Do The Gold ETF’s Actually Have Any Gold?
This is a legitimate question that I have been seeing a lot lately. The story especially gets life due to the suspicion that those who bring us the EFT’s are the same ones collaborating to hold down the price, i.e., manipulate the market. And the question is many times asked by those who have wondered if there is actually any Gold left in Fort Knox.
Fortunately, someone posed that question to the editors of Casey Big Gold. A lengthy and detailed response can be found in this months edition of Big Gold, just now hot off the presses (digital press that is). I won’t spoil it by giving away the answer here but let’s just say that the answer given is well worth the read. They also point out an alternative investment very similar to the Gold & Silver ETF’s, but with some important differences.
Another reason to try a Risk Free Trial Subscription to Big Gold is the table of valuation models that will tell you which gold stocks to buy and which to stay away from. That and the usual company updates section tend to be what I head for first.
