Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
These two Gold ETF's track each other in a fairly close pattern, a small fraction of a percent difference each day.
I remember reading something here on Charlie-Delta that folks had a concern with the way these ETF's hold their underlying assets ?? Was it something to do with HSBC ??
I'm relying on my memory here.....which is not always the best thing to do.
Many don’t like hsbc history and they are the custodian for gld ...Gld is the largest gold etf in the world .
Iau is smaller and has a different custodian . It has a lower expense but because it has lower volume a big trade may take multiple sales at different prices .
I find I prefer Gld because my trades generally run from 125k to as high as 500k ... I like the execution in one shot with very narrow spreads .
When I go over 250k I tend to split it between Gld and I iau sometimes .
since I have so many trades in Gld riding the volatility fund expenses are irrelevant.
Either etf is a fine choice .... of course every time you see a video on hsbc you get the jitters but as custodian for Gld they have been just fine
The expense ratio is a minor difference in my opinion -- 0.4% vs 0.25% for IAU. The HSBC custodian thing for GLD doesn't really trouble me all that much. I hold both ETF's and my entry point is very low, I'll continue to maintain a position.
Last night, I was just thinking about simplifying things.
The expense ratio is a minor difference in my opinion -- 0.4% vs 0.25% for IAU. The HSBC custodian thing for GLD doesn't really trouble me all that much. I hold both ETF's and my entry point is very low, I'll continue to maintain a position.
Last night, I was just thinking about simplifying things.
When Bitcoin survives 5000 years of history and the rise and fall of empires come back and talk about the differences
I'm not saying gold will be worthless I am just saying Bitcoin will continue running circles around it for many years into the future. Cryptocurrencies are the future.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
