Quote:
Originally Posted by TheDoc
Yep and in other Countries it had no value at all...they gave it away. If you can't trade gold, if nobody will give you money or gold for your notes because everyone is trying to trade them in - it has no value.
People are buying stocks, not gold...
|
You mean buying GLD vs. physical gold? Most people I know own physical gold. I have a couple million in physical and zero "paper" gold. I am investing in gold and have no plans to sell anything anytime soon. People that trade gold often use GLD because it's easier to transact. I don't really trust it.