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  • Not All Gold ETFs Are Created Equal [View article]
    David Morgan has been on the internet and Jim Popluva's show
    a thousand times as have other precious metal spokesmen. When
    you purchase these ETFs you are bying a share in that ETF, there is no physical possession. The only way you get to actually own Gold or Silver is to purchase it in the form of coins or bars, etc., Many of these ETFs cannot even proove they have physical possession of the Gold or Silver that they claim. Nothing wrong with some of the ETFs, you just have to be aware that when you buy them you're not owning bullion or anything else physical.

    EDT
    Chicago, Illinois
    May 28 01:21 am |Rating: +1 0 |Link to Comment
  • Are Gold ETFs Set for Another Spike as Inflation Fears Rise? [View article]
    You cite impressive facts and cute looking charts, but because
    of the lack of real ownership of physical gold and the fact that
    as stocks these gold and other precious metal ETFs have gone
    basicly nowhere in price movement, why bother with any of this
    highly questionable 'paper stuff'!

    EDT
    Chicago, Illinois
    May 16 02:42 am |Rating: +2 0 |Link to Comment
  • Why Gold Is Overpriced  [View article]
    Mr.

    Your data give an entirely wrong impression. Gold has been in a
    steadily inclining bull pattern over that last several years. The
    dollar is holding up only because it is the world reserve currency
    and that may not last much longer. A great majority of the world's
    holdings are in the dollar and the Euro is having problems because
    of the economic conditions in Europe. All of China, Japan, and
    Russian ownership of American debt involve the dollar.

    Gold being imported or exported in India does not change the fact that for over several thousand years gold has been both an intrinsic value and medium of exchange. Nations that have devalued their
    currency and followed the fiat path have collapsed without exception
    except perhaps this country, so far that is!

    Go to Google and check out Mr. Alan Greenspan's paper on "The
    Gold Standard and Freedom" you might learn something!

    EDT
    Chicago, Illinois

    Apr 02 02:06 am |Rating: +3 0 |Link to Comment
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