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> defensive core against market crash Your defense against market crashes is the fact that you have 30-40 years. The market can (and will) crash over and over and over; it's not a big deal. Forget UTES, XAR, QTUM, and FTWU. > I have CLOZ/CLOX/FSCO/OUNZ as purely a safety net of capital preservation Also totally unnecessary. If this is for 30-40 years from now there's zero need to worry about capital preservation. Time is your friend.
get OUNZ or PHYS and you can actually convert to physical
Is OUNZ available to you?
That’s the point you acquire shares and then redeem for bullion. $OUNZ is unique in that you have the option to redeem for bullion
No this is dumb. Buy gold bars from Costco you’ll have to make few trips and get people to help you but whatever. Then store your gold in a depository or bank and use it for a collateralized loan, take the cash and use it as collateral to sell atm puts for $OUNZ. If your puts expire take the cash and buy more Costco gold if their assigned exercise the option on $OUNZ for them to calm your shares and deliver the gold. Rinse and Repeat selling acquired gold to pay the loans back or just bury it in the ground or whatever
GLD & OUNZ are going to print next week
$OUNZ. Gives you the option to take possession.
Construction, gold, and manufacturing. I've got money in some gold ETFs like OUNZ and a company(GAU) that acquires gold and other minerals. Both have been doing relatively okay. The ESG fund I'm invested in(ESGC) from invesco has been doing well too. I have a China ETF(GXC) that I suspect will grow with time.
I started investing in Sept 2024. While I have some red ink, I also have black as well. I divested out of most American stocks. I have a bunch of Canadian stocks ($vbnk, $OGD, $GRGD are all doing well. I made a nice profit on $ZOMD, killed it with $HPS-A. I hold some $OUNZ (ETF that tracks gold), $VE . $BTC is currently down, but I'm not worried about it. I focus on profitable small caps with great balance sheets
Gold ETF backed by physical gold such as OUNZ...which can theoretically be redeemed for physical gold. And half in physical bullion.
Buy OUNZ, TLT, SPDN (but put a limit sell order in to get out). China will HAVE TO devalue the Yuan to fire what may be the largest stimulus bazooka in history, which is so effing bullish for Gold that I am out of words for it. I am also going to look to take profits and buy BRK. BRK will lead the market coming out of whatever this is. And I trust their profile a hell of a lot more than tech megacaps as they are natural sanction targets. BRK is negotiating law changes with Japan to allow for larger holdings of trading houses. And when they deploy it will be crazy what they get.
AZO, ORLY. Monsters since '20. OUNZ, GDX and its constituents. BRK. CNVS
I mean I just think it gets pretty philosophical when it comes down to it. A dollar is a bank note from a federal reserve bank. The government gives it value. It depends on the stability of the government etc how much demand the notes will be in. Taking a look at the bond market, if you track the ETF GOVT, bonds are down 7.31 percent since 2012. I think that is a long enough time span to give rise to some concern about stability of fiat currency debt. In relation to governments whose fiscal policy represents a high degree of risk (speculative), the market is favoring gold, which since 2012, following the OUNZ ETF is up 116.79%. Now you can call me crazy, but I think the traditional relationship between asset classes that has existed through the last 100 years of market boom and reserve currency domination for the United States is coming to a close. Interested to hear your thoughts about it...
I’m not trying to make money this year, I just want to preserve what I have. 1. Physically backed Gold ETF, I’m running with OUNZ since their vault is London. 2. Go short the dollar as in I owe a significant tax bill so I’m taking a margin loan to pay it. If interest rates spike then shit has hit the fan and my gold ETF should be up. Similar thinking if interest rates tank, shit has hit the fan. 3. A few S&P puts to hedge my 401k money that I can’t move out of US treasury exposure. None of this probably matters if they did default on the US debt, we’d be into rice, beans, and bullet currency at that point. Who knows if your brokerage would even have their servers on. The fact that the US is intentionally tanking its own economy is unprecedented and many will refuse to believe it, I still can’t believe it but I’m planning on it. I got wiped out in 2008, 2 years after I graduated, I got wiped pretty hard in 20 and 21, I’m NOT doing this shit again.
By physical gold ETF, what do you mean? Almost all precious metals ETF are "paper" only. There are a few, like OUNZ etf that let you "cash out" into physical coins.
I just keep buying GLD and OUNZ.
OUNZ makes sense right now. [Gold just hit historic highs of $2,500/oz](https://finance.yahoo.com/news/gold-etfs-surging-heres-why-190000191.html) and OUNZ [just passed $1B in AUM](https://finance.yahoo.com/news/vaneck-merk-gold-trust-ounz-120000159.html). Smart move dumping NGL - their biodiesel business is hemorrhaging money with -$12.1M EBITDA last quarter. Gold's fundamentals are strong with mining permits getting harder to obtain and infrastructure costs rising. Physical delivery option on OUNZ is huge if things get weird.
