Gardener

Why You Should Have Some Gold in Your Portfolio

I can't exactly take my shares of GLD to the store to make a purchase either. Poor argument.


On Sep 07 02:25 AM Paul H. M. wrote:

> It's funny: in EVERY SINGLE SA article that mentions gold, somebody
> is desperately trying to convince you not to use gold ETFs.
>
> I think these are just people who own physical, and are pumping their
> own books.
>
> But let's not forget, physical has many risks as well:
> 1) counterfeit (most people can't tell the quality)
> 2) storage (better hope no thieves find out you're keeping your net
> worth in your house!
> 3) liquidity (last time I checked, not a single retail outlet would
> except my Golden Eagles)
>
> These are all problems that are easily solved by using GLD instead
> of buying physical.