7Mon·

Gold ?

I was in the mood for something with leverage! I still expect a lot from gold anyway 😬 What do you think about gold?

06.02

WisdomTree Gold 3x Daily Leveraged

Bought x2 at €73.28

€146.56

6 Comments

Epi@Epi

7Mon

It's a bit late, isn't it?
Better wait with the leverage part until gold falls back to the SMA50 or 100 and then go in.

But 3xGold is basically possible, I have invested 30k there myself. But rule-based! 😁

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Show answer

Mo@BigMo

7Mon

Gold is gold! I have around 4% of my portfolio in physical gold, gold ETCs and gold mines.
As gold mines are already leveraged to gold anyway, that's enough for me.

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Marcel@AufderMaueraufderLauer

7Mon

@BigMo What kind of gold mines do you have there?

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Epi@Epi

7Mon

@BigMo However, gold with low leverage should make more sense than gold mining stocks. At least that is what history tells us.

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Mo@BigMo

7Mon

@AufderMaueraufderLauer $SPGP and $GDXJ. They have performed better than gold.

Also a few smaller miners such as $BTO and $FR, which did not perform...

@Epi That may be.

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