gold etf in the event of a 87 style crash, page-4

yeah i guess youre right bout physical and storage etc :)

1kg or 1000 grams of gold is approx 43.5 ounces

So only 1kg is worth 43.5 ounce * a gold price of say 1000US = $43,500 USD

I never thought of it that way - a meassly 1kg og gold is worth ALL that money!

In terms of the GOLD BULLION ETF though - does ANYONE know exactly what kind of ownership rights u have to the gold stored in their vaults in the UK??? Is ur name engraved on it?? Obviously u own a unit or percentage of the gold they have stored in the units or shares you buy on the ETF , but do u get somkind of ownership rights certificate thats legit??



anyone know??