These ETF scams are created by Banksters who hates a higher Goldprice thats why its worthless to invest in these radioactive trash . If you dont want to buy Physical gold then you dont need to invest in these paper ponzi schemes except if you want a lower Goldprice . THERE IS NO WAY TO HELP THE GOLDPRICE EXCEPT YOU BUYING THE GOLD IN PHYSICAL FORM . YOU MUST REDUCE IT FROM THE MARKET THE DRIVE THE GOLDPRICE HIGHER ,PAPER GOLD IS SAME LIKE PAPER MONEY ITS WORTHLESS AND THERE IS ZOER VALUE BEHIND IT .
Sentiment: Strong Sell
Why would anyone want higher gold prices if you are buying physical? Shouldnt you be happy the price is lower? Over all i have a 401k i can't cash out to buy physical with. Best i can do is paper gold. I own iau. After the last stock market crash gold did great compared to stocks. Only stocks that did any good were shorts. Gld/Iau is a "safer" bet.
You said it perfectly ! Suggest you buy a few puts to hedge in the short term - who knows what is going down or up short term . When bonds get trashed & the stock bubble bursts gold will fly . I never saw an over bought stock market and a bond market that will get a 25% cut on a 1% interest rate hike ! Interest rates on 1941 levels must go up - the fed . is on a tredmill - print more spend more - inflation beind denied by the Govt. , money printing worldwide , PM's are the place to be - cash being devalued - "The sky is falling" to coin a phrase -- Give your wife a break ; fill up the car with gas , buy a loaf of bread a quart of milk & then tell me about inflation !