Investing - Theory, News & General • Gold vs. TIPs

There's something satisfying about holding a gold bar that you own in your hand.

Congrats!

A whole 400 oz bar is definitely a bucket list item.

Remind us where you live again....?

Heard Costco sells them. If I bought one, I don’t know where I’d put it. But I don’t know where to buy 400 oz ones.

I believe CostCo only sells ingots, not bars.

A "gold bar" isn't always 400 oz (aka "Good Delivery"). In Hong Kong, a gold bar can be as small as 1 gram:

https://www.hangseng.com/en-hk/personal ... ld-prices/

And some gold bars are 5 tael (about 6 troy ounces, assuming HK troy unit system):

https://www.ocbc.com.hk/personal-bankin ... /gold.html

I actually don't find the "armageddon" scenario for gold a compelling reason to invest.

What is compelling is an asset that isn't tied so heavily to the value of the dollar.

TIPS adjust for CPI inflation, but they don't adjust for the value of USD vs other currencies (at least not directly).

Currency hedged funds do attempt to make that adjustment. They're typically not all that cheap however.

I've got some USD-hedged international bonds

USD-hedged bonds are also tied "heavily to the value of the dollar" (your words). If you're looking for some benefit in the case of a USD crash against other currencies, then I'm not sure either TIPS or USD-hedged bonds would offer much help. Those willing to accept the risk of the opposite (USD appreciating against other currencies) might try an unhedged bond fund, if they want that benefit in fixed-income (I used PFUIX and RPIBX, back when I was into that sort of thing).

Statistics: Posted by HanSolo — Thu Apr 25, 2024 6:22 pm — Replies 133 — Views 7303

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