Gold ETF'sFor those that have put money into Gold ETF's, They are far from equal. Sprott has a Canadian fund that is 100 % backed by gold. There will be a few others I'm sure. However...............
most gold ETF's are backed by gold to a very small degree...........it is often reported that for every oz of gold put aside there are 75 - 100 ish people believe they OWN it.
Check out what kind of fund you have. Get out if it is one of the weak ones..............