IAUM - Gold - When To Exit?
2024-02-14 03:29:00 ET
Summary
- With gold hovering slightly above or below the $2,000 price level, many clients seek guidance on the ideal ‘exit’ point quoted in dollars.
- Gold eliminates counterparty risk and acts as a true safe-haven piggy bank. Gold is money.
- Going back to the common client question on when to exit gold, I recommend only doing so for liquidity needs or when a productive investment opportunity arises.
By Joel Bauman
When clients ask about the timing of selling their gold, I generally respond to their question with a question: “Do you have upcoming liquidity needs?” or “Is there a productive investment opportunity to deploy your capital?”...
Gold - When To Exit?