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<p>[QUOTE=&quot;desertgem, post: 1316392, member: 15199&quot;]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Partly. The Trust documents for SLV and GLD and other etfs are on the web and I am fairly certain that 95% of people who say that have not read them through. The trust is favored towards the principals ( big surprise), but they have to maintain it as written, and the stock is as secure or much more so , since they are backed with physical metal. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">The price of the stock may go down severely in a correction, and even go far below the POG, but which will drive which?&nbsp; If it did, you could get out in 15 seconds ( at a loss of course) in an ETF. Try to sell physical if the floor is falling.&nbsp; Many say , I am in for the long run, &quot;5, 10, 30 years whatever&quot; to cover such problems rather than admit that they just lost 50%+ of their value, but &quot;it is what&nbsp; it is&quot;.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">The conspiracy theories about precious metals are vast and varied, and if this is one&#039;s belief than physical is best. Also if one believes they can cheat on their taxes by using physical and they can live with themselves illegally, physical is best for them also. Like I said, many opinions, but if one is interested in the etfs or if one hates them, read the documents and not a bullion seller.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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