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OK so physical god is the best way to go in the event of an 87 style crash or a stockmarket crash
I have read here that in 87 gold stocks crashed or went down too
So again, how SAFE is the GOLD ETF (gold bullion) in the event of a prolonged global meltdown or a crash??
Obviously the PRICE of the ETF would have to go UP and track the price of GOLD due to market makers
The question is - I buy the ETF, so what in effect am i buying???
Do i get some kind of certicate or paperwork saying i own a % of the gold ,or units in the GOLD that sits in their vaults?
im not a big enough cashed up investor to buy physical bullion and store it and pay all the fees etc
So this GOLD ETF looks enticing coz it wont fall in a crash as would gold stocks (from what ive read)
Then again in the 1930s, I saw a chart of a gold stock posted here or on the XJO thread from memory, that went up to the stars
Anyone can offer advise???
We all gotta help eachother thru this crises
Gold ETF vs gold stocks?? Which one would u guys get into if you could only get into one and not the other??
thanks guys
