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Canary in the Coal Mine with Stuart Sopp of Current

RiskReversal Pod

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The Risks of Trading GLD for a Gold ETF

Bob Greene: I get those people all the time, like thousands of them that come after me anyway. PHYS is a closed and fund run by Sprott and Canada where they actually have the physical gold in their possession. GLD is effectively a right to claim that gold. He says there's way too much synthetic gold trading around what physical is kind of out there. "I don't know what this question is actually. I'm not prepared for it," he said when asked about his thoughts on ETFs.

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