Reddit Posts
PSLV vs THE WORLD - Must read for gold and silver bugs.
Is HYMC a Piggy Bank for it's Investors and Can We Profit? Some DD
We are in the early stages of an inflation driven financial crisis
Platinum is about to soar, so get allocated platinum (SPPP) now
Platinum is about to soar, so get allocated platinum (SPPP) now
Chaos in South Africa may cause a COMEX default
Old portfolio is PHYS, IAU, GLD, BABA, AMC, TSLA, PLTR, ASTS, SPOT, MNMD, and last but not least, GME. Current portfolio is straight PHYS, IAU, and GLD. And this is after about a month maybe. Wake up, people, the end is nigh.
Expect to be flooded today with shills. They love preying on your emotions. Give them no rest.
Uranium market update, one of the biggest catalysts to date is about to be in place.
Mentions
PHYS, SETM, SLV, QQQM, VYM. There’s tons of great options other than VOO. I’ve been investing in PHYS since 2018 and best decision I’ve ever made
PHYS in my IRA has turned out to be my smartest move in a long long time.
PHYS and PSLV it’s too hard to sell physical IMO. Too illiquid. Even though it should be the MOST liquid since it’s technically pure value. But that takes a person willing to trade for gold. 98% of people want cash not gold. They don’t even know where they’d go with gold to get cash which is what we use for things. Yes the dollar is dying. But physical is just a bandaid or like playing with a doll for crazy people. I don’t think the world is going to turn into Fallout where I’ll have to buy safety and food with silver coins. That’s bonkers. But the macro trends here are obvious.
If you want physical representation and being able to transmute it to actual bullion, I'd go with PHYS and PSLV. They have fairly high requirement amounts but, I have easily counted 20 times this year where you could get it around -3% under spot price by calculating the share price/outstanding amount to bullion cache.
Meh, that's way too much hassle when dealing with a large portfolio. Have like 10k of precious metals in hand, but beyond that if PHYS goes broke I doubt my physical gold is really going to do much for me.
Im more of a holding PSLV or PHYS guy. Imo if your silver or gold shares aren't transmutable to hard bullion by design then they accommodate the speculation side but, aren't worth as much on the debasement back stop side if that makes sense. If I dont have the option of both vectors then its just not as appetizing to me.
powerhouse $PHYS up .75%, shitty stinky GLD onlly up .27%
PHYS is better than GLD, including for tax treatment holding real gold would be better, I suppose
Gold is the OG of all assets. I like $PHYS as it is a fund that buys & holds actual physical gold and doesn't just trade on the price movement. Just buy 10 shares. It's only around $33. With all that said, I think crude oil is a much better buy than gold right now.
Pretty good since my largest holding is $PHYS (Gold)
PHYS, EEM, IEFA, VEA, IWM, XLK, XLP, XLV some tech now maybe, in shares
Don’t let your money sit idle. You can buy commodity trusts (uranium, gold, silver) on the exchanges. U.UN, PSLV, PHYS. When stocks nosedive, these will go up. Energy like FRU pay dividends at solid yields. Or as a safer bet, put your money in a HISA (High Interest Savings Account). There are two I use when I know a big chunk of cash is just sitting there. PSA and HISA. Not financial advice. IMO. GLTA
Theoretically, if ETFs or funds like GLD, SLV, PHYS, PSLV etc. could issue more flexible (transactable) "shares" (e.g. via the stable coin mechanism), it could make a dent. The problem is that their vaults reside in jurisdictions, where the insane western governments could start going after the physical assets. We have a precedent for that in Executive Order 6102.
SGOL is best if you want to boycott the monopoly companies like blackrock. PHYS has liquidity issues in comparison.
If you want to invest in gold don’t mess with futures. Especially if you don’t know what you’re doing lol. Stick with GLD or IAU if you want liquidity. PHYS if you want your shares backed by actual gold.
no big deal, safer and less retarded than options lol. it's treated as a collectible i read, 28% cap gains no matt hwhat. PHYS is treated as a security apparently, with normal cap gain table
options or shares? PHYS has better tax treatment in US if you own shares.
