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Sprott Physical Gold Trust (TSE:PHYS.U) Stock Price Passes Above Fifty Day Moving Average of $18.12

Sprott Physical Gold Trust (TSE:PHYS.U – Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$18.12 and traded as high as C$18.23. Sprott Physical Gold Trust shares last traded at C$18.23, with a volume of 2,624 shares. Sprott Physical Gold Trust […]

As gold price spikes, is it a good idea to invest in gold IRA?

'Big Short' Investor, Who Predicted 2008 Housing Crash, Buys 440K Units of Physical Gold Fund

Michael Burry's latest Q1 filings show he wagered $7.6 million on gold via a fund that allows him to redeem units in actual physical gold.

Michael Burry and John Paulson hit the jackpot when they called the housing crash. Now they're betting on gold.

Michael Burry bought about $8 million worth of a trust that owns physical gold bullion. John Paulson has been betting big on gold for years.

Collapse in Value of Dollar Sees Investors Turning to Gold, Which Has Been Outpacing the Market

Price of the monetary metal is rising faster than S&P 500, Nasdaq, and the Dow.