{ "media_type": "text", "post_content": "GDX or GLD for long term hold?", "post_id": "60fae49816672b00222c43d3", "reply_count": 1, "vote_count": 2, "bowl_id": "5acc42208c6b52001375e11e", "bowl_name": "Option Traders & Investing" }

GDX or GLD for long term hold?

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BTC. Unless you’re already loaded why would you ever buy gold. It has the same purchasing power now as it had during the Roman Empire. I assume this is a non-options trade since you say “long-term” but if it is an option, forget what I said. Never use leverage on an 80 vol asset unless you REALLY know what you’re doing.

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