It is naive to believe that the ETFs GLD and SLV are in fact bullion

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Clavis

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It is naive to believe that the ETFs GLD and SLV are in fact bullion

posted on May 16, 2009 09:09AM

The ETFs GLD and SLV are commonly represented as being bullion. Accepting this assertion is naive and with potential financially lethal consequences. While GLD and SLV track the relative prices that is where the similarities with bullion end.