Yeah. When I sold AWE.L and got GBP, it was the first time I didn’t immediately convert it to CHF or USD.
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Į think they call themselves distributing because they might sometimes have lending revenues. But yeah there is no revenue as it’s obvious.
Dividends is not dark side , most of my ETFs give dividends and I just reinvest them. The only difference is that I don’t actively seek to maximize my dividends as I am trying to optimise my taxable income.
Regarding technical analysis -: isn’t that only used by traders?
Sure, so something you don’t intend to hold for long (ie forever) like gold or…cough TQQQ for Mirager…cough it adds a layer of tradery sleaziness to look at coloured lines and feel like a tradah.
I see
I don’t intend to sell anything I own until I need to rebalance or consume. I guess I will have time to learn the green & red lines and the Fibonacci stuff 
For that train, one needs leverage isn’t it?
By the way -: I don’t quite understand Dalio. His all weather portfolio has so much bonds. But in his interviews he says he doesn’t buy bonds or debt because they are more risk than anything else
Is All Weather not the portfolio which Dalio used to recommend?
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I think that the idea of all weather was that you took on duration risk, as it was negatively correlated with Shares amd Gold. So yes, All Weather in my view means loads of bonds, but then ideally leveraged at short term rates so that you don‘t have that much remaining bond / nominal exposure, but mainly a bunch of duration risk.
Talking about Gold. I feel that something has fundamentally changed re. gold. We are probably building up a Gold Bubble, that can very well take another 4-8 years to burst (after Trump and once Ukraine was settled in a positive way). But hey, why not. I am in the race (with a modest 2.5% allocation).
No matter how large your gold share, just don‘t forget to periodically re-balance on the way up. No need to do more often than once per year, but I would probably do sell overweights on Gold vs. Your Asset Allocation. Lets all enjoy the ride and see where we end up 
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I was thinking max 5% at any time
Then I wonder why not GLDM instead which has only 0.10% TER?
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I was looking for the ones domiciled in Switzerland and trading in CHF (as I bought it in Saxo) and with option to exchange physical bars.
I just saw two of them ZKB & UBS.
I think GLDM is based in US. I think there is also a fund from Invesco (SGLD) which might be cheaper in long run but I try to invest in European ETFs these days to support local
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What is your opinion on Xetra-Gold, DE000A0S9GB0 ?
It is very large, apparently has 0.00% TER, and a multi-year chart gives it a small performance advantage (in CHF) over several others. Trading in EUR involves exchange fees, but that would be negligible at IBKR…
That’s right it’s US and it’s from SPDR. I initially bought AUUSI from UBS but then noticed it is USD and has a higher TER so I thought I don’t want to support UBS which IMHO has lost it’s “Swissness” since quite a while now and has a higher TER so then I though OK let’s simply go for cheap with GLDM as at the end of the day all should be performing the same.
If I understand correctly, it has an additional “external” custody fee. Although I don’t understand how this suppose to work if you hold it at IB, for example.
I have no idea what it is.
When I saw Zero- I thought it has to be some sort of derivative
Who sells a product with zero fees
They could still make money through eg lending.
Yeah but if the only way someone makes money is buy loaning out assets, it’s kind of not very safe sounding
Not bad timing
GLD for liquidity.
GLDM is potentially cheaper.
Gold futures are also another alternative.
I didn’t wish for this though.
You mean gold going up because of bad stuff happening in the world? I agree if that’s what you meant.