Yeah, the problem is there is no asset. Nobody has a claim to a thing if it all becomes insolvent. The gold in GLD is real, but none of us can have it. There's nothing backing TGLD.
!BBH
!PIZZA
Yeah, the problem is there is no asset. Nobody has a claim to a thing if it all becomes insolvent. The gold in GLD is real, but none of us can have it. There's nothing backing TGLD.
!BBH
!PIZZA