3 Reasons Why Gold Standard Debate Is Brilliant But Not Happening (GLD, IAU, SGOL, AGOL)

In an era of staying on message, high stakes talking points, and fleeting counter-attack strategies tailored for Twitter or Facebook, it caught many by surprise to see a debate about the gold standard finding its way onto the Republican platform. And yet, financial policy analyst Ed Mills of FBR Capital says it’s a perfect topic for conservatives to discuss.

“It’s far easier to talk about the return to the gold standard than it is to talk about why they don’t like quantitative easing,” Mills says in the attached video. “It’s something that is never going to happen, but it allows the Republicans to talk about key areas without losing people over wonky conversations.”

Among the benefits Mills sees in putting precious metals on the docket is its appeal to “the Paulites,” or Ron Paul supporters, many of whom have been slow to migrate to Mitt Romney as their alternative candidate.

See the full “Breakout” interview below:


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ETFS Physical Swiss Gold Shares (NYSEARCA:SGOL)

ETFS Physical Swiss Gold Shares (SGOL) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. SGOL is intended to provide investors with a return equivalent to movements in the gold spot price less fees.

Expense ratio 0.39%

ETFS Physical Asian Gold Shares (NYSEARCA:AGOL)

ETFS Physical Asian Gold Shares (“the Shares”) are issued by ETFS Physical Asian Gold Shares (“the Trust”). The investment objective of the Trust, Symbol: AGOL is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. AGOL is intended to provide investors with a return equivalent to movements in the gold spot price less fees.

Gross Expense ratio 0.39% per annum

SPDR Gold Shares (NYSEARCA:GLD)

The objective of the SPDR Gold Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses.

GROSS EXPENSE RATIO: 0.40

iShares Gold Trust (NYSEARCA:IAU)

The iShares Gold Trust (“Trust”) seeks to correspond generally to the day-to-day movement of the price of gold bullion. The objective of the Trust is for the value to reflect, at any given time, the price of gold owned by the Trust at that time, less the expenses and liabilities of the Trust.

Sponsor’s Fee: 0.25%

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