by Steve St. Angelo
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.