I just found back this thread that I opened 2 years ago.. Forgot I opened it, due to poor response 😆

I hv been holding some of this "stock" a while but end of last year I double my holdings due to what I perceive as higher risks of economic disaster.

I think I want to promote more ppl to look at this, it tracks price of gold, which is now slowly going up again. Globally central banks are cutting interest rates, this causes currency to fall. Ppl are saying there is a currency war going on on top of a trade war. Gov wants their currency to go lower to maintain export competitiveness. In such scenario, gold being the "neutral" currency will naturally go up.

https://www.kitco.com/news/2019-07-17/Gold-...che-Bank.htmlhe

Goldetf is up 16% in 1 year and 11% YTD.

This is more convinient way to buy and sell gold as its in the same Bursa trading platform n transaction is fast, costs is low with no stamp duty.

Quite easy to sell because of market maker.

Buying is the difficult part due to cash upfront rule, n I have to call my dealer.