Yeah, for the common schmo it isn’t possible but I think for the purpose of signaling legitimacy to PHYS as a whole it works and puts it above most/all other gold related assets
>PHYS .... you can trade your shares in directly for physical gold. That's true but with a major caveat. You must redeem an amount equivalent to at least one full LDG gold bar (typically 350–430 troy ounces, or about 10.9–13.4 kg... which is $1.47 million to $1.81 million) You can't just redeem $4200 worth of PHYS for an ounce of gold.
Just buy it digitally, I listed what I use it’s the stock ticker PHYS. It’s backed to gold in a vault in Canada.
CEF is another solid investment from SPROTT if you believe in both gold and silver but want to hold both in a 2:1 ratio in one fund. Can also be cashed in like PHYS and PSLV. The writing is on the wall and I’ve been riding this train up the last year+ as the fed rack up an insurmountable debt load.
I think a bit of both is good, silver has far more real world applications than gold does. The silver equivalent for PHYS is PSLV
PHYS and PSLV are what I’ve chosen but you can weigh the pros and cons of others
it’s not a flat rare 28% . 28% is the highest bracket for the collectibles tax . if you are an american and hold PHYS there is a filing you have to do every year to get it treated like regular long term capital gains instead of collectibles . irs for 8621 with the QEF election - otherwise if you don’t file it your tax treatment could be MORE than the collectibles tax ( only if you have a lot i think ) because PHYS is considered a Passive Foreign Investment and that has its own tax brackets . i totaalky think it a worth it to own PHYS and file the irs form . it could be a considerable tax saving ANd the fact that you own actual cataloged gold just in case there are paper gold shenanigans afoot . i do my own taxes but i am going to hire a guy just to do the 8621 filing for me
PHYS if held in a taxable account has a special tax filing : form 8621 QEF election that must be filed with taxes every year that you own the fund . there is information about it on the sprott site and they release the forms you need every year . what this does is make it so that your capital gains on PHYS are taxed like regular capital gains instead of at the (higher ) collectibles tax that every other gold etf is taxed at . if you DONT file the forms your taxes could be HIgher that the collectibles tax
A bull case for gold is a bull case for silver too, I’m not actually entirely PHYS I’m also in on PSLV, which is the silver equivalent. silver is nice because even if AI saves the world we have to update our power grid and silver is the best conductor after all.
From Claude Opus 4.5 🔍 CRITICAL ANALYSIS: REDDIT GOLD THESIS VERDICT: PARTIALLY VALID THESIS WITH SIGNIFICANT EXAGGERATIONS AND OMISSIONS ## ✅ CLAIMS THAT ARE **VERIFIED & ACCURATE** **1. Interest Payments at $970B in FY2025** Interest payments on the national debt totaled $970 billion, surpassing spending on national defense . This is the **third-largest federal government expenditure** behind Social Security and Medicare. **2. Central Bank Gold Buying at Record Levels** Central banks have accumulated over 1,000t of gold in each of the last three years, up significantly from the 400-500t average over the preceding decade. The claim that central banks are buying gold “at rates not seen in decades” is **TRUE**. **3. Gold Now Exceeds US Treasuries in Central Bank Reserves** Gold’s share of global reserves climbed to about 18% in 2024, up sharply from mid-2010s levels. According to the IMF, gold has overtaken U.S. Treasuries as the world’s dominant reserve asset. **4. CBO Projection of Rising Interest Costs** The Congressional Budget Office (CBO) projects that if current laws generally remain the same, net interest payments will total $13.8 trillion over the next decade, rising from an annual cost of $1.0 trillion in 2026 to $1.8 trillion in 2035. The Reddit post said $2.6T by 2035 - CBO says $1.8T. **Reddit OVERSTATED by ~44%.