Jump to content
House Price Crash Forum
Sign in to follow this  
200p

Investment Fund Performs U-turn On Etfs

Recommended Posts

Meanwhile, David Einhorn, who runs the $5 billion Greenlight Capital Inc hedge fund, revealed in an interview with Bloomberg that he switched all its SPDR Gold Trust holdings to Gold Bullion in the second quarter of 2009.

Mr. Einhorn, who bought the yellow metal for the first time in January, explained that the move was motivated by the fact that it is cheaper to store physical gold than pay the SPDR fees.

http://goldnews.bullionvault.com/Goldbug/g...er_oil_19267230

U-turn on ETF GOLD, straight into Real Physical Bullion.

Beware - cost of ETFs are high.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   292 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.