Quote:
Originally Posted by nineinchal
ETF's are buying gold and storing it at 0.4% surcharge at GLD. In SGOL, its stored physically in a Swiss Vault somewhere in Europe, I forget the country.
So its like Sammy the Bull and the 18th avenue crew booking your bets, you will get paid if you win...
Lost money, so was going through this thread to make myself feel better. Particularly looking at the posts near the top...
I think this might have been the funnies post I have ever seen.