[quote=LarryTheRenter]Aren’t the chances of having the actual physical gold stolen from your house far greater than the risks of the ETF going bust???? Maybe diversify with GLD, IAU and another ETF with mostly the miners (GDX???)…Maybe then buy a small % of the physical stuff if it makes you feel good…..Also it is fun at a party to whip out your gold bar and show it off![/quote]
Larry, whipping your gold out at parties is precisely the kind of move that WILL increase the chances of someone stealing your metals from your house! Come on, now. If you have a safe, the idea is not to let others know that it exists or that you have anything of value worth putting in it. The odds of someone randomly coming into your house and HOPING to find a safe hidden somewhere are very slim. Or at least a lot slimmer than the chances of losing your ETF investments in a financial system that is collapsing as we speak.