** **5. Gold Hit $4,000+ in 2025** Gold was trading at $4,121 per ounce at 10:05 a.m. Eastern Time today. Gold reached an all-time high of $4379.22 on 17.10.2025. Up **~57% YTD** - remarkable performance. **6. PHYS Tax Treatment vs GLD** GLD’s gold is treated as a “collectible,” and gains on holding GLD are taxable at 28%. Special federal income tax rules apply to holders of the Sprott Physical Gold Trust, because it is classified as a Passive Foreign Investment Corporation (PFIC) by the IRS. If a U.S. non-corporate holder makes a timely QEF election each year by filing IRS Form 8621 with their federal income tax return, capital gains will be taxed at either 15% or 20%, depending on your income level. This is **TRUE for US investors** ----- ## ⚠️ CLAIMS THAT ARE **MISLEADING OR EXAGGERATED** **1. The “$25.8 Trillion Debt Wall” Figure is Contested** The Reddit post claims 9.5T + 7.3T + 9.5T = $25.8T maturing in 2026-2028. The actual data shows: Over half of U.S. debt owned by the public (more than $14 trillion) will mature in the next 3 years. Most likely this debt will need to be refinanced. So the number is closer to **$14 trillion**, not $25.8 trillion. The Reddit post appears to have double-counted or used inflated projections. **2. Janet Yellen “Intentionally” Flooded Short-Term Debt** Yellen said Roubini’s argument “suggests a strategy that is intended to ease financial conditions, and I can assure you 100% that there is no such strategy. We have never, ever discussed anything of the sort.” By late 2023, TBAC recommended much higher issuance of bills because the dearth of new issuance had resulted in a shortage. Bills were yielding an attractive 5.5%. Deposits into money market funds ballooned from $4,600 billion in early 2023 to $6,000 billion by early 2024. Money market funds are big buyers of bills. The “intentional manipulation” narrative is **politically charged and debunked by Bloomberg Opinion**. The strategy had defensible economic rationale (strong bill demand, expected Fed rate cuts). **3. “We Have 2 Choices: Deflation Crash or Inflation Melt-Up”** This is a **FALSE DICHOTOMY**. Sophisticated economies have more tools: debt restructuring, gradual monetization, GDP growth, taxation adjustments, entitlement reforms, currency devaluation, etc. The binary framing is fearmongering. **4. China Taiwan “2026 Invasion” Certainty** The Reddit post states China’s army “must be capable of invasion by 2026” as fact. This is speculative intelligence assessment, not confirmed policy. Military capability ≠ military intent. The timeline has been debated and extended multiple times. ----- ## ❌ CLAIMS THAT ARE **WRONG OR MISLEADING** **1. “BBB Showed Zero Interest in Dealing with Debt”** The Build Back Better Act was primarily a spending bill, not a debt reduction bill. Conflating the two is intellectually dishonest. Also, recent tariff revenue of $202B showed some deficit reduction efforts. **2. “Official Inflation Numbers Are a Lie”** The Reddit post cites ShadowStats - a fringe website that uses outdated 1980s methodology. While CPI has limitations, mainstream economists don’t take ShadowStats seriously. The methodology changes were made for legitimate reasons (hedonic adjustments for quality improvements, geometric weighting to account for substitution behavior). **3. “Nifty Fifty Crashed 50-80%”** While true that some crashed, **many Nifty Fifty stocks (like Disney, IBM, McDonald’s) went on to deliver exceptional long-term returns**. The comparison conveniently ignores survivors. Cherry-picking. ----- ## 🎯 WHAT THE REDDIT POST **OMITS** (Critical Omissions) **1. US Dollar Remains World Reserve Currency** Despite all the doom, the USD is still 58% of global reserves. De-dollarization is slow - decades, not years. **2. Gold Generates Zero Cash Flow** Gold is not a productive asset. It doesn’t generate dividends, earnings, or rental income. It’s a hedge, not a growth investment. From 1971 to 2024, traditional stocks averaged 10.7% annual returns, while gold averaged 7.9%. **3. Gold Already Had Its Run** Gold is up 57.11% compared to the same time last year. The thesis would’ve been brilliant **a year ago**. Buying now is buying AFTER the move, not before. **4. Central Bank Buying Could Slow** Turkey flipped from buyer to seller in mid‑2024 to manage its domestic gold market. Central bank gold purchases are rate‑insensitive: purchases averaged 450 t/yr in the high‑yield 1990s versus almost zero net buying when rates were near zero (2001‑09). ----- ## THE UNCOMFORTABLE TRUTH The Reddit post reads like it was written **after** gold’s run to justify a position the author already holds (“Position: basically entirely PHYS”). This is classic **confirmation bias** - finding reasons to support an existing belief. A year ago, this thesis would have been brilliant. Today, it’s rationalizing buying at the top.
