Hang on there is one small problem with Dutch ETF's from ABN/AMRO. There ETF's are not buying a small part of gold as they refuse to deliver the gold and you can only get cash from them now. This is due to customers taking physical delvery of the gold they are owed. More banks are going to follow this lead because they don't have enough gold, FRACTIONAL BANKING. So what are you left with when the ETF's are not a small holding of gold?