4Wk·

Investment

I’m opening a position in gold. Next week, I’ll make another contribution. The idea is to have 10% of the capital in gold.

02.01

Invesco Physical Gold ETC

Bought x0.166 at €245.36

€40.78

9 Comments

Vincent@VincP3

4Wk

Why not $WGLD

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PInvestor_El_Joker@PInvestor_El_Joker

3Wk

@VincP3 what would be the arguments vs $SGLD?

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Giacomo G.@Giaggio84

4Wk

Even with gold on historical max?

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Iván@Ivanrodriguezz

4Wk

@Giaggio84 I know it's at its peak, but I invest with a long-term perspective.

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Giacomo G.@Giaggio84

4Wk

@Ivanrodriguezz I'm invested too in gold with long-term perspective...but not sure to remain or sell. Are you following other metals? I'm following silver, it could be a good moment to enter.

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Iván@Ivanrodriguezz

4Wk

@Giaggio84 Honestly, I’m not very knowledgeable about minerals outside of gold. Why do you want to invest in silver? I chose to invest in gold because it’s a safe-haven asset and because it seems that inflation is here to stay, which is beneficial for gold. Best regards 🇪🇦🤝🇮🇹

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Giacomo G.@Giaggio84

4Wk

@Ivanrodriguezz I like silver because I think it's very undervalued. Inflation is here to stay but with Trump maybe Bitcoin could substitute (at least partially) gold as "safe asset". Nice to talk to you, best regards 😀

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Iván@Ivanrodriguezz

4Wk

@Giaggio84 I've heard opinions like yours regarding BTC and gold; however, I think BTC is too volatile to be considered a safe haven asset. Both assets haven't been correlated so far, in fact, they are both at historic highs right now. I will take a look at silver. Are you invested in any stocks?

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Giacomo G.@Giaggio84

4Wk

@Ivanrodriguezz I had $EDR that I recently sold during the silver max (35$) and an ETF 3X on physical silver (sold at the same moment).

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