What about Gold?

Investing / Portfolios
2

I hold some gold (5% of portfolio), but there are a few things to consider.

  1. Gold has been the contrarian investment in the past, but during this years’ sellofs in February and October, gold didn’t provide any reasonable return

  2. Even bitcoin has been more stable than gold in the previous 6 months (this is not a recommendation for crypto, but I do have a tiny bit just in case)

  3. Swiss ETFs such as the ones from ZKB and UBS promise that the gold can be taken out in physical form

  4. Owning a gold ETF is costly compared to potential or historical returns.

  5. Currency shouldn’t matter for gold. Gold is THE currency

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