“I wouldn’t own ‘paper’ gold in this environment.”
Don’t. There IS no physical gold backing up that paper...just like there’s no silver backing up our paper Benjamins.
Nervous, yet? ;)
If it can be found, it’s at $80 over spot right now, making it about $940/oz.
Sadly for the rest of you, most of it is in my underground bunker guarded by Dick Cheney. Y’all haven’t seen much of old Dick these days, now, have ya?
HE’S workin’ for ME! ;)
Must be nice to have that kind of 'hired help.'