Tomas Kirchovas
๐—ฃ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ถ๐—ป๐—ด ๐—ณ๐—ผ๐—ฟ ๐—ฎ ๐——๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐˜ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐˜† In my previous post, I mentioned that I was planning to add to my portfolio. Done. Allocated +5.4% into a physical gold ETF (iShares Physical Gold ETC, PPFB.DE). I chose the EUR-listed version because a large part of my portfolio is already USD-based (crypto + US equities). In this case, I want pure gold exposure โ€” not additional currency risk. My thinking: AI progress isnโ€™t just an opportunity โ€” itโ€™s also pressure on the labor market. Automation is already reducing demand for certain roles, and over the next 5โ€“10 years this could become a real challenge. Historically, during periods of rising uncertainty (geopolitics + economy + labor market), capital tends to move into safer assets. Gold isnโ€™t rising only because of geopolitical tensions โ€” thereโ€™s a broader structural shift happening in the economy. Governments still donโ€™t have clear answers on how these changes will be managed. So I keep part of my portfolio in something that has held its ground more than once. ________________________________________ @SSAVISS โ€” ๐˜š๐˜ฎ๐˜ข๐˜ณ๐˜ต ๐˜๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ช๐˜ฏ ๐˜๐˜›, ๐˜›๐˜ฆ๐˜ค๐˜ฉ ๐˜š๐˜ต๐˜ฐ๐˜ค๐˜ฌ๐˜ด & ๐˜Š๐˜ณ๐˜บ๐˜ฑ๐˜ต๐˜ฐ $PPFB.DE (iShares Physical Gold ETC) $GOLD $IGLN.L (iShares Physical Gold ETC)
Not investment advice. The author may have financial interests in the mentioned instruments.
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