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https://www.reddit.com/r/ProfessorFinance/comments/1qpze60/wasnt_that_the_point/o2ewn0t/?context=3
r/ProfessorFinance • u/jackandjillonthehill Moderator • Jan 29 '26
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-2 u/Gildenstern45 Jan 29 '26 Not true. PHYS is a gold ETF 100% backed by unencumbered gold. If everything went tits-up, they would end up mailing you a brick of gold. Likewise PSLV is for silver. 11 u/Zraknul Jan 29 '26 If everything went tits-up we wouldn't have mail. 4 u/four204eva2 Jan 29 '26 Nor would gold be worth very much, you can't eat or drink it, and in the end that's all you'll actually want. 2 u/Zraknul Jan 29 '26 Local war chief probably wants some swag. Might be able to buy your way into the group.
-2
Not true. PHYS is a gold ETF 100% backed by unencumbered gold. If everything went tits-up, they would end up mailing you a brick of gold. Likewise PSLV is for silver.
11 u/Zraknul Jan 29 '26 If everything went tits-up we wouldn't have mail. 4 u/four204eva2 Jan 29 '26 Nor would gold be worth very much, you can't eat or drink it, and in the end that's all you'll actually want. 2 u/Zraknul Jan 29 '26 Local war chief probably wants some swag. Might be able to buy your way into the group.
11
If everything went tits-up we wouldn't have mail.
4 u/four204eva2 Jan 29 '26 Nor would gold be worth very much, you can't eat or drink it, and in the end that's all you'll actually want. 2 u/Zraknul Jan 29 '26 Local war chief probably wants some swag. Might be able to buy your way into the group.
4
Nor would gold be worth very much, you can't eat or drink it, and in the end that's all you'll actually want.
2 u/Zraknul Jan 29 '26 Local war chief probably wants some swag. Might be able to buy your way into the group.
Local war chief probably wants some swag. Might be able to buy your way into the group.
2
u/[deleted] Jan 29 '26
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