Yep, if you’re holding gold in a taxable account, you’re right. I didn’t know about that PHYS advantage, so thank you. In a tax-free account it’s immaterial.
I think so personally but you can choose whatever. PHYS is taxed as capitol gains while others are treated as a flat rate 28% tax because they’re considered collectibles, at least that’s how I understand it.
Those are gold ETF’s, yes they do have gold but they’re treated as collectibles which is a 28% flat tax. PHYS is a closed end fund so it gets treated as capitol gains. At least that’s how I understand it
GLD does hold physical gold. GLDM is the same but much cheaper (0.1% expense ratio) PHYS costs 0.35% If you’re holding in an IRA the tax rate is immaterial and so GLDM is your best bet.
Chatgpt’s analysis of your post: ⚠️ WHAT IS MISLEADING OR OVERSIMPLIFIED 1. “There is a 25.8 trillion dollar debt wall in 2026–2028” Misleading framing. The numbers are roughly correct, but: • Treasury constantly rolls debt. This is normal. • A big maturity wall does not mean the U.S. suddenly owes trillions in cash. • The U.S. isn’t a corporation refinancing a loan — it issues new Treasuries daily. A maturity wall increases interest-rate sensitivity, not bankruptcy risk. This is a key difference the redditor ignores. ⸻ 2. “Yellen intentionally prevented longer-term bonds from being issued.” Half-true, half-speculation. • Treasury did bias issuance toward short-term bills. • But the reason was funding flexibility, not sabotage or deception. • Longer-term auctions remained normal; they just didn’t expand them as aggressively. This wasn’t a secret plot. It was a liquidity-management decision. ⸻ 3. “Interest payments will bankrupt the Federal Reserve.” This is completely wrong. • The Fed cannot go bankrupt. • It prints the currency it owes. • When it operates at a loss, it simply records a “deferred asset” and remits zero profits to Treasury. There is no such thing as a Fed insolvency. This is a fundamental misunderstanding of how central banks work. ⸻ 4. “A failed Treasury auction will happen.” Also flat wrong historically. Failed auctions in U.S. Treasuries are basically nonexistent because: • Primary dealers are obligated to buy. • The Fed can always step in as buyer of last resort. • Treasuries are the most liquid financial instrument on earth. The U.S. cannot experience a “Greek-style auction failure.” ⸻ 5. “Inflation numbers are fake because CPI changed.” This argument is popular on conspiracy sites and misleading. Facts: • CPI methodology evolves over decades to reflect real consumption patterns. • “Shadowstats” is not respected by any mainstream economist, data scientist, or central bank. • Shadowstats claims inflation has been 8–10% every year since 2000 — which would imply: • house prices would be 5–10x higher, • wages would be 3–5x higher, • the dollar would have lost 90% of value. All demonstrably false. The poster is relying on debunked sources. ⸻ ❌ WHAT THE POSTER GETS FLAT OUT WRONG 1. “The U.S. debt is unpayable → default is inevitable” No. The U.S.: • Issues debt in its own sovereign currency • Controls that currency • Has the deepest global bond market • Has no foreign-denominated liabilities Default is a political choice, not a mathematical inevitability. Japan has 260% debt-to-GDP and hasn’t collapsed for 30 years. ⸻ 2. “The Fed will be forced to print trillions and engineer 8–10% inflation” This is wild speculation. Current real-world data: • Inflation has been falling. • Long-term inflation expectations remain