Michael Burry Put 7% of His Portfolio in This ETF
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Michael Burry Put 7% of His Portfolio in This ETF
Michael Burry added Sprott Physical Gold Trust to his portfolio, now making up 7%, indicating his pessimism about the US economy. Gold, a safe haven asset, historically gains value during economic uncertainty, as seen in the 1930s, 1970s, early 2000s, and 2020.
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