GOLD gold futures
Add to My Watchlist 0.51% ! $1,391.7

is at etf safe?

  1. Dis
    3,746 Posts.
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    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
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