oeo2oo,
"Sorry to put you to so much work. <g>"
Sorry for the slow response, but as a true capitalist I much prefer to call it "a labor of love!"
"However, if a gold ETF does come into existence, and is backed by a reputable outfit, and does allow for actual gold withdrawals, then I feel that the gold ETF will present a valid, compelling alternative to physical possession. At that time, I would expect physical uptake to increase due to the ETF. We shall see. The devil is in the details. We only see glimmerings at this point"
Fwiw, I don't for a second think that it is a matter of "if" any longer. In addition to the probable WGC EFT, I have found indications of three additional similar type vehicles being dressed for market.
Their sponsers must be smiling from ear to ear when they consider the money they will save from not having to purchase lipstick by the carload. <gg>
Oh yeah, we're going to have some splendid action long before this bull is slain.
Graphically yours,
Dan
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