GLD ETF

Many investors bullish on gold have allocated a significant position in the GLD Exchange Traded Fund (ETF). GLD conveniently tracks the spot price of gold well, but it should come with warning labels, in the form of the prospectus itself. I've blogged several precautionary entries on the potential hazards of owning gold paper certificates vs. the safety of possessing physical gold bullion and coins--especially in times of financial crisis. Read on.

http://www.bmgbullion.com/doc_bin/Risk%20of%20investing%20in%20Precious%20Metals%20ETFs.pdf

Nothing contained in any materials should be construed as a recommendation to buy or sell any securities. I have not been compensated by any of the aforementioned companies. Perform your own due diligence. See sidebar for additional disclaimers.

Disclosure: no position in GLD.