- Gold is a classic play to preserve wealth in times of inflation or uncertainty.
- The Federal government has been growing the money supply much faster than the economy but it has not caused inflation because it has not circulated.
- The new stimulus packages in Congress will likely change this by printing money and giving it to people that will spend it, leading to inflation.
- PHYS is far superior to the ETFs for wealth protection due to its structural and legal advantages.
- The fund actually trades at a slight discount to NAV, letting you get your gold for cheap.
For further details see:
PHYS: Signs Point To Inflation, Protect Yourself With This Gold Fund