Today's hike was slow and short, but the conditions were extremely harsh. Just like today's market, it was incredibly bad. However, I actually bought some gold at 4300 (XAUT gold tokens from BG). If you don't want to worry, you can wait for the Strait of Hormuz to open, but overall, I have a similar allocation goal for gold as I do for Bitcoin. In the coming years, with the world printing money like crazy and the world in turmoil, these are assets I'm optimistic about and willing to hold long-term.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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