Rick Santelli On Paper Gold Vs. Physical Gold

“Gold’s been securitized. I don’t even look at gold as gold any more. It’s just another piece of paper. If things go badly now, people are going to end up with checks from ETFs, not gold. I’m sorry it’s just not the same. The reign of gold as the Ayn Rand end product is over.”

Source: http://dailybail.com/home/rick-santelli-on-paper-gold-vs-physical-gold.html

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