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SPDR Gold Shares Message Board

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  • jaquecroissant jaquecroissant Sep 30, 2008 10:30 AM Flag

    Gold Sucks!

    They don't believe in owning gold because the only way to really own gold is to own physical gold and there ain't much around and if you really believe that it is an inflation hedge then you should own a pretty big chunk as a percentage of your net worth. Do you really want to warehouse and insure physical gold? The GLD etf is just like any other commodity might as well own a gold mining stock or any other mining or oil company.

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