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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (56098)	10/8/2009 7:41:20 PM
From: carranza2	Read Replies (4) \| Respond to of 217554

Hi, Jay. Don't fully understand your antipathy, or perhaps it is wariness, with respect to paper gold. Assuming all is per Hoyle, owning paper gold is the equivalent of owning bullion. I studied things and I am pretty much convinced that owning gold in ETFs, closed end funds, mining stocks, GDX, etc., is fine. In fact, the liquidity is a plus. I got into fine print of the ETF's prospectuses [prospecti?? Mq the Grammarian will correct me if I am wrong], didn't find any obvious problems. In fact, concluded that the one good closed end fund, CEF, which supposedly provides bullet-proof protection for the paranoically fearful, commands an unwarranted premium over NAV which I would never pay. Anyway, your reasoning appreciated.