Philly Jim

Gold Bulls: Beware

Are you suggesting that these ETF funds may go under and their storage of physical gold means nothing? Dude, the 2nd shoe is dropping, the money spicket is turned off for America, nations around the world are increasing their gold reserves and the paper money promises are just that, no matter how much political "racketeering" goes on. If the world economy was a jet, it would be an aging 1970's airliner with torn seats and sputtering engines filled with 70 yr olds on their way to retirement. The world bankers are gonna place their bets on China unless the U.S. proves to be more dynamic and secure. Until then, gold in your safe is good but so are ETF's that can be sold in a few seconds.