> : A DGC which would use this gold ETF as backing, would be able to
> offer much
> : lower fees.
>
> Danny,
>
> Pecunix charges ZERO storage fees, as does 1MDC... you can't go lower
> than that!


True, but Pecunix also has a 2% above spot purchase cost, so you have to
hold for 2 years before Pecunix will work out cheaper than the gold ETF.



Danny





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