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Are you looking to navigate the volatile market with confidence and success? At Extreme Investor Network, we provide you with exclusive insights and expert advice to help you make the best financial decisions, starting with the age-old debate of physical gold versus gold stocks.
According to George Milling-Stanley, the chief gold strategist at State Street Global Advisors, owning physical gold can provide protection against potential weakness in the equity market. While gold mining stocks are equities and tend to move in tandem with the general stock market, physical gold offers an additional level of protection during market downturns.
At State Street Global Advisors, they offer two exchange-traded funds that track the performance of gold prices: SPDR Gold Shares ETF (GLD) and SPDR Gold MiniShares Trust (GLDM). These funds have different expense ratios, attracting different types of investors based on their trading preferences and investment horizon.
For those looking to trade actively and capitalize on short-term opportunities, GLD’s liquidity and low trading costs make it an attractive option. On the other hand, investors with a long-term strategic allocation in mind may find GLDM’s lower expense ratio more suitable for their needs.
As of the latest data, both GLD and GLDM have seen impressive gains year-to-date, underlining the resilience and attractiveness of gold as an investment asset.
Bullion, bitcoin, and boomers
Contrary to popular belief, gold is not just a traditional investment favored by older generations. State Street’s 2023 Gold ETF Impact Study revealed that millennials have a higher allocation of gold in their portfolios compared to other age groups, emphasizing the metal’s appeal across different demographics.
While bitcoin has captured the attention of younger investors, especially millennials and Generation Z, as an alternative asset class, gold continues to hold its own as a long-term strategic allocation. According to Milling-Stanley, gold and bitcoin serve different purposes in an investor’s portfolio, with gold offering stability and security over the long run.
At Extreme Investor Network, we aim to provide you with in-depth analysis and unique perspectives on the financial markets to help you make informed investment decisions. Stay tuned for more exclusive content and valuable insights to enhance your investment journey!
