Fraught with risk indeed. If one day I opt to invest in
the metal (vs the miners), I'll buy gold direct (preferably coins),
rather than buy shares in a trust that passively invests in the
metal, incurs expenses and might be subject to manipulation.
Read any prospectus for that matter. If you're worried about
physical vs paper, go with the allocated Canadian fund instead.
Just don't do it in an IRA.
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GLD
Posted by RichieD on 12th of Jul 2016 at 04:23 pm
Fraught with risk indeed. If one day I opt to invest in the metal (vs the miners), I'll buy gold direct (preferably coins), rather than buy shares in a trust that passively invests in the metal, incurs expenses and might be subject to manipulation.
Why does any of that matter, as long as the GLD price tracks physical gold, and they don't default?
Posted by disciple33 on 12th of Jul 2016 at 04:34 pm
Read any prospectus for that
Posted by a_l_ on 12th of Jul 2016 at 04:44 pm
Read any prospectus for that matter. If you're worried about physical vs paper, go with the allocated Canadian fund instead. Just don't do it in an IRA.