Recent content by davidpdx

Oops, you're right, I thought it was February. I was comparing GLD to other funds that have a similar temporary cap on expenses and got the dates confused.

Thanks for the comment. I agree that GLD and SLV work fine (and have low associated costs) if the market is orderly. In any sort of situation in which the market ceases to be orderly I wouldn't have much expectation from those funds or any others. In any situation in which the markets aren't...

Best option for gold investment in IRA I'm only interested in this issue regarding IRA money, so the tax treatment on sales is not a factor and options are limited. And obviously anyone who doesn't know how ETFs work probably shouldn't buy GLD (or ETFs in general). And anyone who thinks that...

I'm just curious, but if you're going to buy a gold stock instead of physical gold, why is PHYS better than GLD? GLD does a better job of tracking the price of gold. PHYS is a closed-end fund, so you pay a premium (today just under 5%, but it's been as high as 23%) over and above the spot price...