GLD

Appropriate_Ice_7507

My pussy is so hungry for something me calls! Gold bars been making it drip 💧 can’t wait to buy GLD calls

miguellan

So the intent is to hold SMH for the long term and use SOXX puts to hedge for a "disaster scenario" of 15%+ drop. If I'm understanding you correctly, yes the SOXX put would be quite OTM, like 10% to 15% OTM and yes it would take a while for SMH/SOXX to fall for before the value of the SOXX put to gain value. So therefore, it's not a straddle, correct? Yes this strategy is very similar than your GLD/SGOL strategy.

Icommandyou

🚨just got off the call with the president, here are more details of the deal: * IRAN and IREN to merge, cause they sound similar and we can have only one of them * Iran will control 50% of spacex cause there is no Hormuz in the space * Iran will build toll booths made up of GLD stocks for decorations to make it look golden

fatheadlifter

You better buy GLD then. Nobody credible is saying the market can never go down. That's a classic strawman argument.

HolaMolaBola

Not a tax specialist, but it can be helpful to remember that the reason the straddle rules exist is because the IRS doesn't want you to close one side for a loss in this tax year while deferring gains to a future year. So if you're just dabbling in SMH and plan to likely close before the end of the year, then the straddle rules are of no practical importance. If the plan is to hold SMH indefinitely, then the moneyness of the SOXX hedge when it is initiated helps to determine if you have a straddle situation or not. What kind of hedge are you considering? Because if the SOXX hedge works to (in their words) "substantially" offset losses the moment you put it on then it's probably a straddle. But if SMH has to fall a bit first before the hedge springs to life and starts offering protection, then it's not a straddle. I do this all the time myself. I use the (more liquid) GLD contracts to hedge my SGOL. I use EEM to hedge IEMG and SPX contracts to hedge US stocks.

Appropriate_Ice_7507

Hi it’s me again…you know the one with a gold bar up in my pussy. Well GLD calls went zero…so guess I’ll stuff something else up there.

NotPapaElon

!banbet GLD -5% 1w

drew-gen-x

I'm net long. I BTD in $XVUS, $EWJ, and $GLD on Monday & Tuesday. But the $SOXX should pullback and retest $495. There's no more upcoming earnings to FOMO into.

Dude_HaHa

# 80 yr mortgages at 15% # 10 yr car loans at 10% # US10Y at 10% # WTI at $300 # GLD at $10k # SLV at $5k # SPY under $250 for a decade.

Xclusiveplaya

I need GLD to fly

LostBull92

!banbet GLD +1% 1D

trsx5

Meta long or short? If you like GLD, check out SHNY

SevereRule5718

damn bro. $META and $GLD are my plays for tomorrow until $MU goes to 800 by Tuesday. If $MU drops, I’ll get a weekly.

Xclusiveplaya

GLD $430 calls 5/29

TreGet234

The 6 month GLD chart is gutwrenching. Look how they massacred my boy. Surely all the risky ai money is bound to rotate into this counterparty risk free store of value?

Red_V_Standing_By

My foundational GLD position has really been fucking me in the ass.

TheKiMoChi2020

I should buy MU instead of GLD lol

drew-gen-x

I am less bullish on $GLD than I am on $VXUS. But Gold is a hedge and if gold underperforms the rest of my portfolio then the rest of my portfolio has likely done very well. I like to add to keep my gold position around 15% of my portfolio. If the rest of my port appreciates then I look to BTD to add to my $GLD or $PHYS positions.

Struddies

$GLD is going nowhere but down or sideways for the next 1-2 years

Xclusiveplaya

GLD $430 5/29

drew-gen-x

There's risk everywhere in life. What happens when semis crash to US stocks? I also buy $VT and $GLD to hedge. Right now I believe the Yen scare and Crude Oil scare is a buying opportunity for World ex US & especially Japanese stocks. And living in the USA I need to hedge my USD risks b/c that's what I get paid in.

drew-gen-x

I should have BTD heavier on $VXUS yesterday. I bought $GLD 2 days too early but I'm now even there. You can't time every pullback perfectly but it's way easier to BTD in the indices in this crazy volatility market over individual stocks.

