Gold/Silver ETF vs physical
vpr
Posts: 606 ✭✭✭
GLD costs about $5 per year per oz in fees, to hold. You can get OPM gold bars from Provident for around $13-$14 over spot. So, in 3 years, you break even and after that you have no fees. No point in buying those ETFs unless you plan to do some short-term trading. Agree? Disagree?
Also, you don't have to worry about them holding tungsten filled bars.
Also, you don't have to worry about them holding tungsten filled bars.
References: Too many to list. PM for details. 100% satisfaction both as buyer and seller. As a seller, I ship promptly and keep buyers updated.
0
Comments
There are numerous ETFs for precious metals
Leveraged ETFs to double and even triple your bet
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey