Search found 173 matches

by jason
Fri Jun 14, 2013 9:24 am
Forum: Gold
Topic: GTU for a large gold position?
Replies: 19
Views: 6353

Re: GTU for a large gold position?

I know this is open to debate, but I have researched this a lot and I believe there is quite a bit of evidence that IAU does not have all of the gold in its vaults, and they may be operating with fractional reserves.  I do not think these conclusions are being reached due to paranoia, but rather due...
by jason
Tue Jun 11, 2013 8:36 am
Forum: Gold
Topic: GTU for a large gold position?
Replies: 19
Views: 6353

Re: GTU for a large gold position?

Thanks for the great feedback!  I'm thinking I could diversify by putting around 50% of my gold allocation in GTU, 25% in the Perth mint, and 25% somewhere else.  I'm thinking about Kitco, perhaps.  They have what sounds like an extremely cheap program with their pooled storage accounts.  The premiu...
by jason
Tue Jun 11, 2013 1:00 am
Forum: Gold
Topic: GTU for a large gold position?
Replies: 19
Views: 6353

Re: GTU for a large gold position?

Thanks Pointedstick.  Do you have any suggestions regarding how I can get the gold from the bullion dealer to the bank in order to place it in the safety deposit box?  I would be very scared that someone would follow me from the bullion dealer and mug me when I arrived at the bank, etc.  The idea of...
by jason
Mon Jun 10, 2013 11:54 pm
Forum: Gold
Topic: GTU for a large gold position?
Replies: 19
Views: 6353

Re: GTU for a large gold position?

Thanks for all of the great feedback.  The reason why I wanted GTU, in particular, is that it is supposedly safer than IAU and GLD.  There is a lot of information online indicating that IAU and GLD may not have the gold they are supposed to have.  They lease their gold to others and some people say ...
by jason
Mon Jun 10, 2013 4:24 pm
Forum: Gold
Topic: GTU for a large gold position?
Replies: 19
Views: 6353

GTU for a large gold position?

Hi, I have $6 million to invest in a PP due to a recent sale of a business.  After doing a lot of research and reading in this forum, I decided that GTU was my best option for "paper gold".  But it appears it might be hard to buy my 25% gold position ($1.5 million) in GTU because GTU's daily volume ...