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To: E. Pluribus Unum

I see. I’m wondering how you get any dividends out of an investment like that. If they own physical gold and silver, how do they generate income other than through sales of the metals?


17 posted on 03/23/2011 5:05:36 PM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: Alberta's Child
It is not meant to generate income. It is meant to be the equivalent of owning gold. You own gold for the appreciation. As the gold held by the fund appreciates, the value of the stock rises.

Your profit comes when you sell the stock at a higher price than you bought it.

I don't want to have to worry about storing and securing thousands of dollars of gold.

18 posted on 03/23/2011 5:16:59 PM PDT by E. Pluribus Unum ("If they bring a knife to the fight, we bring a gun." -- Barry Soetoro, June 11, 2008)
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