Red_V_Standing_By

GLD hasn't done shit in quite a while. Feels like it'll be back on the menu soon.

Live-Airport6156

GLD puts. Truss

wballz

Space: RKLB & MDA Biotech: DRTS & SLS & 4DX (ASX) Rare earths: LYC (ASX) Inflation hedge: GLD

HaveAKlondike

Just saw a post about AI and precious metals get taken down from the sub. Definitely a tldr and that guy must have spent a day doing the research. Seemed thoughtful and coherent. Must suck to have automod destroy your work. In short, AI bros will need to get some knee pads out and to have any chance of scaling and it likely won’t make any money. The data center buildout can’t be accomplished without China. Musk needs the children to yearn for the mines. Long SLV, GLD and rare earth metals.

HaveAKlondike

Just saw a post about AI and precious metals get taken down from the sub. Definitely a tldr and that guy must have spent a day doing the research. seemed thoughtful and coherent, the children yearn for the mines. Long SLV, GLD and rare earth metals.

Appropriate_Ice_7507

I stuck a gold bar up my pussy because it’s more useful than holding GLD!! Like wtf, GLD is down when there is high inflation?

Snowman33001

GLD YTD chart is…interesting. Remember when some people in here were saying it was “free money?”

fldsmdfrv2

So... buy GLD, SLV, XME, COPX?? Spill the beans.

drew-gen-x

I keep my portfolio under 10% individual stocks. The March sell off this year convinced me that I’m nowhere near as smart as I think I am. The upside is I did time the March 31 bottom in $VT, $VXUS, $EWJ & $GLD. I’m much less stressed today than I was going through the March sell off. I’ll gamble with 10% of my portfolio but more than that isn’t worth the stress even if I did get lucky & bought the winning stocks.

Kinnins0n

Look what they did to my GLD boy

trustfundkidotaku

Yes basically is a good buy in the bottom range But idk about sell ur share on a loss to gamble even more on a 2x u loss ur shares plus u put it in a leverage etf that keep decaying I probably would sell the winning part only like GLD or Bonds or something else

drew-gen-x

$VXUS Most US investors do not own World ex US stocks. So if your port is mostly $SPY, $QQQ, or $VTI; I would recommend opening a position in $VXUS to diversify or hedge risk away from USD. I like and hold $GLD; but Gold price is volatile (short term) and you really don't want to hold more than 10-15% Gold in your portfolio due to currency risks.

FatBastardsHungry

It’s the new GLD

drew-gen-x

2 things can be true at the same time. This might not be the best time to lump sum into the market and it's also usually a good idea to start good habits like investing ASAP. You have to remember the economy can go into the shitter and the USD can also lose value due to inflation faster than stocks losing value vs USD/DXY. I would figure out a plan. I am more bullish on World ex US than US so I BTD in $VT and $VXUS vs many here BTD in the $SPY or $QQQ. I will say stay away from buying individual stocks until you have a good foundation of at least $100K in indices or ETF's like $VT or $VTI. I think you can count something like $GLD towards that $100k foundation; but don't go all in on anything. Good luck.

drew-gen-x

US Treasuries wouldn't be a bad BTD buy here for someone that didn't already have a position in $TLT. I bought $GLD instead as I think we are near a temp peak in US 10 yr interest rates. Long term I don't want to hold US Treasuries, but short term as a trade, I think US interest rates move closer to 4% than 5%.

