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Gold vs the Stock Market vs ETF’s

Bullion dealer Greg McCoach is interviewed in the Gold Report as reprinted in Commodity Online. He talks about gold, the stock market and what he believes is another impending major correction. He is also very much against gold ETF's. Here is and excerpt: "My mantra for the past 10 years is to get the leverage with the precious metals juniors and take profits when they are running hot to build a significant position in the precious metals. I recommend buying gold, silver, platinum, and palladium and taking delivery of those metals. Don't rely on ETFs, pooled accounts, or certificate programs to do this for you. In the end, I believe all of these products will be proven to be fraudulent. In other words, you won't be seeing the benefit in those investments as the gold prices rise because the gold doesn't exist the way they say it does. Those who want to protect themselves need to own the physical precious metals themselves and take delivery."  Read more here: Greg McCoach

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