I invested a total of USD 192,000 in the following
SPDR Gold ETF $106,000
Barrick Gold $86,000
Total $192,000
My strategy was to hold 10% of my portfolion in gold and gold miner.
It turned out to be a bad strategy. I now have a paper loss of $30,000, representing 15% of my investment.
However, I will hold on to these investments for the near term
future.
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