BUYING WORTLESS PAPER GOLD LIKE GLD MEANS YOU HATE GOLD
because gold ETFs are created by dirt bankster to manipulate the goldprice .. If you are really a gold fan then you must buy it in physical form this is better for you and it helps to ruin the bankster and their manipulation .
Paper gold is based on hot air and can go bankruptcy overnight ..Just a advice from me
I don't hate gold. I own physical for long term but use the GLD as a daily trading vehicle. I could care less if it's backed up with anything more than sand. It's not an investment but a trade that has worked very well for me though calls and puts. Anyone that thinks the GLD is a long-term investment should not even be trading securites.
I couldn't agree more. Buy either physical gold or PHYS or CEF. Buying GLD doesn't help the price of gold go up. It only causes more GLD shares to be "printed" or "imagined". GLD is not much different then the dollar.