Gyroscopic Investing

Hello,

is it the same to have IAU or PHAU etf's?

I live in Europe. It seems the same even with different currencies.

Any problem to have IAU when using a EU-HB-PP ?

Thank you.

It shouldn't matter. Gold is gold, and the price of gold is the same everywhere if you convert the currencies at current foreign-exchange rates; if that were not true, there would be a risk-free arbitrage opportunity, which isn't very likely to say the least.

Libertarian666 wrote: It shouldn't matter. Gold is gold, and the price of gold is the same everywhere if you convert the currencies at current foreign-exchange rates; if that were not true, there would be a risk-free arbitrage opportunity, which isn't very likely to say the least.

I think you are right.

CRAIG ROWLAND and J.LAWSON agree?

You forgot to write this on your PP book

- page 221-

Frugal, have you ever managed to implement PP? Are you investing at all?

Of course.
I'm always reading news to implement.

So, what ETFs do you hold? Can you describe your setup? You have asked lots of questions particular to european investing and I have a feel you might have an optimal setup. Can you please be kind to summarize your findings and what has led you to the particular PP setup that you currently have?