3 ms·
Not every comment mentioning gold is automatically downvote-worthy. In case of market collapse, gold does tend to have more utility than other assets.
by hliyan 11y ago
Not every comment mentioning gold is automatically downvote-worthy. In case of market collapse, gold does tend to have more utility than other assets.
- um_ya 11y agoIf you're looking for a multiple on the gold trade, look into the gold mining sector. When gold moves a little, the gold miners move a lot. GDX and GDXJ are some good basket ETFs. GDXJ is the junior mining companies and has a higher multiple than GDX. It also works in the inverse too though, if gold goes down, these go down even more.