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To: LouAvul

The easiest way to begin hoarding gold is to buy a few shares of GLD.

When you have bought GLD you have locked in the price for your gold.

Then you can start shopping around to see how much the gold dealers want to charge for the real stuff.

W


26 posted on 11/05/2021 5:33:30 AM PDT by Presbyterian Reporter
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To: Presbyterian Reporter

I have to disagree with Presbyterian here.

Don’t buy an ETF either in Gold or Silver. ETFs don’t maintain enough precious metals to cover their issued shares.

They are not going to give you what you want, which is full exposure to the gold price. Nor will they give you legal ownership or title to some gold or silver.

When the fiat currency finally resets, small holders in ETFs will be clutching a handful of paper.


I have to except PSLV from the above. This is an ETF that does seem to hold enough PM ounces to cover all holders.


32 posted on 11/05/2021 5:50:12 AM PDT by agere_contra
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