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$1,391.7 gold futures

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good2no

1,773 Posts.

132

04/05/24

18:17

Post #: 73666877
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Originally posted by pete11: ↑

hi guys the other day i was asking about NUGG the new gold ETF from van eck that was only listed dec 2022, there is very little volume on it, so i was worried about buying in, even though the management fee was only 0.25% on it which i like, so i rung up van eck, didnt even have to hold longer than 5 seconds which was a shock and this girl answered, sounded like she was 18 tbh, and i asked her about the NUGG etf, and if i ever wanna sell will there be enough buyers, not that i wanna sell as im holding out for $8,000-$10,000 gold anyway, she said there will always be market makers on the buy and sell side, so even if you have 1000 units to sell at once which would be about 10oz, and you put your sell at the INAV price, there will always be a buyer, so that put me at ease,
having to line up for 20min at a PM is really annoying and so is paying $70 over spot for an ounce.

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Thanks for that information about NUGG. Will do some research on it.

Waiting for a pullback in POG to under $2,280.

Have funds ready to go on 5 NYSE goldies, as an FX play.

Hope you get big nuggets from NUGG.
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