Can you elaborate? Are you holding VT? Thank you.I have no opinion on Michael Burry, his hedge fund, nor his trades, but I do own shares in all the world's public gold mining companies through the total world stock index fund. Proven reserves for all those gold mining companies are 50-odd thousand metric tons; plus whatever other public companies are holding for industrial or retail purposes. I consider that a sufficient slug of portfolio gold and don't feel any need to have a separate gold holding. (In fact I feel the same way about all physical commodities.) I don't trade. I just hold the global market index fund and let the companies trade amongst themselves.
Statistics: Posted by ruanddu — Sun May 19, 2024 11:26 pm — Replies 60 — Views 5012