ozzy43

Are GLD and SLV Legitimate Investment Vehicles?

In response to the comment immediately above (if it does not, as the author insists, vanish quickly):

Anyone who believes that the Wall Street Journal and NY Times are disinterested, unbiased bystanders who would be willing to expose fraud by financial elites is really living in Wonderland. Many of the people benefiting from the fraud are among the same people who control those Establishment media. It's not surprising that someone who is so blind to the fraud that is the mainstream media would insist on blinding himself to other possible frauds. I notice that his post here was not even in response to the article above - did not address the significant points at all but preferred to post a diatribe on an article cited in the article above. Perhaps THAT is why the post will vanish, if it does. Sounds like obsession to me...

Now, in regard to the article in question, the issue some of us have is: self-directed 401k accounts do not permit acquisition of physical metals, but *do* permit investment in ETFs. In such a case, what would the author suggest as an alternate? Would CEF be the best bet? I don't like miners at this point because I expect this bear market rally to fail at some point, and that would likely drag down miners as well, though perhaps not to the same degree.