Thread: Gold Buying
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Old 07.09.2016, 22:01
rainer_d rainer_d is offline
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Re: Gold Buying

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It seems that a gold bullion backed ETF sponsored by the Deutsche Bank (Xetra-Gold) which promises clients the service of a physical delivery of their gold on demand, has had some difficulties meeting this promise:
http://www.marketslant.com/articles/...ry-allegations

There is a lot more paper gold out there than real gold. One day, there could be a big problem if people start losing confidence and want to get their hands on the real stuff.

But this has been alleged so often already that it can hardly come as surprise to anybody, if (or rather when) it will happen.
Those bonded warehouses are booming not only for tax reasons...
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