Royal Canadian Mint Announces Offering of New Gold Investment Product

This Canadian ETF appears to carry less risk for two reasons:

1) the custodian is the Royal Canadian Mint
2) it is backed by physical gold.

http://www.mint.ca/store/news/royal-canadian-mint-announces-offering-of-new-gold-investment-product-13100003?cat=News+releases&nId=700002&parentnId=600004&nodeGroup=About+the+Mint

See disclaimers in the side bar.

Disclosure:  I have no position in these ETR's.