Is Your Gold Real?


Comments (2)

  1. Earl P. Holt III says:

    I don’t understand why EVERYONE who recognizes the need to hold gold doesn’t take delivery of PHYSICAL gold.

    I have been told by people more knowledgeable than myself that physical gold traded at the COMEX is owned simultaneously by multiple parties, much like a miner who sells his “stake” to everyone in town using a “Quit Claim” deed.

    It is alleged that a feverish scramble would occur if even a few individuals demanded delivery of their COMEX gold purchases…

    [Reply]

  2. Dennis New says:

    GLD IS ALSO A TRUST (A GRANTOR TRUST).
    It is treated as a commodity for tax purposes instead of a security. Are you saying that Sprott is
    taxed in the US as a security and not a commodity like GLD?

    [Reply]

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