The Main Problem with Gold ETFs like SPDR Gold Shares (GLD)
- It owns no gold directly
- It is a paper security held within the financial system
- It has multiple counterparty risks
- Investors have no access to their gold
- It is not redeemable to gold
- The gold is stored within the banking system
- The gold is not fully insured
- The gold holdings are not segregated from custodians’ assets
- The gold held is probably collateralized
We Offer Physical Gold, a Tangible Asset
When it comes to gold, if you don’t hold it you don’t really own it. We are proud to offer direct investments on physical gold bullion that can be delivered directly to you or placed in a depository account of your choosing. Depository holdings can be withdrawn in-kind anytime at your direction. We offer the finest selection of gold bullion in the form of coins and bars.
Midas Gold Group is the nation’s #1 veteran-owned and operated gold and precious metals dealer with an A+ Better Business Bureau Rating. Our headquarter is in Phoenix, AZ and we have thousands of satisfied clients in all 50 US states. We distribute the finest investment options in precious metals.
Superior and responsive client service- Prompt delivery (1–7 days)
- Always buying gold, silver, platinum, and palladium
- Full Service for any precious metals IRA with any custodian
- New Precious Metals IRA Accounts
- Assistance with annual reports
- Distribution assistance
- Selling the precious metals in your IRA
We are always here for all your precious metals needs and for service on any precious metals IRA. For immediate service, including live buy quotes, call us at 480-360-3000.
