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Re: basserdan post# 361550

Tuesday, 02/22/2005 4:28:37 PM

Tuesday, February 22, 2005 4:28:37 PM

Post# of 704019
Thanks, Dan

How much of that $2 billion would have been used to purchase physical metal if GLD hadn't existed? How much higher would gold be today if GLD wasn't launched?

My answers: (1) very little... it would have gone into CEF and mining stocks
(2) not higher at all

I really need, though, to get myself a whole lot of gold coins instead of that GLD stock.

Hard work often pays off over time,
but laziness always pays off right now.

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