drew-gen-x

Nope. I dropped over $60K into the market on the week of March 31, 2026 buying $VT, $VXUS, $EWJ and $GLD. I'm just not a reddit perma-bull tech bro. I am bearish on the USD & AI cap ex circle jerk though

drew-gen-x

I see the downside risks for Gold. I think a retest of $3500 is in the cards. However my cost basis is still around $3500 for my total Gold positions after buying $GLD today. I have been swing trading $GLD, buying when the Gold price is b/w $4400-$4600 in both Feb & March 2026 and selling b/w $4800-$5000. If this swing trade doesn't work this time and Gold continues to drop that's fine b/c I don't mind holding. Long term the USD will move lower and Gold will move higher. I would rather hold Gold over US Treasuries for cash I don't plan on using for the next 2-3 years. Of course I am also buying $VXUS over $VTI or the $SPY for the same reason.

Spy300

This is the bottom in GLD - the 18th of May at 11am EST

drew-gen-x

Buying $GLD here which is probabally a mistake.

Kinnins0n

GLD bout to print hard

Acceptable_Past6295

I see a few ways to invest in gold, and each has tradeoffs. Physical gold at home keeps me safe from bank failures, but dealer markups are high, around 5 to 10 percent. Selling also means finding a buyer. Gold ETFs like GLD are easy to buy and sell with low fees. But I don't own physical metal, just shares of a trust. If markets freeze, I might not get my gold. Gold mining stocks aren't really gold. Just equity exposure with extra risk. Digital gold platforms let me own fractional physical metal stored in a depository. I can sell instantly online, and some offer delivery. But in a crash, a digital platform is only as safe as the depository and my ownership record. I need allocated metal in my name, not a pool. I keep some physical gold at home for true catastrophe insurance. For the rest, I use a mix. A platform like Ownx stores allocated metal in insured depositories, so I know the gold is mine and separate from the company. I also keep some in a low cost ETF for quick liquidity.

kdf360

I've had an AI/DC (AMD, ASML, ANET, MU) and energy (GLNG, SBGSY) core with some metals (FCX, GLD and SRUUF) and exploratory positions / small trades. Ahead of the benchmarks...

isolated-cat

I'll spam the buy button on GLD if it hits 400-405 range.

Apost8Joe

Absolutely!! And it’s entirely up to you to report tax upon cash sale down the road, whereas GLD is taxed as income up to 28%. So there’s that.

Putrid_Pollution3455

But what if the stonk market crashes! Gasp! 😱 /s Ok you little shit…here’s the everything bagel; 10% each…( GLD IBIT TLT USFR VTI VXUS SSO SPYI ANGL PDBC)

Putrid_Pollution3455

They need to max leverage SGOV and buy GLD IBIT and TECL for the loooorrreeee

Jammer250

Gold ETF is a good hedge in a diversified portfolio. I keep GLD at 10% of my taxable

Equivalent_Map951

I sold my Gold and Silver last week. Both are going down further and I’ll buy back the dip. Silver to $50 and Gold to $3600. I prefer Sprott PHYS and PSLV both backed by 100% gold or silver. GLD and SLV are too volatile (paper contracts)

Iunatic

Now replace SLV = SNDK, GLD = MU, shiny rocks = memory stocks

Moepenmoes

3 months ago all this sub used to talk about was "BUY SLV, BUY GLD, JUST BUY ALL SHINY ROCKS"

Imaginary_Lock1938

what others have said - monthly pension contributions being auto invested for people who don't even realise that they own a bit of some pharmaceutical company or that they just lent US gov some money. I think a lot of movement is mostly due to shifting of money, often from one profitable company onto another, sometimes less profitable company which has seen more gain in its stock price due to some craze (dot com, AI, PE not that long ego), add to that shifting of money between asset classes, so stocks, minerals, metals. GLD went up initially because govs decided they want to stock up fast, that moved the price, retail investors followed. Now semiconductors/AI got the attention, people are buying into that, by getting money from what? - Selling their GLD, which naturally brought its price down...

