Larry Berman CFA, CMT, CTA
iShares Gold Bullion ETF
CGL-T
BUY
Nov 30, 2020
GLD is the most liquid and actively traded one. It is a good way to hold gold bullions. If you want a currency hedge, he would use CGL. Gold stocks look cheap versus gold bullion right now.
Own it as gold bullion. It helps diversify the portfolio. Bullion helps protect against both inflation and deflation and is more resilient in a low growth environment.
GLD is the most liquid and actively traded one. It is a good way to hold gold bullions. If you want a currency hedge, he would use CGL. Gold stocks look cheap versus gold bullion right now.