The only true source of safety is Physical gold in your home safe or buried under the basement
If GLD is paper its worthless...expect a short squeeze as people want physical gold and there isn't any available.
Exactly!
The term ‘buying gold’ these days is a non-sequitur.
What one is REALLY doing is dumping an IOU we have in our wallets, a poor devalued one at that, and getting back in our possession the metal behind that IOU.
IOU = green-inked TP