Several closed - end funds offer a way to
hold actual gold, including the new Claymore Bullion Trust and Central Gold Trust.
What is the next best option for the gold allocation and why is it inferior to
holding the actual gold?
Not exact matches
One such ETF (which uses the GLD symbol) owns the
actual gold bars, and they
hold more
gold than all national governments except the big three.
Unlike
actual, real
gold, which has
held value in the eyes of civilized people since before Christ, we could all pretty much agree tomorrow that Bitcoin was worthless without it really affecting anything.
These notes could be transferred from person to person, and anyone
holding these notes could go back to the goldsmith and claim the
actual gold.
These notes could be transferred from person to person, and anyone
holding it could go back to the goldsmith and claim the
actual gold.