Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/
Join the Trader University email list:
https://www.trader.university/email-list
In this video, I discuss the dangers of gold ETFs, and how holding them defeats the whole purpose of investing in a bearer asset.
Bearer assets like physical gold do not have counter-party risks and cannot be turned off or frozen.
By contrast, GLD can be frozen in your brokerage account, and it also brings with it many counter-party risks, including exposure to the custodian and the custodian's incomplete insurance.
I think that Bitcoin will continue to massively outperform gold. Bitcoin is a better bearer asset than gold, and much easier to verify/store/transport.
Gold will continue to have massive demographic headwinds and struggle in the emerging digital age.
Not investment advice! Consult a financial advisor.
The Great Reset And Your Car (You'll Own Nothing. . .)
https://www.youtube.com/watch?v=9AHzzZCO-BI&ab_channel=TraderUniversity
Kill switches in new US cars:
https://www.musclecarsandtrucks.com/biden-infrastructure-bill-vehicle-kill-switch-2026/
GLD prospectus:
https://www.ssga.com/us/en/individual/etfs/funds/spdr-gold-shares-gld
Russian FX reserves frozen:
https://www.wsj.com/articles/if-currency-reserves-arent-really-money-the-world-is-in-for-a-shock-11646311306
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Gold
#Bitcoin
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered..