stocks

Opposite_Day_9771

I sold a week after it started. I'm still holding INTC but bought oil like DVN and my DOW is finally even. I also dumped gold miners but still hold GLD. Planning to buy PSLV later. Miners are not profitable if oil hits 200. It's better to hold the raw material instead.

claytondpark

Fucking boolshiet, closed my GLD and spx puts y'day and bought calls, fml

SomePolack

So what happens to GLD/SLV next week 

drew-gen-x

Compare the $SPY vs $GLD or $VXUS or nearly any other world indices YTD or 1 yr charts. The $SPY has been losing for awhile now ever the Trump tariffs. There's just soo much infighting lately that few have zoomed out and looked at the bigger economic picture.

PResidentFlExpert

You may want to get more granular than 5 year periods. Plot the 30 or 90 trading day correlation coefficient between GLD and SPY since 2020 and then add a plot of M2. You’ll see that your argument works against you. From 2020 to early 2022 both assets rise in a correlated fashion with increasing M2. Once the Fed stopped cutting rates they decorrelated, with GLD outperforming. They’ve resumed correlation over the last month(ish) because liquidity is sloshing around and nobody knows what the post-war landscape will be. Once things settle down we’ll see GLD continue to outperform; the war has interrupted the trend, not killed it.

drew-gen-x

Pretty good day. S&P up +0.72%, $QQQ up +1.22%, $GLD up +1.72% I guess the markets will live to fight another day. I'm down -0.61% YTD. I can live w/ that all things considered.

NervousSWE

>Bitcoin already went through this exact narrative repricing and never recovered the "uncorrelated asset" premium Bitcoin was never a safe haven asset except in the collective delusions of crypto bros. >Edit 2: Really excited to revisit all of these GLD fanboy comments in 6-12 months from now. Even if gold is down for the year, your DD is bad. Gold is moving moving with the economy because the shock in prices (bad for the economy) means lower chance of fed dropping interest rates and likely increasing which is bad for gold since U.S. bond yields will go up. The second order affects of the war you're referring to (If they happen) take time to understand. Central banks are continuing to purchase gold at increased rates. I'm not arguing that gold will close the year up or down I'm just saying your underlying thesis that Gold is somehow now the same as some digital gambling currency because "gold go down with stock" is a little retarded.

Carfar_Farcar

Made up for all my losses this week today and decided half porting into GLD calls at the top was the play. I really do belong here.

shasta747

You literally found the reason GLD dumping in your post, it's the oil price action, no need to wander too far off that. Most serious traders have gold in their port and likely sitting on profit, when the stock market dips and they want to buy and raise cash, that's when liquidation comes into the equation. What do you think they would sell? I see nothing changes in gold fundamentally, I think you could make profit short term but $150P is quite regarded, it's cheap for reasons :))

trentcoolyak

I'm happy for you then! My point isn't that GLD is a useless asset class, it's that it's due for a very big correction back to its true value as a hedge against inflation — which it's currently very disconnected from.

trentcoolyak

Major copium I've been seeing everywhere. If you plug your ears and blame "liquidity" every time your "uncorrelated asset" perfectly traces the market you don't have an uncorrelated asset anymore LMAO. GLD's delta pre 2005 is literally 0. From '08-2020 it is slightly correlated but often has more "liquidity" issues like you're talking about. But since 2020 the delta has grown from .20 to .70 in 2026. Like yes there are liquidity moves in every asset class but you can't ignore the reality that gold is no longer the safe haven it used to be.

trentcoolyak

You can admit it, how balls deep in GLD are you right now?

trentcoolyak

Look how mad the GLDards get when someone finally calls out that GLD is a memestock

drew-gen-x

It looks like we might be hitting some resistance levels and slowing down. Since I am an idiot I will take some profits and sell some $GLD and $EWY that I BTD on heavily. Both are finding heavy resistance on either their 50 or 20 DMA. I'm still overweight both, but I don't need to die a hero here. Profits are profits.

