a most interesting article, thank you tando
three questions if i may to you and HC readers
in this uncertain world with the possibility of pending financial crisis that many are predicting
say everyone holding an ETF suddenly decided to redeem their paper in physical gold ( those that can that is )
how much phyiscal gold would be left in the bank vaults
after this redemption ?
what would be the effect on the ETFs system ?
and what effect would it have on the price of gold ?
not advice or suggestion just thinking out loud
bobby
Bargain Basement, page-11
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