897: Important Financial Lessons from the FTX Collapse
Radical Personal Finance
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You Do Not Own Gold or Silver Unless You Control It
You do not own gold or silver unless you control it. You know that if I have a hundred ounces of silver sitting in my safe, that there are indeed a 100 ounces of silver. On the other hand, if you own shares in an ETF, you don't actually know what is happening with the gold and silver that you allegedly own.
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