Today we will go over the reasons why owning GLD does not entitle the great majority of investors to have access to real physical gold.
We will also look at how the institutions behind GLD have even updated the prospectus to account for the uncertainties of the current crisis we are experiencing in 2020,.
The conclusion is that owning GLD will only expose you to the price moves of gold but more ominously it will mean being exposed to Wall Street and City of London counterparty risk.