From Nasdaq: 2024-05-21 15:12:39

Michael Burry’s Scion Asset Management sold positions in Alphabet and Amazon, buying shares of the Sprott Physical Gold Trust instead as gold prices hit record highs due to increased central bank buying and geopolitical tensions. Burry’s choice of PHYS over GLD offers advantages in physical gold ownership, custodial security, and tax benefits. Consider buying PHYS.



Read more at Nasdaq: Investing in Gold? Forget GLD, Buy PHYS Instead