To answer the question of gold ETF vs. gold we explore the difference between being more concerned with the price of gold or being more concerned with the value of gold. Two completely separate mind sets, I assure you.
We then explore how a gold ETF works (using the example of the GLD). Is the share you buy backed by gold or not? Can you redeem your claim on the gold? All of these crucial questions are answered and much much more.
Specifically you'll discover:
1. Gold ETF and Gold price vs. value
2. How a gold ETF and gold work
3. How physical gold is simply the inverse of confidence in the federal reserve and the government
4. Finally, I tell you whether I prefer a gold ETF or gold.
Special thanks to Real Vision! My favorite online videos on macro and finance. That's where I heard the stories I shared in the video. If you haven't checked out their video library and their YouTube channel, you don't know what you're missing!
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