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Price per share is irrelevant in this case. You do however need...

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Occam Logic

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24/07/18

07:44

Post #: 34528738
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Originally posted by Larry_Funda ↑

Thanks for the info. Also the BETASHARES GOLD ETF(QAU), can be purchased at a lower unit cost price, so I'm inclined to purchase some of that over the roughly 10 times pricier ETFS METALS(GOLD).

Physical backing is very important, derivatives and other paper assets can get hit big time at times of crisis as we have seen during GFC as a warning.

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Price per share is irrelevant in this case. You do however need to take into account that QAU is hedged whole GOLD is not. Obviously, as a result, the return path is different.

Last edited by Occam Logic: 24/07/18
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