Posted by: Lahure Kancha December 27, 2009
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Except for SPDR all other seems to be GOLD MINING COMPANIES!![ So you'll be investing in GOLD COMPANIES not ACTUAL GOLD]
SPDR GOLD SHARES (GLD) is ETF (i.e Exchange Traded Fund) meaning its PRICE is SAME as its UNDERLYING ASSET ( in our case 1/10 OUNCE of GOLD)!!
So price of GLD share is nothing but a 1/10th Ounce of REAL GOLD!!
-> why so many fees? ( we'll since you'll be buying a REAL GOLD, they charge for STORAGE of the REAL GOLD!! ]
SPDR GOLD SHARES (GLD) is ETF (i.e Exchange Traded Fund) meaning its PRICE is SAME as its UNDERLYING ASSET ( in our case 1/10 OUNCE of GOLD)!!
So price of GLD share is nothing but a 1/10th Ounce of REAL GOLD!!
-> why so many fees? ( we'll since you'll be buying a REAL GOLD, they charge for STORAGE of the REAL GOLD!! ]