SPDR Gold Trust ETF

Surprise! A Close Look at GLD Reveals What it IS and is NOT

By Lorimer Wilson —— Bio and Archives--September 6, 2011

American Politics, News | Comments | Back To Full Article

The most common misunderstandings regarding the primary gold ETF, SPDR Gold Trust (NYSE:GLD) is that it buys and sells gold. That is not the case. It is just a paper asset. It is not a way to buy gold and have someone else store your holdings for you. It is just an innovative way to “own gold.” [Below I outline more of just what GLD is andis not:]

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