You are viewing a single comment's thread. View all
0
HimmlerWasRight88 on scored.co
1 year ago0 points(+0/-0)1 child
> In a “the music stops” scenario, all those paper holders will be left with absolutely nothing and the value of the real, physical specie will correct upward.
If you have shares of an ETF *with physical replication*, then you own shares that correspond to physical gold. Wherever the market price of gold goes, the market price of the ETF shares will follow because the ETF owns physical gold and not paper.
What you said doesn't make any sense. You didn't really explain your points, you just wrote some buzzwords without any reasoning.
The chances that a nigger breaks into my house are higher than the chances that the US government and the whole stock market system collapses. So for me it's much safer to buy shares of a gold ETF then to have physical gold in my house.
If you have shares of an ETF *with physical replication*, then you own shares that correspond to physical gold. Wherever the market price of gold goes, the market price of the ETF shares will follow because the ETF owns physical gold and not paper.
What you said doesn't make any sense. You didn't really explain your points, you just wrote some buzzwords without any reasoning.
The chances that a nigger breaks into my house are higher than the chances that the US government and the whole stock market system collapses. So for me it's much safer to buy shares of a gold ETF then to have physical gold in my house.
Keep telling yourself that. I’m sure the jews who own the vault will definitely let you cash out.
>You didn't really explain your points, you just wrote some buzzwords without any reasoning.
How ironic.
>The chances that a nigger breaks into my house are higher than the chances that the US government and the whole stock market system collapses.
Uh… on a scale of 0 to 1, the former is *only* non-zero, whereas the latter is 1.