I have alwys said that. Who in their right mind would buy paper GOLD stocks? One has NO PROOF of how many times they have been sold! In the END everyone will be screaming for delivery of their gold, and they will get a big pile of paper instead of the GOLD they thought they bought, because there is no way they have all the GOLD they sold by proxy paper!
On paper there is probably 1000's times the amount of real physical gold in the supply, as a matter of fact more gold has been sold than is probably in the ground. Might have a wait for your Gold Eagles, Krugerands, 10oz. bars! If you can't hold it, you don't own it.