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Hoyt
Alabama Fan
Alabama: The Beautiful
Member since Aug 2011
4984 posts

Gold ETFs: Good time to buy with inflation issues?

Thoughts on this? Recommendations for ETFs?


saltydawg
Georgia Fan
corn country
Member since Sep 2011
1937 posts

re: Gold ETFs: Good time to buy with inflation issues?
gold is a horrible hedge against inflation, dude. Look at its performance. It’s $150 lower / oz now than it was at the beginning of the year.


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LSUcam7
FL
Member since Sep 2016
5503 posts

re: Gold ETFs: Good time to buy with inflation issues?
Inflation isn’t the indicator for gold.

The real indicator is “real” rates. Gold generally moves inversely to real rates.

A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.

So inflation can go up, but as interest rates have been held artificially low then gold has a difficult time catching a bid.

There’s also an argument that crypto has taken some “diversification” money away from gold. I’ve got no understanding of whether this is true or not.


wutangfinancial
LSU Fan
Treasure Valley
Member since Sep 2015
8219 posts

re: Gold ETFs: Good time to buy with inflation issues?
I am not so sure this is the case anymore. Think about who the cryptobros are and the last bull run correlates with 7 million new retail entrants into the market. They all have disdain for gold like it's an ex girlfriend that banged their best friend. The only people I know of who own both are gold bugs themselves. I think the gold market topped out last summer because we were in full boar risk-on. BTC is at the top of the risk-on hierarchy of securities.
This post was edited on 11/23 at 8:43 am


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Fat Bastard
Atlanta Braves Fan
Member since Mar 2009
57918 posts
 Online 

re: Gold ETFs: Good time to buy with inflation issues?
why should anyone answer you? after your last thread here?


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TigerTatorTots
LSU Fan
The Safeshore
Member since Jul 2009
78917 posts

re: Gold ETFs: Good time to buy with inflation issues?
This year's events was supposed to be what Gold and other PMs were made for. They have performed horrendously - I wouldn't own any PMs going forward because of this. Bitcoin is sucking a lot of values out of gold lately


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50
Fat Bastard
Atlanta Braves Fan
Member since Mar 2009
57918 posts
 Online 

re: Gold ETFs: Good time to buy with inflation issues?
stop posting here gump jagoff. can't answer questions in last thread? just stop posting.

Image: https://i.imgur.com/FTG1Ss6.gif
This post was edited on 11/24 at 10:08 am


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