A Gold ETF That Lets You Redeem Shares for Gold
By GCRU Gold News on Sunday, July 17 2016, 06:53 - Permalink
How much is fear worth? That, in a nutshell, is the difficulty in valuing gold. It’s the currency of last resort for those who are afraid that all other assets will eventually become worthless. The greater investors’ angst, the higher gold’s value. Thus it commands a “fear premium” unlike any other asset.