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Re: Why mess with gold bullion if you can just buy GLD on paper?
“SGOL, which was launched on Sept. 9, 2009, has an expense ratio of 0.39% and total net assets of nearly $1.9 billion. Investors can trade SGOL with $0 online commissions at the Schwab ETF OneSource … (View Post)3 -
Re: Why mess with gold bullion if you can just buy GLD on paper?
Offsetting advantages of a gold ETF are instant liquidity, dramatically narrower buy/sell spread, saving of storage and transportation costs (in time, resources and money), lower risk of robbery, low… (View Post)2 -
Re: Why mess with gold bullion if you can just buy GLD on paper?
(1) It often costs the same or less to own a gold ETF than to pay the annual rent on a safe deposit box (or buy a safe). (2) If the price of gold goes up you profit to the same extent that you would … (View Post)2 -
Re: What just happened?
. . . and platinum $806. The spread is now $601!! Who would have guessed? (View Post)1 -
Re: What just happened?
Gold $1402 Platinum $811 Spread $591! Never seen it this high . . . (View Post)1
