SamsungShineBrightness
Mon Oct 28 2024
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6 answers
1501
Is GLD 100% backed by gold?
I'm wondering if GLD is fully backed by gold. I want to know if investing in GLD means I'm actually investing in gold, or if it's just some kind of gold-related financial product that might not be fully backed by physical gold.
Valentina
Thu Aug 29 2024
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7 answers
1227
Is bitcoin the new GLD?
Could you elaborate on the comparison between Bitcoin and GLD? Are you suggesting that Bitcoin has the potential to become a widely-accepted and traded asset, similar to the Gold ETF, GLD? Or are there specific similarities in their underlying value, market dynamics, or investment strategies that you believe warrant this comparison? I'm curious to understand your reasoning behind this question and what factors you consider when making such a comparison.
