GOLD
Click for more information
0.51% $1,391.7 gold futures

is at etf safe?

  1. Dis
    3,746 Posts.
    clock Created with Sketch.
    09/08/11
    14:28
    Post #: 8796782
    Just want to be absolutely sure.

    I have gold as

    ASX Code: GOLD ETFS Physical Gold

    I believe I have done my homework and this product is:
    - physical allocated gold (ie somewhere there is a gold bar with nu name/number on it)
    - unhedged against currency fluctuations


    http://www.etfsecurities.com/au/document/downloads/ETFS_Fact_Sheet_Physical_Gold_au.pdf

    I just want to be sure that there is no way this stuctured prodct can blow up like CDFs in 2007 /2008.
    Value at posting: $0.00
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

IMR Imricor raises $35M to pursue growth and expansion into Australia and NZ
right-arrow Created with Sketch.
NEWS Warren Tredrea’s weekly sports business wrap: the latest on business in sport
right-arrow Created with Sketch.
FG1 Flynn Gold flags mid-grade drill hits and always eye-catching rock chips
right-arrow Created with Sketch.
MM1 Geochemical work at Newington picks up gold and copper anomalies for Midas
right-arrow Created with Sketch.
1CG One Click Group surpasses $3M in revenue YTD with 40% growth
right-arrow Created with Sketch.
GNX NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.