brightblueson

|Allocation|ETF|Theme| |:-|:-|:-| |30%|SMH|Semiconductors & AI hardware| |20%|URNM|Uranium/nuclear fuel cycle| |15%|SPY|Broad market anchor| |10%|GRID|Electrical grid infrastructure| |10%|XLE|Traditional energy| |10%|AVUV|Factor diversification| |5%|GLD|Hedge|

Ornery_Ad98765

I have SPY 880 for Jan 2027. I’m not sure on strike for weeklies yet. GLD I’m just holding shares right now but I think 600 isn’t crazy

Ornery_Ad98765

GLD and SPY calls it is

iwasshotbyatigeronce

May be time to start shorting GLD. If yields are just gonna rip, GLD puts are an easy play.

BabyDontHerdMe_NoMo

Thanks for sharing! I would suggest the following: 1. You are a little heavy on tech (Software, Semis, Quantumn). Just choose 2-3 that you like. 2. Consolidate your crypto investments. Honestly keep BTC and sell the rest. BTC is great and at least proven in the crypto world, the rest are speculative. 3. You have buying power. Consider buying GLD, BRKB or SCHD. The key here is to not overexpose yourself (See #1) Let us know if you need clarification on anything! At 20 years old you are ahead of the game, kuddos!

softboiledjadepotato

GLD not working cause DXY on the rise

drew-gen-x

I still might add a small tax lot to $VXUS today, but I still have a lot of dry powder since I tend to be a bit too bearish for my own good so please take what I say with a grain of salt. Everyone needs a plan. I want to be clear b/c I know I trade too much w/ 10% of my port and I post those trades here. I am talking dry powder. I will only add more dry powder to my foundation of $VT, $VXUS, and $GLD once we hit fear or the 200 DMA.

drew-gen-x

I just have my list ready. I'm not smart enough to know what stocks to buy so I just watch the 200 DMA and pull the trigger on $VT, $VXUS, and $GLD when they are about to hit that level. I feel if it doesn't make you feel physically & mentally sick when buying, then there will be better opportunities to buy in the future.

Staynunknown4ever

They should issue 1.5 billion more share and try to buy GLD for half cash, half stock

Concept-Plastic

Down 5k on GLD calls. Wow

SpyRuinedMe

GLD also known as physical shitcoin. Moves down but not up with the market

cripky

imagine buying GLD recently when you could have followed the crowd into AI and made a killing

Honest_Persimmon_859

Finally, my GLD calls might finally start cooking again.

Putrid_Pollution3455

there's alternatives, the Harry Brown PP (great marketing name btw) 25% VT/USFR/TLT/GLD pull off whatever is up, if everything crashes, you're 25% short term treasuries, a cash equivalent.

Xzlk

I would shift to GLD to prepare for a recession but Gold has been memed so hard that it will also dump

mirror_dude

Just did a quick back test using Testfolio. Since April 1, 1968 to now, VTI is up 39,376% for an average CAGR of 10.83% and a max portfolio drawdown of -55%, Gold is up 12,290%, CAGR 8.65%, max drawdown of -70%, and a 50/50 combined portfolio with yearly rebalancing is up 40,278%, CAGR 10.88%, max drawdown -38%. Going 90/10 VTI/GLD is even better with CAGR of 11.05%. So this shows very clearly the huge value that GLD has as portfolio ballast. All values not inflation adjusted

yodamelon

MSFT is trading with GLD.

Putrid_Pollution3455

Stonks? Green. VIX? Green. IBIT? Green. Crude oil? Green. GLD? Green. TLT? somehow also green

hermeskino715

GLD just complete 180 holy shit

Inner_pizza

Look at selling otm calls on itm GLD leaps. Also don't overlook PSLV or AGQ, silver is going to run over the next 2 years.

