4min chapter

The Compound and Friends cover image

It’s GLD, b*tch!

The Compound and Friends

CHAPTER

Commodity ETFs Aren't Vehicles. You Don't Want to Hold Those Things Too Long

Gold is making new highs relative to the FTX token. Gold's gold priced in every currency on earth, Australian dollar, Euro, South African Rand, rupee, Kiwi, yen. Silver is basically the leverage play of gold. You're getting more juice and silver. That's the crazy little kind of higher beta of dirt. If you don't like the setup in gold, then you're not buying silver in the most part. This is the 30 miners we love here? We're just talking about an old school XAU that was used to be, there's too many now.

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