Most bank research analyst alw

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Most bank research analyst always advise customer to hold a small portion in gold for the purpose of hedging.

Last week i asked my HNW friend who is good in FA if he has hold any gold position before. He held physical gold before but the increment was very slow. Slower than a snail 🐌. In the end, he cashed out n breaks even. He told me there is no war in SG. Thus, we dont need gold bar to aid our escape. 🙄

I always wanted to hold a gold position but i realised $SPDR Gold Shares(GLD)$ is in USD and the movement is very slow. Worse than Reits and UT. 🤦‍♀️

I think i will be contented with stocks and not BTC. The latter can go in either direction.

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icycrystal
·01-17
thanks for sharing
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