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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (22233)11/21/2004 11:05:27 PM
From: Claude Cormier  Respond to of 110194
 
<that article has nothing to do with GLD.>

Can I suggest you read again.

< it was published nearly a year ago and discusses the Aussie ETF.>

Well. The main topic of the article is the current ETF (GLD) before it launches.

< also, the author is the founder of GoldMoney and states that "GoldMoney has been exploring the possibility of creating its own ETF using goldgrams as the underlying asset." in other words, a potential competitor. so i don't consider his view to be unbiased.>

Yes a competitor. But his view is objective, straitght and honest.

<of course physical gold is not what i want. that is a pain in the ass.>

I agree if you have to take delivery. Goldmoney is allocated gold held for you in a LBMA vault. Since you seems more like a trader, it is not for you. But just because it is not for you, it doesn't mean that it is not good.