Thank you Stone. I'll go ahead and read the articles you've recommended. Thank you for the explanation. It helped me understand. 

BUT why is there a sea otter at 37min? 

ha ha

Well, I was just wandering if Japan could go back (revert the laws) and handle their own economy as they did post WWII and prior to the mid 80's.
I couldn't really understand how the Central Banks made / persuaded the Japanese to change their excellent economy.... 

Hi, I just saw the film Princes of the Yen: Central Banks and the Transformation of the Economy https://www.youtube.com/watch?v=p5Ac7ap_MAY&spfreload=10 What do you think? I found it quite frightening... I'm from Israel and we have a huge real estate bubble here.... Thanks, I would love to hear ...

Thank you 

I'm sorry for my ignorance but I couldn't understand how much it costs to hold GTU...
I know that IAU cost per year is 0.25%
I saw that GTU  has management fees of 0.192% and expanse ratio of .35 %.... So do I pay both..? I don't understand... please help me understand this.

Thanks 

I am guessing that very few people with a decent amount of assets in their PP are holding 25% in cash that yields nothing I am one of those few people... 25% of my cash portion is in "dry powder" yielding nothing.... (1 month duration up to 12 months duration T-bills)... and I have a dece...