Throwaway1021920087

GLD is struggling to get above 440. Maybe this is a sign to dump my calls exp tomorrow hehe

trentcoolyak

You know what has also never happened before? a 250% gain in 2 years (GLD: Feb 2024 188 --> Feb 2026 483) Why are you so confident that GLD is crash proof when it's obviously no longer behaving like a hedge against inflation. It's behaving like a meme stock

Throwaway1021920087

my GLD bear credit spreads blew me out the water but I also bought some calls yesterday that are now ITM

Pretty_Dragonfly_716

Tell that to GLD where I put some money yesterday am

isolated-cat

IDK gold kinda showing strength. long dated GLD calls could be the move here. fundamentals haven't changed. initial war shock is over. huge upside?

Fantastic_Pirate3948

GLD moving worrying anyone?

shortitforever

SPY price / GLD price

Pretty_Dragonfly_716

Hope y’all grabbed some GLD today!

drew-gen-x

I trimmed $GLD at close by 10% to clear my margin. Maybe I'll BTD on some worthless US Treasuries tomorrow : )

drew-gen-x

Let's see how we close. That will tell us whether institutions are buying into DJT tweet of the day. US Treasury yields matter more for foreign markets & peeps than Americans. I think you may time your $TLT trade which I still have a hedge position in. But for Americans it is better to own $GLD over $TLT to hedge our USD currency risks. We have to balance inflation & loss of USD purchasing power vs the price of equities (even if they are expensive). I am NOT bullish at all; but these indices prices are worth BTD in as part of a long term DCA investment strategy. I still think you should hedge your $TLT port with $GLD & $VXUS and maybe $VT if you ever feel a wild bullish hair up your ass : )

DISAPPOINTING_FAIRY

I have only made wrong decisions since late last week and I'm sad. I dumped a decent chunk of AAPL 0DTEs on Friday right before it dove, took -3K and it would have gone to +25K. And yeah, while I was always going to end up getting trapped in puts yesterday and today, I picked META, which has recovered almost 10% from where I got puts, compared to SPY's 3%, so even the long-dated stuff got fucking nuked. oh and I took a modest profit on GLD calls this morning instead of holding them. because of course

A55BAG

Crypto surprisingly weak, but GLD is ripping

drew-gen-x

I might move some cash from $GLD to $TLT. I was hoping to trim at 426, but I might be getting too greedy : ) I really don't want to use anymore dry powder. I fired off way more the last 2 weeks than I maybe should have.

Aggressive-Ad-2707

I was told GLD will hit $3500

ReleaseThePodGeoph

!banbet GLD 430 1d

ReleaseThePodGeoph

!banbet GLD 430 EOD

No-Dust-1722

It depends on your goals and investment thesis. I invest in GOOG on its own so I can weight my overall portfolio relative to other tech stocks in the index. Lots of people do 5/10% in precious metals like GLD and SLV.

hermeskino715

GLD dropping at the cost of SPY. Wtf man. Leave my metal bros alone

thekoonbear

Yeah owning puts most certainly did not make money from IV going down. Thats not how options work. They made a bunch of money from GLD going down and lost some of that to IV going down.

drew-gen-x

It's early , but $EJW +0.6%, $VXUS +0.74%, $GLD +1.3%, DXY 100.42 & falling. Crude Oil 103.56. There are 2 trades going on that are interconnected since crude oil is priced & sold in USD. The DXY short squeeze & crude oil/ war trade. But if foreign stocks & gold are catching a bid then 1 of these 2 trades might be unwinding. Shorty short bears are unfortunately short both trades. The $QQQ trade could still head south & bears will still be hurting. Now if US stocks also get a bid there will be a lot of bears swimming naked tomorrow.

Eduardusthegreat

Anybody got calls on GLD. Gahhhhdammmit I should’ve bought qqq puts

Pretty_Dragonfly_716

Say what you want but at some point GLD is going to moon because of inflation

drew-gen-x

Let's say you're right. I fired off half of my dry powder buying $VXUS, $VT, $EWJ bouncing off their 200 DMA and $GLD bouncing off its 100 DMA. I could have waited & I did BTD too soon. But i don't need this dry powder today. I still have a job and 6 months of emergency cash. Cheers : )

drew-gen-x

$TLT rallied today. $GLD was basically flat. People were buying assets besides just Crude Oil, today. I believe we've hit the bottom. At the very least, selling exhaustion is starting to set in.

