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**Gulauur** · 08-30-2011, 09:45 AM

I was wondering how paper gold can be permissible since you are only buying the price and no actual gold is available at the fund? This is supposed to be NOT permissible unless the ETF is actually holding gold to back the fund.

Can someone please comment.

08-30-2011, 09:45 AM	#6
Gulauur Join Date Oct 2005 Posts 595 Senior Member	I was wondering how paper gold can be permissible since you are only buying the price and no actual gold is available at the fund? This is supposed to be NOT permissible unless the ETF is actually holding gold to back the fund. Can someone please comment.
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