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Skol

32,988 Posts.

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31/01/20

07:26

Post #: 42659481
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Originally posted by Dentie: ↑

You didn't bother to answer my question ... so if you are involved in that gold ETF and, because I am concerned for your financial outcomes, I'll just caution you to be very, very careful.

Did you read the prospectus properly?
Do you know how many gold bars the Trust owns?
Do you know whether you can get access to those gold bars if you wanted to?
Do you know how that fund is valued?
Do you know who the Custodian is?
Do you know the "real" financial strength of the Custodian?
Do you know the level of financial monitoring that goes on with this Trust?

Lots of more questions too....be very, very careful!!

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Please don't be concerned about my financial welfare, I've been trading ETF's for decades.

It's a little odd that you don't know much about them and that there's heaps of them listed in the USA and around the world.

Gold getting a real smashing at the moment, maybe I've got a bigger audience on HC than I thought.

Last edited by Skol: 31/01/20
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