Gold - Risk Parity Chronicles

Testing Capital Efficient Gold Assets

Jan 17, 2023 6 min read Idiot with a PB Gold Leverage Golden Butterfly Capital Efficiency UGL

Two emails from readers prompt a query: can using 2X Leveraged Gold ETFs improve a portfolio? If so, what to use in the created space? I get behind the wheel to backtest some possibilities. 1st take: 2X Leveraged Gold holds promise; 2nd take: Managed Futures are perhaps the best complement.

Preferred Asset for Gold: GLDM

Mar 6, 2022 4 min read Assets Gold Preferred Assets GLDM

For gold, I use GLDM (SPDR Gold MiniShares) as the representative choice in the test portfolios, and hold it in real life, as well. Low cost (expense ratio: .18%) and simple.