From bars to drills: I joined the gold miners. 🤴🏼
Some time ago, there was a discussion about gold miner ETFs, in which the esteemed @Multibagger was involved. As an addition to my $EWG2 (+0,9%) - position, I have now decided to invest as well, as I generally want to weight gold more heavily in my portfolio.
$GDXJ (+1,51%) is up 118% for me. I built up a 2.5% weighted position from 01.01.25 to 01.06.25, which now stands at 4%. $SGBS (+1,28%) my "gold share" is 7.5% instead of the targeted 5%.
I will probably have to rebalance it this year.
Now my questions
1) Let everything run for now? Everything is currently more than good on the chart. Then only rebalance at the end of the year.
2) Then consider at least increasing my ETC position, which will also be tax-free, to 5%. This would mean that 5% would actually be gold and the etf would be a lever, which could then be regarded more as a share/etf.
If you have gold or silver in your portfolio (15% is optimal), you should hold it for the long term. There will certainly be some profit-taking, but in the long term there is scope for much higher prices. The geopolitical situation will pause but will not cool down.
At the latest when China invades Taiwan, we will see gold prices above 5K and silver above 300 I generally prefer physical precious metals and not certificate promises. To participate in the rally, you can possibly add a turbo long with leverage.
I wouldn't go so far as to say that the $GDXJ (+1,51%) is my core investment, but it broke the 100% mark today despite an ongoing savings plan and constantly rising buy-ins, even though I've only had it running since December 2024. The first shares are already up 200%.
I have already been saving very successfully for 1 year with the $GDXJ (+1,51%) . Despite the sharp rise in buy-ins, the return is still around 80%. The first units are up 160% after 12 months. I will definitely keep it running, as I expect a further rise in gold and silver in the medium term, from which the junior mining operators will benefit disproportionately.
However, I am not so satisfied with the performance of the 2nd ETF. This is the $WBKN (+1,1%) . which has performed rather poorly with a return of 8%. As I also believe that the blockchain sector and the companies represented in it will perform below average, I am now considering investing in $A3Z7FC instead. I see a dramatic undersupply of copper over the next few years. The only thing I don't quite like is the 15% China allocation.
What do you think? I won't be adding a 3rd ETF savings plan, just for your information. So it's just a matter of swapping and if so, into which ETF?
🏆 Gold just 44 dollars short of its all-time high - will we break the record today? 🚀
🌟 Gold price soaring
The gold market remains in absolute rally mode. After several days of strong gains, the price remains at an extremely high level - and the jump to an all-time high could happen at any time.
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💸 Fed interest rate cut boosts precious metals
The latest push is mainly due to the Fed's decision:
✔️ Fed rate cut this week
✔️ Prospect of continued loose monetary policy
✔️ Start of a new bond purchase program (USD 40 billion per month)
The whole thing acts as fuel for gold and silver, as neither yields any current interest - making them particularly attractive in periods of low interest rates.
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🏅 Gold price scratches the record
Current price: USD 4,337 per ounce
All-time high: USD 4,381
➡️ Only 44 dollars away!
Three strong trading days in a row have catapulted the market upwards. Silver is also close to its own record.
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📈 Reasons for the mega rally
Precious metals are a phenomenon in their own right in 2025:
Gold: +60% since the beginning of the year
Silver: more than doubled
Best performance in sight since 1979
The whole thing is driven by:
✔️ massive central bank buying behavior
✔️ withdrawal of many investors from government bonds
✔️ Increasing fear of currency devaluation (debasement trade)
✔️ geopolitical uncertainties
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🔮 Outlook: 2026 could be even hotter
According to market analyst Hebe Chen (Vantage Markets):
The rally is likely to continue until 2026
Central banks remain buyers
ETF inflows pick up speed again
Fed leaves "unusual room for surprises" - creating more volatility
The World Gold Council confirms:
→ Gold ETF holdings to rise almost every month in 2025
→ Silver additionally benefits from shortages and supply disruptions
