XAO 0.14% 8,013.8 all ordinaries

Short Term Trading Weekend Lounge: 23-26th Mar, page-63

  1. 146 Posts.
    lightbulb Created with Sketch. 7
    A few different opinions floating around - the two primary ones I'm seeing being "buy gold/gold stocks" or "hold cash".

    If we are really about to see a long market downturn with attached volatility, gold as the safe haven asset of choice seems a good bet.

    Can anyone explain what the advantages of holding cash over holding gold stocks would be?

    Additionally, will gold specs run hard, or will it likely just be the big end of the market? Obviously the sooner a goldie gets into production, the better right now.

    Disclaimer: 50% of my portfolio is gold stocks
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.