15 Apr '11, 3pm
Gold Vs. Google A 1 1/2 Years Later
Hi Mike, great comparative study. I too have been holding gold and silver but it is in a totally different form. I have been buying the physical bars and coins for years. It is true that it cant be eaten or planted in the ground but I suggest you sell your ETFS and start getting some physical. Those ETFs represent options and futures contracts on the physical. The ETF issuers SPDR and iShares etc do not own an ounce of physical because they trade the contracts and never accept delivery. There will come a time when that paper will be worth nothing because the physical ounces that they are supposed to represent simply wont exist. Looks like you are deep in the green on SLV and GLD and thats very good but try picking up a few coins and bars. Stash them at home in your safe place.