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owning a piece of paper ETF is not the same as owing gold bullion, the person who runs the etf may own just 1 ton of gold and has sold 100 tons of gold etf to you and the other investors , o=its only when the shit hits the fan then you will realise that all you held was paper the etf will declare bankrupcy and all you will be left with is a contarct that you held gold in the end the fund when its liquidated you may end up with 0.0001% of the gold that you though you held. look at gold's history this has ha penned over an over again and this time is no different dont be a fool buy bullion hold physical not paper promises
