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


To: UncleBigs who wrote (54695)2/25/2006 1:50:56 PM
From: inchingup  Read Replies (1) | Respond to of 110194
 
"I would take physical delivery of any gold you purchase. I would never trust a pooled account."

During the past 4 years I have dealt with both physical and pooled, without any problems.

There are distinct advantages to owning gold in a pooled account in case of a national emergency.

Have you had any personal experience selling physical...I have.

I feel both are viable and for someone who doesn't have enough cash to make a $5K buy, the pool account is the best deal by far.

BTW, you were also the person telling me it was not a good idea to hold gold about a month or so ago...even though you couldn't provide me with a better place to put my cash which I didn't need any way.

Since then I also picked up some CEF at $7.13.

I suppose I should sell that also, eh?