Hi, Doc:

Thank you for your article from the Wealth Daily, which I found both informative and encouraging for gold investors.

This is what WIKIPEDIA has to say about SPDR Gold Shares:

"...The Trust’s allocated gold bullion is kept in the form of London Good Delivery gold bars (400 oz.) and held by the Custodian, HSBC Bank USA, in its London vault or in the vaults of sub-custodians.[5] The ETF pays an annual expense charge of 0.40% per annum.[5] The ETF has been criticized by Catherine Austin Fitts and Carolyn Betts for its extremely complex structure and prospectus, possible conflict of interest in its relationships with HSBC and JPMorgan Chase which are believed to have large short positions in gold, and overall lack of transparency.[6] Some critics compare the ETF with mortgage-backed securities and collateralized debt obligations.[6] These problems with SPDR Gold Trust are not necessarily unique to the fund, however; as the dominant gold ETF, the fund has received the most extensive analysis..."

However, since this Trust is out of my league, not to worry. I will just stay with SGN and SPM for the time being.

Best regards,

durban1