Friday, February 11, 2011

Why not GLD? Ask GLD Managing Director Jason Touissant

Just google the phrase "GLD Managing Director" and you will see that Jason Touissant (managing director of GLD) owns physical precious metals, but NO shares of his own trust.  So, why are physical metals better than precious metal ETFs?  Maybe you should ask Touissant!  How can one be confident in the performance of ETFs when the Managing Director of one of the most widely traded metals ETFs himself doesn't even own one share of his own fund?  Good question.


Here is a link to the interview (apologies for the terrible quality, I couldn't find it in any other form)

This material is for informational purposes only. Although it is obtained from sources believed to be reliable, Leland National Gold does not guarantee its accuracy, or being all-inclusive. Past performance is no guarantee of future results. There are risks in buying and selling physical metals. The potential for loss as well as gain increases by leveraging physical precious metals transactions. Never trade with more money than you can afford to lose, and always be sure to read the Risk Disclosure provided in your account documents.