Normal
yes, you are buying less than a full allocation to the ounce or portion thereof, ie the Management and Storage fees are baked into 1 unit being slightly less than 1/100 th of an ouncebut I guess you're probably weighing up your storage costs / admin costs whichever option you're looking into.the really good thing is the transparency though with GOLD publishing their Bar List every day, I track this and very interesting over the last month16,500 oz increase in physical goldholdings over the last month, approx$42M AUD converted into physical be that new flowof funds into the ETF or prior paper positions being converted to physicallike I said interesting[ATTACH=full]146394[/ATTACH][ATTACH=full]146395[/ATTACH][ATTACH=full]146396[/ATTACH]
yes, you are buying less than a full allocation to the ounce or portion thereof, ie the Management and Storage fees are baked into 1 unit being slightly less than 1/100 th of an ounce
but I guess you're probably weighing up your storage costs / admin costs whichever option you're looking into.
the really good thing is the transparency though with GOLD publishing their Bar List every day, I track this and very interesting over the last month
16,500 oz increase in physical goldholdings over the last month, approx$42M AUD converted into physical be that new flowof funds into the ETF or prior paper positions being converted to physical
like I said interesting
[ATTACH=full]146394[/ATTACH]
[ATTACH=full]146395[/ATTACH]
[ATTACH=full]146396[/ATTACH]
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
