Welcome To The Conversation: Broker Charles Schwab Now Suggesting Gold To Clients & EROI Update

by Steve St. Angelo
SRSRocco Report

In an interesting change of events, Retail Broker, Charles Schwab is now publicly talking about GOLD investments to their clients. Financial expert Vic Patane, and I discussed this as well as many other interesting topics.

It seems as if the Financial Advisors missed the boat suggesting gold ownership to their clients when the price moved from $250 to $1,900. This time around more clients are putting pressure on the Financial Advisors to allow them to include gold in their portfolios. However, Vic and I discuss how these brokers will likely suggest shares in the GLD ETF rather than physical gold as they don’t make money on putting their clients into real metal.

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