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Paper gold ain’t real gold (and don’t forget today’s Live Q&A Chat)

March 5, 2014 by Cody Willard

I realized I need to clarify this point based on recent emails, chats and scuttles with you TradingWithCody subscribers.

I don’t like the precious metal ETFs like $GLD or $SLV with their paper promises of delivery of the actual physical metal. Stick with physical gold and silver and bullion if you’re talking about anything more than a short-term trade. You all have access to my “Everything You Need to Know About Investing IN GOLD AND SILVER” ebook, so please read it for more on this important topic. https://tradingwithcody.com/ebooks/everything-you-need-to-know-about-investing-in-gold-and-silver/

And don’t forget this week’s Live Q&A Chat at 2pm EST at https://tradingwithcody.com/chat.

 

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Filed Under: Free Trading and Investing Articles by Cody

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

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This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

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