GLD (or SLV) is not the same as physical thus a lot of institutional investors are dumping the ETFs for the real thing (the real physical metal).Besides miner shares, the only "paper" gold or silver I hold are with Sprott (PHYS and PSLV). Here's what Sprott says about taking physical delivery on PHYS:Unitholders will have the ability, on a monthly basis to redeem their units for physical gold bullion for a redemption price equal to 100% of the NAV of the redeemed units, less redemption and delivery expenses...http://sprottphysicalbullion.com/sprott-physical-gold-trust/...
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