Huh ? Wha ? The only way I'm going to get any "contribution" to my financials from liquidating my GLD holdings, will be a deduction to offset capital gains.
If an asset performs as badly as GLD has, for as long as it has, my strategy is to put it into something more aggressive. I'll be liquidating my GLD holdings this year, and reinvesting.
Any investment not likely to pull in greater than 8% a year bores me.
I've tried to be "responsible" by holding GLD for as long as I have on principle, but, fuck it. Life is too short.
China is going to implement gold-backed yuan very soon. And China will not want gold to be cheap.
Just hold it, bro, be patient
