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Michael Burry’s moves tend to make headlines.
The hedge fund manager famously bet against the U.S. housing market in 2008 and won big — a move depicted in the hit movie “The Big Short.”
And in 2024, his investments were making headlines again.
According to a filing with the Securities and Exchange Commission, Burry’s company Scion Asset Management made quite a few adjustments to its portfolio in Q1 of 2024.
Among Burry’s notable moves were selling his stakes in Amazon and Alphabet and increasing his holdings of Chinese companies JD.com and Alibaba.
Burry also made a substantial bet on gold by purchasing 440,729 shares of Sprott Physical Gold Trust, valued at $7.6 million at the end of Q1 2024, making it the fifth-largest position in his portfolio. The closed-end fund’s official website says it holds “substantially all of its assets in physical gold bullion.”
There are plenty of options out there for potential gold investors to choose from. In fact, the process can be quite daunting. Having an expert by your side to help you sift through the hundreds or thousands of options can be a game-changer.
Gold has been on a tear recently, passing $4,000 USD per ounce in October 2025. With gold trading at an all-time high, investors have to ask, “Is there more upside ahead?”
In periods of previous economic turmoil, gold tends to outperform. Those looking to add some defensiveness to their portfolios should consider looking at this alternative asset class.
Of course, there are many ways investors can gain exposure to gold. Buying physical gold coins or bars and storing them in a safe is the most straightforward option. However, this strategy comes with storage and insurance costs, as well as the risk of your physical assets getting stolen or lost.
Then, there’s investing in gold mining stocks or companies that refine and/or use precious metals in one way or another. These companies can provide excellent leverage to rising gold prices, but can have more downside risk as well. That’s the name of the game for companies that have their revenues denominated in gold and their debt and operating costs denominated in dollars.
Finally, there’s a range of Gold ETFs and retirement accounts that may be a better fit for many investors. These are typically more liquid in nature, can be bought and sold at any time without the premium and discounts typically associated with buying physical gold, and don’t need to be stored. Some ETFs track the price of gold futures, while others hold physical gold, so it’s important to read the fine print before picking one specific fund to invest in (or pick a few for diversification, if that’s your game).
While you may not be trading with billions, stock market investing can go a long way toward building wealth. If you want to build your own portfolio but still want access to real-time insights offered by experts, you can take advantage of the services offered by Moby.
The team of former hedge fund analysts and experts at Moby spend hundreds of hours each week sifting through financial news and data to provide top-tier stock and crypto reports to keep you up-to-date on what’s moving the markets — so you have access to extensive research, broken down into simple, easy-to-understand formats.
Moby’s success speaks for itself. The platform’s stock picks have outperformed the S&P 500 index by an average of 11.95% over the past four years. And that’s on top of the S&P’s already consistent annualized returns — about 10% a year, on average, since the index’s 1957 inception.
Individual Retirement Accounts (IRAs) are a popular way to save for retirement, offering tax advantages that can help grow your savings over time. Traditional IRAs allow you to contribute pre-tax income, with taxes deferred until you withdraw the funds during retirement. Roth IRAs, on the other hand, involve contributions made with after-tax dollars, providing tax-free growth and tax-free withdrawals in retirement.
A gold individual retirement account (IRA) is a specific type of IRA that allows investors to include physical gold and other precious metals in their retirement savings. This type of IRA offers the same tax advantages as traditional and Roth IRAs but provides the added benefit of diversifying your portfolio with tangible assets. Gold IRAs are appealing because gold is often seen as a hedge against inflation and economic uncertainty, helping to protect your retirement savings from market volatility.
Priority Gold is an industry leader in precious metals, offering physical delivery of gold and silver. Plus, they have an A+ rating from the Better Business Bureau and a 5-star rating from Trust Link.
If you’d like to convert an existing IRA into a gold IRA, Priority Gold offers 100% free rollover, as well as free shipping, and free storage for up to five years. Qualifying purchases will also receive up to $10,000 in free silver.
To learn more about how Priority Gold can help you reduce inflation’s impact on your nest egg, download their free 2025 gold investor bundle.
If you believe in the yellow metal’s long-term potential, a gold IRA could be a valuable addition to your retirement strategy. However, many advisors caution that it should only be a small part of a diversified portfolio, between 5% and 10%.
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