MachineGunBeatings

My trail stops tripped on GLD & XLE. Still holding strong on USO though.

Queasy_Soil9646

I don’t know how to play GLD or USO. I’ll stick to what I know. LOSING MONEY ON SPY

TheyLuvInvader

Yes I have it inside of a category now I will prolly seek out long term investment with it and treat it like how I treat GLD and VTI

aka_crashoverride

GLD psssf ...what a follower, get ur own life bro.

M18PowerKing

SPY, DXY, USO, XOM, and GLD are all up bigly. Get fucked, bers.

drew-gen-x

$VT is trading at 10/10/25 lows; and $SPY is trading at 8/20/25 lows. Many indices including $GLD are hitting support levels where bottoms were formed 2-4x over the past 52 weeks - 2yrs. $SPY and $VT have had 4 straight weeks of loses. Nothing goes down in a straight line forever. And looking long term, is it more likely that all the World CB's print more or less money in the future? Is it more or less likely that the $10k in cash you have stashed in your savings account will buy more or less stuff 1-5 yrs from today?? Is it more or less likely that the price of $SPY, $VT, or $GLD will be lower or higher 1-5 years ago than today? Please don't let politics influence your long term financial decisions. There will be a different POTUS in office 2 and half years from today and likely yet another different POTUS in office 6 and half years from today.

A55BAG

Asians were buying gold even though their stocks were dumping today. GLD trade is back?

TracyM45

Put my 2k in GLD now worth 5k

warm_fork

I can't believe i missed my chance to buy GLD calls at $400 😔

triwyn

GLD delist when?

BarbellPadawan

GLD 700 before SPY, just as I predicted 🤌

vermilli21

Guessing GLD and SLV is gonna take a shit too with SPY

TantramanFL

I am down 5%, the only change I made was selling off my GLD holdings and replacing it with oil and gas holdings. In other words I changed my hedge. Gold will be stalled until oil/Iran is stabilized. I don’t consider changes to my core holdings until I am down 10% or more. Even then I usually stand pat until I find a compelling reason to reallocate. I do think the longer this goes and the market reaction could force me to make some changes. I am looking at options.

Dirkredblade

Yes, I have 5% GLD- not because I like the pretty rock, but because if you look at times when stocks did really poorly , like 1969-1989 or flat eras like 2000-2010, 5% gold really boosted returns- 2% cagr for 1969-1989 and for 2000-2010, 100% us stocks returns .17%, 75% us 25% ex us returned .75%, but just adding 5% gold boosted returns to 1.6%, so basically doubling the return of a global equities portfolio. The downside? Golds cagr since 1969 is 8.6%, so still higher than bonds. Also, I don’t see the US gov slowing printing or balancing the budget anytime soon, so I don’t see how a small allocation of Gld hurts a portfolio

drew-gen-x

LOL, the Iran War has already covered up the AI tech crash which I like to call dot com 2.0 and also the private credit disaster. But, if you can look through the smoke we are hitting previous support levels on $VT, $VXUS , $GLD and the $SPY that we've previously hit 3-4x going back the prior 52 weeks. Disclosure - 30% $GLD, 20% $VXUS, 20% $TLT, and 10% $EWJ, 10% $VT and 10% $SPY. I'm not smart enough to pick the correct stocks that will bounce after this DXY short squeeze is over. World CB money printers are about to go BRRR......

StocksStormTrooper

If you already don’t know, Turkey and the middle east nations selling gazillion tons of GLD to stabilize currency and economy

Gimmetbow

I did this Thursday with GLD Puts to lose it all on Friday lol

ButterRollercoaster

Stupidly overcomplicating it. This is just DCA with extra steps and more decisions. With SPY, QQQ, VIG, and GLD, simplicity usually wins. Lump sum or DCA and move on. Stop fucking with options for no good reason.

