All paper gold will be WORTHLESS! Less valuable than a sheet of coupons in the Sunday paper!
ABN Amro just announced gold depositors will no longer be able to remove "their gold." If they cash out, they will be paid in cash, at the bid. That's because NONE of the folks that claim they own gold really have it free and clear!
Paper gold is NON-GOLD. And when you want it and need it most you will not be able to get it. If you are lucky, and it is not completely stolen, you can MAYBE recover some in BK proceedings.
The other benefit of physical is that not only do you ACTUALLY OWN IT, you don't have to pay taxes on it, unless you want too LOLOL