Ten years ago, I invested $500K in physical gold. I bought American gold eagles and buffaloes, Chinese pandas, Canadian maples, Austrian philharmonics, and PAMP bars. It was a big mistake. From 2014 to 2019, the gold spot price essentially stayed at $1,300. The opportunity cost to me was significant because the stock market was rallying during this period as a result of QE, and I was missing the rally. The other problem was storage. I tried storing some in a safety deposit box at the largest US bank. After a few months, I received a letter asking me to remove my gold from their safety deposit box. How did they know what was in the box? I don’t know. I tried storing some in a gold depository. I had to pay 2 fees, one for keeping track of my inventory and another one for storage. The biggest pain is selling your gold, which I did in 2019 (before the price went up). That premium you paid for a shiny coin disappears once you try to sell your gold. Some dealers will just offer spot price, regardless of how nice or rare your coin is. Also, getting the gold to the buyer is your problem. In my case, I had to drive to the nearest Brinks warehouse and submit to their security protocol. The problems didn’t end there. The buyer/dealer asked to re-negotiate the price after delivery. How do you negotiate when the other person has your gold? If you really want to invest in gold, buy shares from a gold etf like GLD or OUNZ. With OUNZ, you have the option of exchanging your etf shares for physical gold with free delivery.
I like OUNZ. It’s not just paper… you can get it redeemed for physical
Adding onto u/consumervigilante, some gold ETFs allow you to exchange your shares for gold bars of equal value. One example is the [VanEck Merk Gold ETF ($OUNZ)](https://www.vaneck.com/us/en/education/the-gold-etf-that-delivers/). [https://www.investopedia.com/articles/basics/08/gold-strategies.asp](https://www.investopedia.com/articles/basics/08/gold-strategies.asp)
OUNZ is not leveraged but there are funds with lower fees https://etfdb.com/etfs/commodity/gold/
Yes it's risky. Both are risky but ULG is 2x leveraged so it is about twice as risky as OUNZ. OUNZ has .25% expense ratio. UGL has .95% expense ratio. You asked about hidden fees so you may or may not know about the financing costs of leverage. UGL borrows at around SOFR plus 50bps, which means around 5.8% currently. There's also volatility drag. For example if gold goes up 10% one day and then falls 9.1% the next day it will be where it started But UGL will rise 20% and fall 18.2%, which means it ends up down by 1.84%. Why are you interested in investing in gold ETFs? As you are probably aware, gold returns are similar to cash over yhe long term.
NEED ADVICE ASAP PLEASE! Gold ETFs, UGL, OUNZ Hello friends. I invested in UGL with long-term intentions because it's growth over both the past year and five years is great! I'm seeing things online saying that it is risky to invest in UGL long-term because it is leveraged?? please give me advice on if I should withdraw my investment. Or about any possible hidden fees. Also please tell me if OUNZ is similar! It looks promising to invest in but I am scared of hidden fees! I am looking for advice specifically for UGL and OUNZ, regarless of whether or not I also buy VOO so please stop commenting about VOO. Thanks a lot :D
Are you the only one here? I can buy VOO too but your advice isn't helpful at all because I'm also interested in UGL and OUNZ.
I want specific advice on UGL and OUNZ but thanks anyways.
I am looking for specific advice about UGL and OUNZ please
NEED ADVICE! Gold ETFs, UGL, OUNZ Hello friends. I invested in UGL with long-term intentions because it's growth over both the past year and five years is great! I'm seeing things online saying that it is risky to invest in UGL long-term because it is leveraged?? please give me advice on if I should withdraw my investment. Or about any possible hidden fees. Also please tell me if OUNZ is similar! It looks promising to invest in but I am scared of hidden fees! Thanks a lot :D
If you want the best of both worlds, VanEck's spot gold ETF OUNZ allows for investors to trade in their shares for physical delivery of gold bullions or coins via armored truck as a one-way non-taxable event. I presume if you really were the doomsday prepper type you would have the foresight to claim before things got super cagey.
I don't own any gold or know if $OUNZ is available in Europe. It has a neat feature wherein you can exchange your shares for physical gold to be delivered! [VanEck Merk Gold Trust ($OUNZ)](https://www.vaneck.com/us/en/investments/merk-gold-trust-etf-ounz/).
With regards to gold, instead of going to the hassle of buying, storing, and selling actual gold, you can buy gold ETFs that trade on the stock market just like stocks. They track the price of gold very accurately and some of them (like the OUNZ ETF) can actually be traded for actual gold pieces.
I think $OUNZ allows you to redeem shares for real gold.
Why not buy gold and silver ETFs. They track the price of the underling pretty accurately. You don't have to worry about storing your gold in a safe. The best gold ETF in my opinion is OUNZ by VanEck. You can buy the ETF through any brokerage account and it gives you the option of trading your ETFs for physical gold if you choose to do so.
