tag:blogger.com,1999:blog-11719208.post2974903253797915557..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Gold ETF inventory increases by 37 tonnesTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-88468964142729028142008-09-19T14:26:00.000-07:002008-09-19T14:26:00.000-07:00I like GLD and I also like GoldMoney, but as far a...I like GLD and I also like GoldMoney, but as far as convenience is concerned, there's no comparison. By far, however, the best way to own gold is physical metal stored in a safe place - long-term your storage costs will be much lower and you'll always be able to put your hands on it. I would expect to see a growing premium for coins as well - the coin shop I've dealt with for years used to pay $13 over spot, now they pay about $25 over spot.Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-27003476068280908212008-09-19T06:32:00.000-07:002008-09-19T06:32:00.000-07:00Tim, Could you comment on any of the various risks...Tim, Could you comment on any of the various risks associated with holding GLD or other ETF's instead of physical gold? So far most of the criticism seems to come from it's competitors (goldmoney) and gold bugs. Is it significantly less safe than holding one's gold though other methods (safe in the basement at home, bank vault, Perth mint, etc) ? <BR/><BR/>It's so convenient compared to the alternatives. In the long term you might have a confiscation risk, but short term I prefer it.Anonymousnoreply@blogger.com