New Shares Of Gold Fund IAU Suspended

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
dualstow
Executive Member
Executive Member
Posts: 14298
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: New Shares Of Gold Fund IAU Suspended

Post by dualstow »

Yep.
User avatar
Tom
Senior Member
Senior Member
Posts: 106
Joined: Mon Dec 03, 2012 12:38 pm

Re: New Shares Of Gold Fund IAU Suspended

Post by Tom »

Drewskers wrote:
Reub wrote: Is this anything to be concerned about? What about for GLD and PHYS holders?
The article I linked to at the top of this thread fully answers the question of whether it is a problem or not, specifically with respect to IAU and GLD. Read the article, it's short and concise!

As for PHYS, it's an apples and oranges comparison. PHYS is not an ETF, and is constructed so that purchasers always pay a premium for their gold exposure.

PHYS: Not A Gold ETF, And A BAD Deal
http://www.etf.com/sections/blog/7345-p ... nopaging=1
Yes, but you get the 15% tax treatment with PHYS.  Regardless of what this article says about it, the S1/prospectus has been reviewed by attorneys and the SEC and states 15%.  I own PHYS and will be filing 15% when I sell.
azmat9
Junior Member
Junior Member
Posts: 21
Joined: Wed Jan 07, 2015 11:56 am

Re: New Shares Of Gold Fund IAU Suspended

Post by azmat9 »

Drewskers
Full Member
Full Member
Posts: 73
Joined: Wed Nov 17, 2010 2:58 pm

Re: New Shares Of Gold Fund IAU Suspended

Post by Drewskers »

Well there's a boatload of misinformation.
Post Reply