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Will Gold continue to shine in 2025? A review from five key dimensions.
In 2024, there will be few types of investments that can outperform Gold, which is about to have its strongest year since 2010 and one of the largest annual increases in history. Many Gold bulls on Wall Street believe that the price of Gold is expected to rise further in 2025.
The best-performing major Assets in 2024 will be: Bitcoin, Gold, US stocks, and Chinese long-term bonds.
Huatai Fixed Income states that the leading Assets in 2024 will include Bitcoin, Gold, US stocks, and China long-term bonds, while lagging Assets will include domestic Commodities, Euros, and Crude Oil Product. From the perspective of the Industry and individual stocks, the leading Assets are backed by long-term trends such as changes in the AI Technology Industry Chain, China's emotional Consumer chain, and safe-haven Assets in an uncertain environment.
Thin Trading In Gold Futures Likely To Persist Into Next Week
modest Narwhal_1005 : would you also nibble at shny?
10baggerbamm OP modest Narwhal_1005 : this ETF that you mentioned is more of a well-rounded basket it not only includes the large gold mining companies but also what they call the junior mining companies.
as they say a rising tide lifts All ships so yes you could feel comfortable buying this ETF.
if gold rises back to 27 28xx, this ETF will go up nicely.
I will point this out I will not buy this basket this ETF.
and the reasons very simple I only buy ETFs that have options.. I like to have the ability to add to a position potentially by selling puts and collecting the premium and I like the ability to sell covered calls against my long position to generate income as well.
when you buy an ETF that does not have options it limits your total return to only having the basket increase in net asset value so with this particular ETF gold must rise in order for you to have a positive return on your investment.
with nugt if gold just stays sideways I can sell puts and make money I can sell calls and make money and my total return over the course of say 3 months is going to be about 20%.
if gold does nothing with this etf shny your returns going to be basically zero.
that's why I need to have the ability to sell puts and sell calls and why I will not buy an ETF that does not have options
as they say a rising tide lifts All ships so yes you could feel comfortable buying this ETF.
if gold rises back to 27 28xx, this ETF will go up nicely.
I will point this out I will not buy this basket this ETF.
and the reasons very simple I only buy ETFs that have options.. I like to have the ability to add to a position potentially by selling puts and collecting the premium and I like the ability to sell covered calls against my long position to generate income as well.
when you buy an ETF that does not have options it limits your total return to only having the basket increase in net asset value so with this particular ETF gold must rise in order for you to have a positive return on your investment.
with nugt if gold just stays sideways I can sell puts and make money I can sell calls and make money and my total return over the course of say 3 months is going to be about 20%.
if gold does nothing with this etf shny your returns going to be basically zero.
that's why I need to have the ability to sell puts and sell calls and why I will not buy an ETF that does not have options
Kim10 : which broker do u use to trade margin ?
10baggerbamm OP Kim10 : I don't use margin, I do use leverage with leveraged ETFs and options but I don't borrow against equity and use margin to obtain leverage
Kim10 10baggerbamm OP : you don't sell naked calls at all?
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