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Stockchase Opinions

Mike PhilbrickPurpose Gold Bullion Fund ETFKILO.TOPAST TOP PICKSep 12, 2023

(A Top Pick Apr 03/23, Down 4%)

You should hold gold as a hedge against inflation and helps with currency devaluation. Gold suffers when real returns are higher, like now. You should accumulate this now during weakness. KILO is reliable and good for gold exposure.

$28.72

Stock price when the opinion was issued

$59.95

As of Jun 12, 2026. Market Open.

E.T.F.'s
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PAST TOP PICK
(A Top Pick Apr 03/23, Up 16%)

Great hedge against inflation. Will continue to own this product. Gold out performing Bitcoin and US stocks. Gold is safe haven with geopolitical tension. Adds a diversified perspective to portfolio. Would recommend holding. 

TOP PICK

Believes demand for gold going up.
Upcoming recession will send gold prices higher.
Hedge against inflation & fiat currency
Gold price: indicator of central banks commitment to fight inflation.