Mike Philbrick
iShares Gold Bullion ETF
CGL-T
BUY
Nov 15, 2022
Gold ETF and outlook? Careful because gold stock beta and gold beta are different. Better to buy gold itself, like this ETG or HUG-T which is cheaper and offers some tax saving.
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.