grbn

Precious Metals ETFs Lack Proper Insurance

it's an old journalism thing, like getting a second source to confirm the story before running it, or asking the "target" for a response thus validating it. SPDR maybe could have cleared up any misunderstanding or confusion on your part.

Precious Metals ETFs Lack Proper Insurance

what silliness. "don't buy ETFs because they may be under insured or have inadequate security". If you want to easily make money buy and trade the ETF. If you're thinking long term or want to hold metals because you fear the collapse of financial systems or the end of world economies, then buy the physical stuff. But if that happens, I'd bet precious metals would be hard to trade or not be worth much. Turnips and ammunition would have more value. I'd also love to watch you drag your gold bars into a store and try to buy groceries. Any ETF, like any company or stock, can fail. I think people understand the risk. Too bad you didn't ask SPDR to respond before publishing.

Is Gold A Sucker's Bet?

...."People around the world began melting their gold in response and selling it for scrap. ".....

Really? Where's the evidence for that, the first of many false assumptions. The only comment of interest in the article is the point that under today's economic crisis, gold (if it is a safe haven) should be very much higher, and is not. The "safe haven theory" may be bunk.

Bailout? Or Start Bailing?

during an interview with CNBC 24sep08, barney frank said "we're capping executive compensation for those institutions coming to the fed govt for funding. Next year we'll expand it to all financial institutions." the dems already have a federal minimum wage law, now they are beginning a federal maximum wage law. be afraid, be very afraid...

Eight ETFs to Preserve Your Wealth

"heading towards depression"????? we're not even officially in a recession yet. i wish guys like this were held to account when they're proven later to be so terribly wrong. just wait, if Obama's elected the story will change and everything will be roses. no change in reality, just a change in bias, and there's plenty of bias in this story.....