No-Consequence-8768

Not Risky at all.... I like XLK over QQQM. VT is a no for me. IBIT, sure I have a Tiny bit, yet GLD I would Sub for.

trentcoolyak

LEAPs on all the stocks I like are overpriced rn. But I bought a huge # of NVDA calls at like 350 or 400 expiring Jan 2027 2 weeks ago, up 2x already Also GLD LEAP puts! Gold investors are part of a religious cult

expendiblegrunt

Good thing I held onto my GLD

powerboner

SPX until 5pm, 4:15 for SPY, SOXL, GLD, QQQ, all the big bois and many more. NDX might be 4pm but pretty sure until 4:15

Xzlk

GLD w/ no reaction is absolutely ridiculous

drew-gen-x

I don't need AI to tell me that we are in a bubble. You get crazy stock & asset price volatility like a casino when the underlying money is becoming worthless. I've moved 90% to ETF's and my strategy for the last 2-3 years is a bet against the USD or as I like to call it the DXY devaluation trade. If inflation is going to run rampant like the 1970's and the Fed is stuck and can't raise interest rates on the 10 yr more than a token raise to 5% since the interest on US debt is now more annually than the entire US annual defense spending then I will use those USD to buy foreign stocks and hard assets. I've been long $GLD, $VXUS, $EWJ and $EWY with a mix of $VT to catch some of the AI circle jerk bubble upside. I did recently sell $EWY Monday b/c the valuations were becoming bubblicious. But the problem & disconnect b/w the economy vs stock market is entirely due to the loss in value of the USD. I don't need some AI agent to point that out. It's easier to just track the DXY to make ETF & world indice buys & sells than trying to track multiple individual stocks as well. Just make it simple, stupid, is an investment strategy.

Cav829

I tend to prefer an ETF as well as storing physical gold has its own challenges. That said, depending on your timeframe, I prefer PHYS to GLD as a long-term play. PHYS has a lower expense ratio, though it's not as liquid. PHYS also gives you the option to take physical delivery of your gold if you choose to go down that route. GLD will tend to have higher highs if you're just looking for profits, but gold is not the investment to be in if you're just looking for a quick buck. You're just in here because of the run-up we just had. Gold to me is about being an inflation hedge, and the gold market has a way of shaking out people just in it for a quick buck.

SameCategory546

physical gold has its place. If I wanted to buy computer blips, I’d buy mining stocks or royalties. Anyone saying etfs are better than physical because “societal collapse” is forgetting that 1) if societal collapse happens, yes, everything becomes useless, but only physical metals will make it to the other side, and society always does eventually find a new order 2) there are scenarios where a gold etf loses all its value and physical doesn’t. Those may be farfetched but societal collapse is even less likely and they brought up that lmao. 3) nobody knows you own physical and if you gave it to your kids, nobody would ever know but if you fave them GLD shares, then of course there will be a big digital trail.

Various_Couple_764

the best way to invest with gold is to use a gold covered call fund like IGLD or I AUI and both yield about 10% . I GLD currently shows a higher yield because of a special distribution lat last year. its these funds you don't hold gold. The funds make money from covered call and pay that out as a dividend. No need to find a safe place to hold gold. No need to by and sell, No need to wait years for the price of gold to rise and then sell Just regular monthly income.

justin107d

If "all the banks start failing" gold is not going to be as useful as you think it will be. Most physical gold is marked up extraordinarily high, trading an ETF like GLD is the way to go.

AntiqueProfessor5134

I just keep about 10% of port in GLDM as gold holding. I'm frankly not worried enough about a crash to bother with owning physical gold. GLD is suppose to be backed by physical gold, and it has \~150 billion in AUM. The odds of insolvency seem lower then the odds of somebody breaking into my house and taking my physical gold. Generally investments should not fail on the same way that banks fail. When you deposit money at a bank, your money becomes the bank's money, and the bank is allowed to invest it however they see fit. If their investments lose money then they may in theory have trouble paying you back. That's where the FDIC comes into play. Investments such as equities and ETFs don't work that way. When you buy investments through a broker, the broker buys those investments and holds them for you. They are not allowed to use your money for other purposes. The investments may lose value if the market crashes, but even if the brokerage goes insolvent, your investments should be in their own little pile. There is some amount of insurance for investments in event of broker insolvency, but unless the broker was committing fraud it really shouldn't be a problem. This should work the same way for gold ETFs. It is safe to say that if Fidelity or Vanguard or Schwaab are filing for bankruptcy your investment portfolio is likely to not be doing great though.

worktogethernow

Physical gold locked in a safe bolted into the basement concrete? Or $GLD ?