anchored around 2–3%. • Wage pressures have moderated. • Global demand is cooling. The idea that 1970s inflation is guaranteed is not supported by macro data. ⸻ 3. “We are in stagflation like the 1970s.” Incorrect. Stagflation requires: • high unemployment • high inflation • low growth Current U.S. environment: • strong employment • moderating inflation • real GDP growth positive Not remotely 1970s comparable. ⸻ 4. “Gold, Bitcoin, and S&P being at highs means cash is worthless.” No. They are at highs because: • Tech earnings exploded • AI spending increased capex • Monetary conditions look easier • Risk premiums compressed This is market behavior, not a sign of imminent currency destruction. ⸻ 5. “If Taiwan is invaded, gold will 3–5x.” If Taiwan is invaded: • yes, markets crash • yes, supply chains halt • yes, gold spikes But it is impossible to predict a 3–5x move. And gold does not always outperform during every war or crisis. ⸻ 🧠 THE REALITY: The poster is overconfident and mixing truth with doomer exaggeration What the post actually is: • 30% legitimate fiscal concerns • 50% misunderstanding of macroeconomics • 20% emotional doom narrative and gold-maxi bias The author owns PHYS and is talking his book. ⸻ 🎯 BOTTOM LINE ✔️ Correct: • U.S. interest costs are rising. • Short-term maturity structure adds vulnerability. • Gold can hedge tail risks. ❌ Incorrect or Misleading: • “U.S. bankruptcy/default is inevitable” • “Fed can’t survive high interest payments” • “CPI is fake” • “1970s-style stagflation is already here” • “We are in an everything bubble because the dollar is dying” • “Gold is guaranteed to explode” Final Verdict: The poster is not correct overall. He mixes genuine fiscal issues with dramatic exaggeration, cherry-picked analogies, and misunderstandings of how sovereign debt, central banks, and inflation actually work. His conclusion (“buy lots of gold”) is based on a doomsday worldview, not balanced analysis.
GLD / PHYS appear clear for takeoff into year end
Expense ratios vary. I actually use PHYS even though it has a higher expense ratio because they physically vault their holdings instead of using someone else or buying futures.
PHYS is Sprott's physical gold trust.
That’s 65 shares of PHYS or half an ounce of gold 🤌🏻
Sure. You can’t ask PHYS for your gold or even some of the gold. But if all goes to hell you do own some quantity of physical gold stored in a vault
I oversimplified this statement to the point it wasn't accurate. PHYS is direct ownership of gold. SLV, though a trust like PHYS is not direct ownership. So PHYS is gold ownership where GLD and SLV hold the metals on your behalf, but doesn't mean you'll get the metal should the world collapse.
Note GLD just tracks the price, you own nothing but a number. PHYS owns gold and SLV owns silver. That’s what I buy
A diversified global portfolio, structured as per your risk appetite. For stocks, you can use a global ETF such as VWRA. For bonds, again a global ETF such as AGGG. If you have a large portfolio, you can also buy individual bonds from different countries and denominated in multiple currencies to protect yourself from currency risk. Some gold is also good. A reputed ETF such as PHYS or GLD. If you want to take more risk and are ok with volatility, consider silver. And for a high-risk high-return part of your portfolio, you can add some Bitcoin too - it's core purpose of existence is situations like yours. You can use ETFs such as FBTC or IBIT, or buy directly and store in a cold wallet too.
