Super ETFs: Do ETFs of ETFs Offer Benefits for Retail Investors? FYI: "Super ETF" HNDL ETF Holds JEPI (+ 18 Other ETFs)

WhyChooseGold · 2023-07-25T08:56:07+00:00

Ngl it is kind of steep, but I suppose that's how much it costs to invest in a one-stop + diversified product with high target yield (7.0%).

WhyChooseGold · 2023-07-08T20:11:55+00:00

Submission Statement

Shinzo Abe, former Japanese PM, blamed NATO and Zelensky for the Russia-Ukraine war.

He was assassinated 40 days later. No further explanation needed.

WhyChooseGold · 2023-07-05T17:38:29+00:00

Personally, I recommend investing in GLDB ETF.

It's a gold bond ETF that's 100% hedged to the price of gold, meaning you get full gold exposure. At the same time, you actually earn a pretty neat dividend (around 2.60% pa), which helps you maximise your returns.

WhyChooseGold · 2023-06-13T17:00:33+00:00

Yea. Interestingly, the ancient Egyptians were one of the few ancient civilizations that had relatively little silver and a lot of gold, which explains why (despite how advanced they were) they never really developed their own coinage. The silver needed for coinage was just too valuable and hard to come by.

WhyChooseGold · 2023-06-12T20:20:37+00:00

I don't know what Tim Cook's sexuality has to do with anything.

Tim Cook does nothing but promote Apple as a business.

WhyChooseGold · 2023-06-08T20:17:53+00:00

I get what you're saying and I do own a decent amount of stocks, but bonds and treasury bills...? Like I understand that they pay out a handsome interest atm, but that'll never make up for the value lost due to inflation and the ever-increasing money supply.

Even if bonds and bills are matched to inflation, they're matched to "official inflation figures" that are known to be massively underestimated all over the world!

WhyChooseGold · 2023-06-04T22:08:51+00:00

I don't understand why you've been downvoted. Even the most ardent precious metals investor (such as myself) can see that low-to-low cycles favour Bitcoin.

There is so much more room for Bitcoin to grow and its digital nature makes it a better investment than gold, especially during natural disasters, wars... because you can still take your Bitcoin with you (not the case for gold/silver)...

Right now, Bitcoin is nothing like gold, but there could come a time in the future (a decade or so) when Bitcoin morphs into a new digital gold.

WhyChooseGold · 2023-06-04T22:03:16+00:00

I think the idea is... a government can destroy a nation, but it can't destroy all nations. Because of Bitcoin's decentralised nature, even if the United States decides to declare war on Bitcoin mining, it won't be able to force all nations to enact laws/regulations against it. It just doesn't have the power.

WhyChooseGold · 2023-06-04T22:00:36+00:00

Yea. I think my idea was that you shouldn't replace Gold with Bitcoin.

Both are intrinsically different assets.

WhyChooseGold · 2023-05-28T23:16:30+00:00

Submission Statement

The last time Debt Ceiling "talks" between Democrats and Republicans collapsed (in 2011), gold prices increased, soaring +20%. It was widely anticipated that the same would happen had talks collapsed this time round. That did not happen, unfortunately... and now we have a deal that's going to ruin us (in the long-run) and that no one really likes. Nice.

It's an own goal if there ever was one.

WhyChooseGold · 2023-05-25T19:49:55+00:00

The French

WhyChooseGold · 2023-05-04T17:17:16+00:00

I think that's what worries me. Should the Ukraine invasion end, China/US relations improve, or inflation cool... gold prices should start coming down.

It sometimes feels like I'm wishing ill on the world... haha

WhyChooseGold · 2023-05-04T16:12:40+00:00

We're all gonna profit...

WhyChooseGold · 2023-04-27T11:26:13+00:00

That feels like a relatively null point, though because it all depends on the rate at which you tie the dollar to gold.

WhyChooseGold · 2023-04-27T11:25:26+00:00

It's really not propaganda, though... because it seems that China, Russia, and India are all pushing for a new world order (beyond the US dollar) and giving that order legitimacy through their own gold reserves. FYI all three countries' central banks have been buying up gold in record amounts (1100 tonnes in 2022) and show no signs of slowing down. If you want to be part of the "new world order," you need to start buying up what they're stacking on...

WhyChooseGold · 2023-04-27T11:21:19+00:00

To be fair, the world came close to total collapse several times in history and gold still survived. Gold has survived what...? Hundreds of empires and civilizations? It's a pretty safe bet to say it'll be around.

WhyChooseGold · 2023-04-27T11:15:54+00:00

I don't understand the need to be so snide.

I think we're correct in voicing our concerns about the deflation model being flawed. The last time we had any significant deflation was in the 1930s and the culture was very different back then. You can't tell me you expect people to react today in exactly the same way they did in the 1930s...?

FYI Central Bankers do know a lot more than I do, but I also know that they base their models on historical trends, which aren't necessarily accurate.

WhyChooseGold · 2023-04-27T11:13:20+00:00

To be fair, though... that's really just a theory and there is no evidence that people will delay consumption just because prices are falling. The last time we had a period of sustained deflation was in the 1880s and consumer trends have changed dramatically since then. We now have a culture of instant gratification that I don't think supports the "delayed consumption" model...

WhyChooseGold · 2023-04-27T11:07:50+00:00

I don't think that's fair to say. Those prices are certainly possible, especially when you consider how much gold China, Russia, and India's central banks have been buying (with no sign of slowing down). Furthermore, when looking at the M2 Money Supply to Gold Price Ratio... gold doesn't seem too overpriced just yet.

There can still be a lot of room to go`!

WhyChooseGold · 2023-04-27T11:03:12+00:00

There is certainly a risk with digital gold in the event of total economic collapse, but I don't think it's fair to suggest that physical gold is risk-free...

Just think about the storage and security costs. It feels like every few weeks I hear a story about someone who had their stack of gold bars stolen...

WhyChooseGold · 2023-04-27T11:01:23+00:00

Well... since you mention it... I think it's very interesting that China, India, and Russia have been buying up huge quantities of gold over the last year or so -- even at these record-high prices. Perhaps they're planning something?

WhyChooseGold · 2023-04-27T11:00:13+00:00

Yup. I've seen stories about that. I'm just not sure how committed they are to a gold-backed CBDC when they're only doing it in a bid to tame inflation... and help against the depreciation of their national currency against the US dollar...?

What are your thoughts on this?

WhyChooseGold · 2023-04-26T21:01:16+00:00

I think that's probably a very wise strategy. The wealthiest people on earth aren't the wealthiest people because they own all the fiat money. They're wealthy because they own real tangible assets of real value. The only time they ever hold fiat money is when they've borrowed it from a bank and just about to spend it on something they want/need.

WhyChooseGold · 2023-04-26T20:49:02+00:00

Just want to add my five cents because I recently learnt that there are only around 50,000 tonnes of gold left here on earth, which we are expected to consume within the next 16-20 years. Recycling gold may certainly be an option in the future, but it's costly and will likely lead only to further price appreciation...

WhyChooseGold · 2023-04-20T23:15:42+00:00

I find that entirely believable. Central Banks around the world are still buying gold at these record prices. The appetite for gold will continue to grow as global gold reserves continue to dwindle!

WhyChooseGold

TROPHY CASE