Comments on: Owning GLD Can Be Hazardous to Your Wealth

By: Owning GLD Can Be Hazardous to Your Wealth « Adding Up The Facts- Economics, Money, Tax

Tue, 13 Sep 2011 17:36:57 +0000

[...] by Dave Kranzler February 12, 2009 [...]

By: Brian D.

Brian D. — Fri, 27 Feb 2009 02:05:14 +0000

Great article. Do similarly risky situations exist with the
other gold ETFs/ closed end funds IAU (iShares),
DGL (PowerShares), or CEF (Central Fund of Canada —
Central Group Alberta, Ltd.)?

By: Wm Phillips

Wm Phillips — Wed, 25 Feb 2009 23:07:30 +0000

This is very interesting. I am sdvising my CFA to put my Gold money in real (HARD) gold. He just recommended we add GLD to my holdings but has not acted yet.

By: cheryl m.

cheryl m. — Wed, 18 Feb 2009 22:48:15 +0000

Thank you so much for this info. I will be pulling out when I think it’s maxed out which I believe is very close before the whole thing collapses. The other thing you didn’t mention in this helpful article however was a large portion of the government owns this fund and is therefore manipulating it.