Click here to get this article in PDF
Bloomberg/Katherine Greifeld and John Gittelsohn/4-1-2020
“[DoubleLine Capital’s Jeffrey] Gundlach said, and buyers should be aware that holding shares doesn’t amount to having gold bars. ‘What happens if physical gold is in short supply and everyone wants to take delivery of their paper gold?’ Gundlach said. ‘They can’t squeeze blood out of a stone.’”
USAGOLD note: Gundlach hoists the same red flag we have raised often on this page. Gold ETF’s are a price bet. Gold coins and bars are a safe-haven store of value. And never the twain will meet.