SamsungShineBrightness
Mon Oct 28 2024
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6 answers
1501
Is GLD 100% backed by gold?
I'm wondering if GLD is fully backed by gold. I want to know if investing in GLD means I'm actually investing in gold, or if it's just some kind of gold-related financial product that might not be fully backed by physical gold.
Valentina
Thu Aug 29 2024
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7 answers
1227
Is bitcoin the new GLD?
Could you elaborate on the comparison between Bitcoin and GLD? Are you suggesting that Bitcoin has the potential to become a widely-accepted and traded asset, similar to the Gold ETF, GLD? Or are there specific similarities in their underlying value, market dynamics, or investment strategies that you believe warrant this comparison? I'm curious to understand your reasoning behind this question and what factors you consider when making such a comparison.
Eleonora
Sat Jul 27 2024
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6 answers
1684
Which is better, IAU or GLD?
So, let's dive into the question of whether IAU or GLD is the better investment. Both of these options offer exposure to gold, but they do so in different ways. IAU, or the Sprott Physical Gold Trust, is an exchange-traded fund that aims to track the performance of gold bullion. On the other hand, GLD, or the SPDR Gold Shares, is also an ETF but it holds physical gold in vaults and represents fractional ownership of that gold. Now, which one should you choose? Well, it depends on your investment goals and risk tolerance. If you're looking for a more direct way to invest in gold and want to own physical gold, GLD may be the better option for you. However, if you're looking for a more diversified approach and don't mind not owning the physical gold, IAU may be a better fit. But, of course, there are other factors to consider as well, such as fees, liquidity, and tracking error. So, it's important to do your research and understand the pros and cons of each option before making a decision. Ultimately, the answer to the question "which is better, IAU or GLD?" depends on your individual needs and preferences. So, take the time to evaluate your options and choose the investment that best aligns with your financial goals.
