Should i invest in usagx

As a matter of fact, it's been a pretty poor investment since the stock market bottomed out in The other reason to invest in gold or gold proxies One aspect of precious metals investing that we haven't talked about yet: hedging against inflation. That's actually one of the reasons that gold prices had peaked in the early s:. Precious metals are often considered more likely to hold their value in a high-inflation period, and in times of uncertainty this has been one of the big drivers behind gold's price appreciation.

But when that somewhat artificial demand weakens, as has happened over the past few years on a relatively strong economic recovery in the U. When demand skyrockets -- taking gold prices along for the ride -- gold producers kick production into high gear, developing resources that may not have been profitable at lower gold prices.

This approach can drive profits way up in the short term, but it also pushes up fixed costs. Then, when demand falls and drives prices back down, the miners take huge losses, some only on paper as they must write down the value of their mines, but also some very real losses associated with those increased fixed costs, and the worst-case scenario of production costs exceeding the price they can sell gold for.

The falling price of gold over the past several years has killed them. Avoid it as an inflation hedge or investment At some point in the future, I'm relatively sure that gold will spend another period of time as a superior investment to the stock market. The problem is, there are zero reliable predictors that you can use to decide when gold is a better bet for long-term returns. While that doesn't mean it's something you should absolutely avoid in your portfolio, there's plenty of data that makes it clear that it shouldn't be your primary investment, or even make up a large percentage of your nest egg.

Furthermore -- and most importantly to the subject at hand -- USAGX doesn't look like it's either a worthy proxy for gold, or really that good of a fund to invest in miners with. The reality is, the benefit the fund gets from the small handful of "good" mining companies doesn't come close to making up for the terrible performance the majority of the sector is likely to produce over time. Add in the 1.

A better bet? Discounted offers are only available to new members. Couple this with COVID, China, pro-communist rioters, the upcoming election, MMT, business shutdowns, a lower standard of living and it all translates into higher and higher precious metal prices. For military people it used to be that, 'Uncle Sam Wants You!

When he made inquiries the government classified the actual specifics of the federal budget as Top Secret so that they would not have to provide any answers. The whole accounting system is a fraud including just how much money has actually been printed.

Our currency only has value, per the US Treasury's own web site, in the sense that there is a corresponding amount amount of goods and services produced in the private sector.

COVID was really an unmasking of a national financial system that was ready to crash under its own weight of hyper-leveraged debt.

I do not know what the next issue will be that unmasks the the financial system's rot, nor do I need to, as it mathematically should occur NLT 30 June Does anyone actually trust the US Congress with their family's financial future? I have talked to a lot of people and I can not find anyone who does. It should be obvious that they will be far too busy saving their own financial skins versus saving federal pension checks.

Listen to the entire interview. Reply Replies 1. Reply Replies 5. I just bought because the Omaha guy bought a few months ago. Let's see what happens. Constant talk about mining and gold stocks lately. This is gonna start an upward trend in the next quarter It's time for this dog to get up off the floor and hunt. I agree with Chips. We're trying to avoid losing money here, after all.

Wallstreetsilver on Reddit is a very active site for up to date precious metals news. Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Typically, a precious metals portfolio focuses on mining stocks.

Some funds, however, purchase a small to moderate amount of gold or silver bullion. Though primary allocation is given to gold mining stocks, many funds do offer a substantial amount of exposure to other precious metals, such as platinum and silver.

Precious metals companies span the globe, with many of the major firms headquartered in the United States, Canada, Australia, and South Africa. Like most commodity funds, precious metals funds usually carry more volatility than the average equity fund.

Below are five funds that are engaged in precious metals investing with information available as of June 12, The main goal of the fund is long-term capital growth.

Michael P. Any dividends or capital gains are distributed annually. The net expense ratio for this fund is 1. The five-year total return for the fund is The risk level for the fund is rated as just slightly above average.