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<p>[QUOTE=&quot;Cloudsweeper99, post: 905755, member: 3011&quot;]Rush, you indicated that the ETFs only held 1 ounce of gold for every 100 they claimed.&nbsp; Then you cited an unreliable source speaking about GLD to back your claims.&nbsp; I don&#039;t really care what you believe.&nbsp; I just want to protect others who might have read your post.&nbsp; Every investor who has performed even a tiny amount of due diligence knows that GLD is not an investment in gold.&nbsp; It is an investment that is intended to track the price of gold.&nbsp; And in a true economic crisis where gold becomes highly desirable, GLD could just as easily sell at a premium to the NAV as it could sell at a discount because the owners of physical gold will be inclined to pull their bids.&nbsp; Anybody who can&#039;t get that far should not be handling their own investments.[/QUOTE]</p><p><br /></p>

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