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Pacific Sage Partners LLC Increases Stake in Sprott Physical Gold Trust NYSEARCA : PHYS

The firm now owns 1,044,000 shares of the gold-focused ETF, which represents about 6.3% of its portfolio.

The Gold Rush Continues

The gold market has experienced a significant surge in recent years, driven by a combination of factors including the COVID-19 pandemic, inflation concerns, and the ongoing global economic uncertainty. As a result, investors have been flocking to gold as a safe-haven asset, seeking to diversify their portfolios and protect their wealth.

Key Drivers of the Gold Rush

  • COVID-19 pandemic: The pandemic has led to a decline in global economic activity, resulting in a decrease in the value of traditional assets such as stocks and bonds. As a result, investors have turned to gold as a safe-haven asset, seeking to protect their wealth from the potential losses in the stock market. Inflation concerns: The ongoing inflation concerns have led to a rise in gold prices, as investors seek to hedge against potential inflationary pressures on their investments. Global economic uncertainty: The ongoing global economic uncertainty has led to a rise in gold prices, as investors seek to diversify their portfolios and protect their wealth from potential economic downturns.

    Recent Market Activity

    The recent market activity surrounding Sprott Physical Gold Trust has been notable, with several large investors making significant changes to their holdings in the company. These changes reflect the ongoing interest in gold as a safe-haven asset during times of economic uncertainty.

    Key Investors

  • Foundations Investment Advisors LLC: Boosted its holdings by 8% in the 3rd quarter
  • Concourse Financial Group Securities Inc.: Increased its holdings by 6,893 shares, valued at $140,000

    • What’s Driving the Interest in Gold? Gold has long been seen as a safe-haven asset, and its value tends to rise during times of economic uncertainty.

    The stock has a beta of 0.97, indicating a relatively low volatility level. The company’s shares have been steadily increasing over the past year, with a year-to-date gain of 12.1%. The shares have also been steadily increasing over the past five years, with a five-year gain of 14.1%.

    It is a type of trust that allows investors to buy and sell gold, while also providing a way for investors to gain exposure to the gold market without directly holding physical gold.

    Introduction

    The Sprott Physical Gold Trust is a unique investment vehicle that has gained popularity among investors seeking to diversify their portfolios. By investing in physical gold, investors can reduce their exposure to market volatility and inflation. In this article, we will delve into the details of the Sprott Physical Gold Trust, exploring its benefits, features, and how it can be used as a tool for investors.

    Benefits of Investing in Physical Gold

    Investing in physical gold offers several benefits, including:

  • Reduced exposure to market volatility
  • Inflation protection
  • Diversification of investment portfolios
  • Potential for long-term capital appreciation

    • How the Sprott Physical Gold Trust Works

    The Sprott Physical Gold Trust is a type of trust that allows investors to buy and sell gold. Here’s how it works:

  • Investors purchase shares of the trust, which represent ownership in a pool of physical gold. The trust holds physical gold in a secure facility, and the gold is valued and audited regularly. Investors can buy and sell shares of the trust, which can be converted into physical gold or cash. ## Features of the Sprott Physical Gold Trust*

    • Features of the Sprott Physical Gold Trust

    The Sprott Physical Gold Trust has several features that make it an attractive investment option:

  • Low Minimum Investment: The minimum investment required to purchase shares of the trust is $1,No Management Fees: The trust does not charge management fees, which means that investors can keep more of their investment.

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