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Another younger alternative to GLD planet world of gold ETF funds may be the iShares Gold Trust. It began in January of 2005 and trades on the New York Stock Exchange, just as good as the others. It purports to be able to backed by 100% allocations, and touts diversified holdings in vaults in three different countries - copyright, England, and also the United Cities. This type of increase in options, coupled with online brokerages offering commission-free ETF trades, is only generating more interest in gold ETF funds. Nevertheless, all things considered, I'm not a taker on them.
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Also in South Africa's Free State where 30% of the countries gold is produced workers stayed away from work lithium mines in a one day protest of rising living costs. A national strike remains scheduled for August 6.
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