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Friday, August 31, 2012

Billionaires Trust GLD, Why Can't You?


If GLD were a sports team, it would undoubtedly be the New York Yankees; everybody loves to hate this ultra-popular fund. Though it is the second-largest ETF in the world, investors still have quite a beef with GLD. The blogosphere is especially vehement in r opposition to this gold product, as many claim it to be a complete sham. Some feel the fund holds no gold at all, while others think that the amount of gold in GLD's London vault has been grossly overstated.

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