Has more gold been sold than exists?

[Damocles]

That is not accurate. GTU and GLD buy bullion and that bullion is audited on a regular basis to ensure they are holding the actual bullion. CEF does the same with its gold and silver.

It's also a good way to get it in your Roth IRA without too much trouble.

 

[Cancel 2016.2]

It's also a good way to get it in your Roth IRA without too much trouble.

Agreed. Personally I prefer these three to holding bullion directly due to security and trading capabilities. As for the synthetic gold (virtual) ETFs, I wouldn't touch them.

 

[DigitalDave]

????

huh?

I was pulling a usc while self-promoting. Guess I failed:

 

[DigitalDave]

It's also a good way to get it in your Roth IRA without too much trouble.

Oh it's not a problem, i don't believe in those Roth IRA's anyways. I just put gold in my pockets, and if i really need to secure it for retirement, I stick it in my butt and when I want to get it out, I'll use an enema.

 

[Cancel 2016.2]

I was pulling a usc while self-promoting. Guess I failed:
]

No.... the imitation was highly successful... it was completely confusing and off topic.... bordering on senility.... a perfect USC impression.

 

[DigitalDave]

No.... the imitation was highly successful... it was completely confusing and off topic.... bordering on senility.... a perfect USC impression.

Did i mention sports are for queers?

 

[Damocles]

Did i mention sports are for queers?

No, but you did mention where you stored your gold and that was enough for me to figure it out.

 

[uscitizen]

That is not accurate. GTU and GLD buy bullion and that bullion is audited on a regular basis to ensure they are holding the actual bullion. CEF does the same with its gold and silver.

Yeah and we thought that other investments were audited and watched over for fraud and stupidity as well.

Who audits it? One of the ratings companies that rated junk mortgage items as AAA?