The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life. – Theodore Roosevelt
Metal ETFs may deserve attention if you are a trader with big money - its a lot easier to click a mouse a few times and sell than to physically move 50k in palladium or platinum. But if you plan on holding it longer than a month or two, then physical is obviously safer. ETFs are for trading the price and then cashing out - physical metals are for the long haul.
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world. -Caxton's edition of Aesop's Fables, 1484
Obviously gold and silver are used as a store of wealth and as insurance against the fluctuations and depreciation of paper money and to protect against other macroeconomic and geopolitical risks.All these information will be very helpful for traders.Thanks.
New ETFs: Bullion Equivalent or Metal Facade?
Forum Locked
Posted - 03/13/2010 : 17:23:28