Financials: 36% -PayPal & JPM Consumer Goods: 27% - KO, PG, Agriculture: 9% -CURLF and TLRY Real Estate/Construction: 9% - IIPR Retail/Wholesale — CURLF, TILRAY, RBLX, OUNZ Healthcare/Life Sciences — ABBV, TLRY, and CURLF My allocation by assets Stocks 81% ETFs 18% I’ve been busy with my financial services. I don’t care to much about sectors but I do like my portfolio heavily weighted in financials and health care(predominately medical devices not necessarily medications). Those are two sectors in my opinion companies can’t go belly up unless they’re blatantly embezzling.
It depends on how liquid you want to keep it. My personal preference on gold ETF is GLDM, having the lowest expense ratio with decent liquidity. However, it’s well known that these funds issue more gold shares than they have physically—and the prospectus usually says that they will settle in cash if they can’t redeem for physical gold, which, some would argue defeats the purpose. Having physical gold is the least liquid but is “better” if you are literally hedging against a collapsed currency/society. Another poster suggested redeeming OUNZ. Otherwise a gold dealer. You can hold physical gold at your house in a retirement account if you go the self-directed IRA route.
I've done the math, and you can get gold delivered to you via Brinks truck for about 3% over spot if you own the etf OUNZ and submit a request to take delivery on your shares, provided you do so in lots greater than $250,000. Seems like the best way to buy physical gold I've found. I think that's about the amount of money you should be looking to layout if you want to own physical gold, as well. As if you aren't ok in investing that much in gold, you likely don't have the resources to defend or safely keep your physical gold either. Despite the common outlook, gold is more valuable than something to own in case society collapses. It has value in any portfolio as a hedge against currency and financial markets. The liquidity of an etf, especially one that actually owns physical gold, is just too valuable to give up in most cases. Most people do not need to own physical gold personally, and there are significant costs to doing so.
They supposed to go up 😭😭😭 cause that’s why I bought OUNZ. Plus, the debt ceiling crisis.
As of right this moment....I'd keep about 50k cash. I'd put 100k into gold (probably $OUNZ), buy 100 SPXS 16 calls for Jan 19 2024, 200k into Gamestop (split 25/75 between Fidelity and Computershare), and 50k into AMC. But that's just me.
man I did really good a few months ago on $GOLD calls, reloaded up again with those and some $OUNZ calls as well but the price of gold has been tanking for whatever reason. China and russia are starting to stockpile gold and its only a matter of time before other countries start doing the same.
I dunno, I hope you're right for the sake of my calls, my last batch were up 800% at one point but it semes people have lost their fear of inflation. Im still holding a bunch of calls on GOLD and OUNZ but honestly at this point im not sure - barrick gets beat up a lot these days even when the price of spot is going up.
yeah gold gang got raped today. Im still holding on all my calls on $GOLD and $OUNZ. they expire in november so we still got time for inflation to get "real"
There will be a lot of disagreement from a lot of people on this, but my personal opinion- I am buying gold and silver. There are a lot of reasons to be buying physical metal right now, the regulations regarding banking and gold value change June 28 and there is a lot of upward momentum expected. Google "Basel III Gold Prices". The US mint just announced it can not meet sales demand due to a silver shortage, but the market hasnt moved, because there is no shortage of paper silver. The banks have been selling paper with abandon for decades, because nobody ever takes delivery of metals, they store it with the bank. That is changing in dramatic ways, and silver has a ton of industrial use in electric products and need for physical silver on an industrial scale is on a massive uptrend. There are lots of places in the precious metals sector to put money. I own $OUNZ, $PSLV $PHYS $SIVR and $SGOL which are all physical gold trusts, they just have a shit load of metal. My new play, however are the royalty companies- The cheapest gold is in the ground, but gold miners have operating costs and labor issues and law suits and rising costs, etc. A miner can have a huge year finding gold and make no money. The royalty companies provide money up front for a cut of the gold forever. The miner can make or lose money, doesnt matter, the royalty company gets 2% of the gold mined. The larger royalty companies own a cut of like 50 or 60 properties, and the shares of the bigger ones pay a dividend, with the idea that as the portfolio grows, so will the dividend. Right now I own $OR but will buy more when liquidity allows. There is also an ETF for the royalty companies $GOAU. If you want actual physical metal I like Kinesis. not advice do your own research biased opinion
oh damn just what I needed, another fucking levereged etf AND its gold too (jacked to the tits in $GOLD,$GLD,$AU,$PHYS,$OUNZ already but why not)
if you overlay the spot price of gold chart over the btc/ethe charts you can see the day when coin prices started their plummet and gold prices started rising. Probably still some room for growth, I got in a few weeks back and my calls are up like 600-800% depending on the time of day. I own $GOLD, $PHYS and $OUNZ. also some $PSLV , $CPER and a bunch of agriculture related stuff - its been keeping me from losing any money these last few weeks.
Good luck. Curious what made you buy Yamana over other options? I bought OUNZ primarily because it had the option of taking physical delivery of the Gold, which I though was cool and I’m going to test out soon. Bet shipping is a bitch, but we’ll see.