For future reference, GLD is treated as a collectible in the tax code, and has a 28% cap gains rate PHYS is treated as a normal security with normal cap gains table
I rarely ever short stocks, so I am the wrong person to ask. My largest positions are $PHYS (Gold) and $TLT. But when I see a meatball being thrown over the plate, sometimes I like to take a swing for the fences. The doesn't mean its going to hit. But I feel the potential to hit a HR on this trade is quite high.
who woke SLV and PHYS up?
I found out that PHYS only tax you as regular income, still a gold trust
Why are you even pushing BlackRock's paper gold $GLD garbage?!? Read their prospectus if you don't know what I'm talking about. 🙆🙇🤦 If you're going to direct them to an ETF gold product, then you should be steering these regards to $PHYS, the Sprott gold ETF guaranteed to be backed by actual physical metal.
What are you talking about? GLD is backed by physical gold in vaults but not directly redeemable. I had to look this up but PHYS is redeemable for 400 oz bars. Do you have $1.5mil+ worth of PHYS to redeem?
PHYS is better anyways, not taxed as a collectible
GLD is unallocated paper gold that provides liquidity for market makers to cover short futures contracts rather than source physical metal on your behalf - it defeats the entire point of a gold allocation using GLD and SLV - PHYS and PSLV are fully allocated, redeemable by retail, and when they trade at a premium to NAV and issue new shares, they enter the market to buy physical. Trading options on GLD is completely incongruent to the thesis of being long gold. Buy PHYS and PSLV. Especially PSLV when the market is severely supply constrained and SLV inflows provide bailout liquidity instead of exasperating the squeeze.
Why GLD over PHYS? I feel slightly more confident in the latter. Of course, neither is the same as having it in your hands.
I hold PSLV - I'd say PHYS is probably the way to do it. Good to know about TurboTax not supporting form 8621 though. Might just print it out and mail it in to the IRS if nothing else.
PHYS is another physically-backed ETF.
PHYS is better than GLD
PHYS is backed by physical gold and it’s stored at the Canadian mint.
Change the $SGOV position with $TLT and my port is weighted pretty similar along with a 25% weight in $PHYS (Gold). I do have a pretty big 10% $SQQQ position right now. But I am not betting the farm on retail's insatiable love to buy AI bubbles regardless of price.
I made a bundle on PHYS but yeah it's pretty terrifying. This finance youtuber I watch says it's due to a sovereign debt crisis looming. Like, the big one.
I didn't know those things had options. Maybe I'm just thinking of PHYS, PSLV, PALL, etc.
B - barrick mining PHYS. GLD. IAU.
I buy Sprott funds. Like PHYS. Best of both worlds.
I don’t touch GLD, PHYS all the way!
Holding my $PHYS position, sold my silver position and gold miners. Silver usually is a risk on commodity that moves same direction as the $QQQ.
PHYS has a minimum redemption of 400oz, which today is 1.6 million.
>Sprott Physical Gold Trust (PHYS) unitholders have the right to redeem their units for physical gold bullion on a monthly basis, subject to meeting the minimum redemption requirement. The minimum redemption amount is equivalent to one full-sized London Good Delivery bar, which typically weighs between 350 and 430 troy ounces. Not very retail friendly, either.
I guess you probably already know this but just in case you don't ,.If you are in the United States there is a tax filing you have to do with PHYS and PSLV . Its IRS form 8621. QEF election . File with taxes each year with info that sprott releases on their site. It makes it so that you 1. pay normal capital gains tax instead of the collectible tax and 2. If you DON'T file it those ETFS have worse tax treatment because they are listed as passive foreign investments. Sorry to be a know it all if you already know all that
Why PHYS vs GLD? Just curious.
This is great info, thanks. Glad I put a good chunk in PHYS early this year, but in comparison to the mining companies…
As of last month, I treat my own money as a gold-backed currency. Anytime I sell, I buy PHYS, anytime I want to buy, I sell PHYS to do so. I don't trust USD/ bonds rn as a store of value.