Fhyzikz

I think you're right. I see a bottom somewhere in the GLD 360-375 range according to the long charts

RumpledTrumpskin

Okay... I blow at Options. I got wrecked last year after I got greedy and then chased all my money away. I came back and dabbled in it. Mainly gold. Took $183 and 10x it then lost some and took the money and ran. I had plans to reinvest into goad for January $500. I didn't do it. I then saw that GLD and SPY are a shit hole, so I looked into VIX. Does this mean I'm dumb and should have just tossed $300 at this instead of just being scared to lose it? https://i.imgur.com/3EVHdIX.jpeg

BarbellPadawan

I have long index positions right now and am bearish on gold… and GLD will be 700 before SPY.

ThetaGammaSickle

Thank you for taking one for the team Sir. You're a true gentleman. And a scholar?? I'm went puts (well except for GLD, calls there). Don't think they will shape up as well as this $META put from a couple days ago though....I knew I should have sized up an actual position there. 934% overnight. Thank you jurors!!!! And shat-bag lawyers too i guess.... https://preview.redd.it/uozq1hy57qrg1.png?width=1075&format=png&auto=webp&s=bd2ec9574f25208a7532ea42d0670ab6c4a418de

MEURSAULT_BYE

GLD becoming an attractive move again?

Scared-Signature-452

I can tell you which stocks in my portfolio went up today, in case you are interested: CEG, FSLR, NXT, XOP, WVE, GLD. I also bought ASTS and GLD today.

Carfar_Farcar

Still up $40k YTD thanks to GLD, but down $17k this month so far.

Toothlesskinch

Something big is gonna go down this weekend. Moved back in to GLD on Thursday. At some point oil risk and volatility combined with SPY dumping is going to send it back to December levels.

illinformed-will

Gold not being liquidated but pumping is puzzling... USO VIX DXY pumping together meant for the past weeks gold dumping, today those forces are strong yet GLD buyers are stepping in hard Store of value status returning ? Signal that petrodollars collapse begin to be priced in ?

Don_Mask

So 40/40/20 vti/vxus/vcx? Thank you, I mean I know I should mainly do that but should I still put aside some (like 5-10%?) to put into stuff like GLD, SLV or whatever stock/ETF for no specific reason/for fun?

drew-gen-x

I own a lot of silver coins. They are shiny and cool to look at. But silver is a hybrid 50% industrial and 50% monetary metal. In max fear buy $GLD over $SLV. That doesn't mean silver couldn't outperform gold. But it means you are taking on a lot more risk. Especially when Gold's down side is $3400 if it can't hold $4300 over the next couple of weeks.

drew-gen-x

Agreed, but I am a dumb American. My savings are in USD. My port is now 20% $TLT, 20% VXUS, 20% $EWJ, 30% GLD, and 10% random shit that is going south fast. I still have 30-40% of my dry powder left. I should have put in an order to buy at close if I wasn't such an idiot.

A55BAG

GLD rallying

Don_Mask

As of right now I'm not really worried about unforseen costs since my father mostly helps with that although definitely once I stop getting support financially I will need a HYSA and I will definitely start slowly cultivating that but my main focus is investing as I want to put as much as I can towards that especially since I don't make too much money/month (around 500-600/month). I currently have 11k in investments, was 12k before in Jan. Planning to put a decent chunk per month or biweekly into whatever in whatever ratio and just let that ride. I'm just unsure of what in specific (stock/ETF) and what ratio. As of now I've just been putting x amount in mostly QQQM, VOO, VTI, VXUS, GLD. But I've seen elsewhere that a good ratio would be something like 60% into VTI (ETF covering the entire US stock market), 30% into VXUS (ETF covering international exposure), 10% into BND (ETF for bond). Which would mean I would stop investing in QQQM, VOO, GLD or at least mostly put all my cash towards VTI, VXUS, bond ETF?

BagHoldersOfAmerica

GLD our lord and savior

Accurate-Flow8078

Why does GLD and SLV go up on random days but down on others?

Caramel_Da_Cat

damn some1 just 10x'd with GLD 415C. shoulda woulda coulda bought @ 0.31 😭

hermeskino715

People buying GLD to get access to Kash's nudes? Interesting

New_Possible_284

why GLD is up?

natalie_merchant_fan

GLD we are so back

ReleaseThePodGeoph

GLD is looking mighty fine rn

Queasy_Soil9646

I’m tired of SPY. GLD calls for next friday?

CallsOrPutsYES

Im game to Hold GLD calls this weekend