PapaCharlie9

No, it's more about macro-economic catalysts and trends. Like KWEB was during the trade war(s) with China and KRE was during the regional banking crisis. They were directional play where I was rolling long puts to catch a bear downtrend. For GLD and XLE (commodities) and XAR (defense sector), it's usually a directional play when there's a demand crisis, like a war. I've only taken bullish positions on these to ride the trend up. For volatility plays I'm sector-neutral. I just go where the vol is, I don't really care what the underlying is. Like around the time that the SPAC for what became Truth Social was getting hyped, vol was all over the place. Fun times.

onerandomcomputerguy

I already have some UGL (2x GLD)

SomePolack

Commodities is looking like the next move GLD/SLV/USO pumping 

SomePolack

Finally picked up some GLD/SLV calls, hoping they pump off CPI - maybe this is the next rotation 

bemeandnotyou

Indians buying SLV since they were told not to buy GLD

Happy-Champion1661

this \^\^\^ I had the same flashback to GLD and SLV LOL

Fhyzikz

MU and SNDK are meme tickers. Need a GLD and SLV reckoning day

Upstairs_System_6257

I think so too. Was long oil since friday but now that it hit +5% it stopped moving, so I moved mostly to GLD short and waiting to see what happens in Iran next.

SaucyCondiment

USO rising along with GLD and SPY? Truly amazing market behavior 😂

rottenfence

Remember when SLV & GLD pumped endlessly for months? I’m no expert but something tells me we’re about to see something similar with BTC..

Mug_of_coffee

> And caused me to make a new rule for myself: no more commodity ETFs Holy smokes - you were the GLD PMCC Guy!

TheInkDon1

I personally never go short; been burned too many times. That would be me saying today, "Even though I can see with my eyes that SMH is going up strongly, I bet it's going to go down......\_\_\_\_\_" When? Tomorrow? Next week? Next month? I'd rather ride the trend. Do trends turn? Absolutely. But does an ETF's momentum turn so abruptly that I can't see it and get out? No. But I'm also in the market every day since I retired in Feb. Does this trend make me wary or euphoric? Neither. Though a bit on the the wary side, tbh. I've experienced this with bold GLD and SLV at different times, and those DO move quickly. (And caused me to make a new rule for myself: no more commodity ETFs.) The day of reckoning for SMH may well come, but I'm betting it'll be slow enough to see and react to. Take care, Mike

Iunatic

It's the same with whatever's run up a gazillion percent, this sub only wants to buy at the top of the parabola. ARKK/TSLA, corn/MSTR, SLV/GLD, and now semiconductors. Sometimes it works out like with NVDA and memory -- so far. But fomo usually makes more people feel regret than not

Jerikolol

remember GLD and SLV? how everyone and their mothers was spamming this thread before the big culling, when SLV did what was it again -25% in a day etc? Is DRAM different? Ok its got fundamentals... but what happened THIS week, that makes memory players worth 40-70% more than the previous week? lmao really? I am not a ghey yoggiber, and yes, i sold out early from my MU (kept my sk hynix tho), and missed most of this rally, BUT, but I just question why eveyrone piled on now all of a sudden. And if we have insane ilogical volatility to the upside, then surely the corollary is also true, we can have insane ilogical volatility to the downside (next week?)

iLogicFFA

Just buy GLD then on the next down swing load up on TQQQ infinite money