"People selling the ETF to buy physical."For the nay sayers of...

"People selling the ETF to buy physical."

For the nay sayers of ETF's here; which you seemingly are, your statement is misleading. They are swapping ETF's for allocated gold.

So the gold is still stored by someone else, somewhere else, under someone else's trust.


Oh and this is all according to Barclays. If you want to disparrage ETF's you surely are going to have to do something better than this.

Another earth-shattering development on the gold thread.