Quote:
Originally Posted by moncton golden flames
and are these etf's actually holding physical gold? do they hold a 1:1 ratio of physical gold to traded etf gold, or do they trade in 'theoretical gold'?
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There's a couple different types. I'm not an expert on them so I would recommend you do your own research. Some gold etfs are based on gold futures contracts, others are based on gold inventories.
I guess the question to ask yourself is what good is having a gold brick if you can't sell it? The gold ETF may be riskier if you're ultra conservative but at least you can liquidate it in a matter of minutes.
Say you needed cash straight up where would you go to sell your gold brick?