Everyone saying GLD, but I think PHYS is superior from a tax perspective - GLD gains will get charged at like 28% collectible sales rate. But if you hold over a year and file the QEF tax form in time, PHYS gains get treated like long term capital gains - 15% for most of us.
I'm mostly invested in $PHYS (Gold) and $TLT. I still have a large position in At&T that I bought at the bottom 2 years ago when all the doomers claimed the gov't was going to make At&T pull out all that cancer causing underground cables. Gold has outperformed AI during this bubble so I would consider myself long.
I don't know IAU well, but all the gold held in PHYS is real and audited. I believe you could get physical delivery if you wanted to. if you're holding in a tax preferred account, I'm sure you're fine either way, even with GLD
In my roth I just have a bunch of IAU shares. Is there a major benefit to swapping to PHYS? I got IAU bc of the lower expense ratio but don't know much about PHYS
PHYS for shares, GLD for options GLD shares are treated as a collectible per the tax code and have a 28% cap gains fee attached, regardless of transaction size. I don't even know if you can write off losses on GLD against gains, actually.
PHYS has better tax treatment, GLD is regarded as a collectible in the tax code, 28% cap gains rare iirc buy the PHYS ETF, and use options on GLD.
PHYS, just to dip my toes in the water for now
When I say gold I mean portfolio gold. I.e GLD and PHYS. Which allows it to be liquid to meet the needs of this person. It's absolutely a part of a diversified portfolio mix.
PHYS doesn't have options, does it?
PHYS if you're not in EU.
VONG, PHYS, CIBR, XLF. Sorry, that’s 4
PHYS, or the sprott silver ETF. Don't do gld, the races are higher because it's treated as a collectible while PHYS is just a security
PHYS is fully allocated, do that over GLD. Currencies will go down. The only one buying gold right now is central banks, you’ll be glad you did. 7% allocation is all you need
Gold has a tendency to go up as the value of the USD goes down. It’s up a lot since COVID when the Fed printing a ton of cash. Also worth noting PHYS (Gold ETF) was up 6% on Liberation day when everything else was down 20-30% and up 3% on August 1st. Also also worth noting: Michael Burry made PHYS his #1 [holding](https://www.etfstream.com/articles/big-short-s-michael-burry-adds-gold-etf-as-top-q1-allocation) in Q1 of 2024. Go take a look at its chart since then…
I tune out the gambling insanity. $TLT and gold ($PHYS or $GLD) and chill. Interest rates are moving lower, and gold is a hedge in case Trump decides to turn on the money printing bazooka faster than I expect. I was too early on US interest rate cuts in April; but I have still outperformed the S&P 500 YTD due to gold's price appreciation w/o having to guess when to short this current AI greater fool theory bubble.
Yeah, I sold all my individual stocks in May. I missed this rally, but I've had more fun following MLB baseball this summer over stressing over $10K daily stock portfolio moves. I'm sure I will sell some $TLT for the $SPY or $VT once we once again hit the 200 DMA. I still kept my rather large gold ($PHYS) position as a USD/ US Treasury hedge. But individual stocks have more stress than the reward's worth for me going forward.
Today is a pretty nice day for my 100% $TLT and $PHYS (Gold) portfolio. It brings a smile to my face seeing all this green while the rest of reddit is seeing blood red : )
Seconded for PHYS, prefer the the Sprott funds over HSBC or whoever does GLD. I have a question about FBTC - I have a Roth and would like to allocate some bitcoin there. The Greyscale ETF is not allowed, not sure why, haven't looked into it. Do you think FBTC is purchasable in a Roth?
Most are good but I like FBTC for Bitcoin and PHYS for gold. Feel free to PM me if you have any other investment questions
Would something like Sprott PHYS/PSLV/CEF be safe from that? Since it’s (supposedly) physically backed?