Re: New Shares Of Gold Fund IAU Suspended
Posted: Mon Mar 07, 2016 8:13 pm
Yep.
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.Drewskers wrote: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!Reub wrote: Is this anything to be concerned about? What about for GLD and PHYS holders?
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