Discussion of the Gold portion of the Permanent Portfolio
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Came across this podcast episode this week which focused on gold. Interviewed a few people discussing gold, it's recent performance, expected future performance, it's role in a portfolio, central banks recent gold binge, and why Bitcoin is not the new gold. Enjoy: https://etfstore.com/?powerpress_pinw=7334-podcast
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I listened to it, and it's pretty good. I'll listen to it twice, to be honest. A lot of information that requires me to "let it sink in".
SGOL expense ratio now 0.17% annually! That's a huge cut.
Yeah, it's very cheap. Honestly, it might even be cheaper than holding physical gold, all things considered. Currently, since I'm doing DCA accumulations, I'm going into IAU since it has no commissions. But once a year I'm planning on either liquidating some IAU for physical or pay a commission to do a large swap to SGOL. Unless IAU decides to compete on ER, that's just too good of a price to pass up. But, since they said that SGOL hasn't really generated extra interest at the lower ER, it's probably doubtful that iShares would consider lowering theirs to compete on cost.