GLD ETF full of fake gold?

[peterb]

Gold is tangible and has a long history as money and a store of value becuase it is very durable and not easy to find. Most commodities are consumables, gold isnt really consumed. Gold is an insurance policy against fiat unstability, fraud and govt’s bad behavior.
Central banks and the IMF hold quite a bit of it. Why? Granted their not the best indictor of intellegence, but they do have a lot of power in this world. And they tend to control the quantity of “money” in the world.

[scaredyclassic]

cash isnt paying much of a dividend either.

[scaredyclassic]

cash isnt paying much of a dividend either.

[scaredyclassic]

cash isnt paying much of a dividend either.

[scaredyclassic]

cash isnt paying much of a dividend either.

[scaredyclassic]

cash isnt paying much of a dividend either.

[ucodegen]

yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

Of course you will buy it below current market prices… this tells me that gold may be in a bubble. You really don’t want to hold onto it for very long – just a ‘quick flip’ – buy it at discount, sell at current market. If you were willing to pay a premium above current market, then it tells me that you really feel the price will go up enough to cover the premium you would be paying. But you are not offering a premium, you are offering to buy at a 20% discount..

[ucodegen]

yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

Of course you will buy it below current market prices… this tells me that gold may be in a bubble. You really don’t want to hold onto it for very long – just a ‘quick flip’ – buy it at discount, sell at current market. If you were willing to pay a premium above current market, then it tells me that you really feel the price will go up enough to cover the premium you would be paying. But you are not offering a premium, you are offering to buy at a 20% discount..

[ucodegen]

yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

Of course you will buy it below current market prices… this tells me that gold may be in a bubble. You really don’t want to hold onto it for very long – just a ‘quick flip’ – buy it at discount, sell at current market. If you were willing to pay a premium above current market, then it tells me that you really feel the price will go up enough to cover the premium you would be paying. But you are not offering a premium, you are offering to buy at a 20% discount..

[ucodegen]

yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

Of course you will buy it below current market prices… this tells me that gold may be in a bubble. You really don’t want to hold onto it for very long – just a ‘quick flip’ – buy it at discount, sell at current market. If you were willing to pay a premium above current market, then it tells me that you really feel the price will go up enough to cover the premium you would be paying. But you are not offering a premium, you are offering to buy at a 20% discount..

[ucodegen]

yeah, gold’s just a transient trinket. if you have any lying around, I’ll be glad to buy it for 300-400 an ounce. it’s not really worth anything anyway. heck make it $800 an ounce. I’ll buy all you’ve got.

Of course you will buy it below current market prices… this tells me that gold may be in a bubble. You really don’t want to hold onto it for very long – just a ‘quick flip’ – buy it at discount, sell at current market. If you were willing to pay a premium above current market, then it tells me that you really feel the price will go up enough to cover the premium you would be paying. But you are not offering a premium, you are offering to buy at a 20% discount..

[scaredyclassic]

i buy at market every single week, automatic debit investment, every spare dime i have in shares of CEF, GDX, SLW.

hell, i’ll pay spot plus 2 percent on your gold coins, just not scrap jewelery.

[scaredyclassic]

i buy at market every single week, automatic debit investment, every spare dime i have in shares of CEF, GDX, SLW.

hell, i’ll pay spot plus 2 percent on your gold coins, just not scrap jewelery.

[scaredyclassic]

i buy at market every single week, automatic debit investment, every spare dime i have in shares of CEF, GDX, SLW.

hell, i’ll pay spot plus 2 percent on your gold coins, just not scrap jewelery.

[scaredyclassic]

i buy at market every single week, automatic debit investment, every spare dime i have in shares of CEF, GDX, SLW.

hell, i’ll pay spot plus 2 percent on your gold coins, just not scrap jewelery.

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