RE:Good Luck buying GLD ...If you like gold, buy bullion, why buy a 3 cents dormant penny shell company that was listed on the VSE with a worthless moose pasture gold mining claim vended into Bitgold by way of a reverse takeover?
Althym, you've scant understanding or acumen about financial matters such as Spider GLD shares which track spot gold price and backed by physical gold valued at US$30 billion. F.y.i., the quoted stock price is times 10 for the spot price.
SPDR® Gold Shares (GLD) offer investors an innovative, relatively cost efficient and secure way to access the gold market. Originally listed on the New York Stock Exchange in November of 2004, and traded on NYSE Arca since December 13, 2007, SPDR® Gold Shares is the largest physically backed gold exchange traded fund (ETF) in the world.
Total Gold in Trust
Tonnes824.54
Ounces26,509,820.12
Value US$29,974,636,416.49
https://www.spdrgoldshares.com/usa/faqs/