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05/08/24
14:40
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Originally posted by Hinchinbrook:
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I bought our first PHYSICAL GOLD.... ABC BULLION, some 15 Years ago.... around $1700AUD X 50ozs., I do recall (would have to search for Exact Average price) I Do believe that we have done...OK with our Physical GOLD investment ---- My Gold Shares Gains have been far greater..... I do NOT believe in the "diverse" share portfolio practice, especially if one has the time to gain Share Market Knowledge and Global Economics awareness. My Own personal trading practise is to IGNORE .FOMO Shares and Trading strategy....TOTALLY ----- I learned from experience....LOL
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Hinch, I too have gold holdings, physical and via the GOLD ETF and NST. The GOLD ETF has physical gold stored in London I believe. Gold stocks tend to perform better than physical GOLD due to their greater leverage to the price.