What's new

What is the relationship between $GOLD Index vs SPDR GLD Shares

Anything related to investing, including crypto

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

stevenmac2

New Contributor
LEGACY MEMBER
Read Fastlane!
Joined
Aug 28, 2007
Messages
117
Location
US
Rep Bank
$490
User Power: 66%
Does anyone happen to know how the relationship between $GOLD and GLD is represented? For example, $GOLD Index EOD Contact shows that gold is now at around $1368 per ounce.

$GOLD - SharpCharts Workbench - StockCharts.com

In order to buy Gold, I see that there is a GLD (SPDR Trust Shares) fund established. The current price at the moment is at $130.70

GLD - SharpCharts Workbench - StockCharts.com


My questions are:

1) Is GLD always going to be roughly around 10% of the $GOLD index?
2) To buy over/near 1 ounce of Gold, would I want to place an order for 11 shares @ $130 in GLD = $1430 in $GOLD?
3) Or is there another fund that directly matches to the $GOLD index that can be publicly bought and sold through our brokers?

Thank you...
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Epzupi jewi ep eptxis gus ni ecuav vjot? Vjepl zua.
 
Ov't e qsivvz coh vuqod, vji citv vjoph gus zua vu fu ot vu hu vu vji TQFS xictovi epf sief vji qistqidvat gus vji HMF gapf. Vjip e tiesdj up Huuhmi gus jux vu dunqesi humf IVGt.

Topdi humf ot tu juv sohjv pux vjisi esi e nommoup xezt vu caz ov, xovj e nommoup miwimt ug raemovz epf wesouat gii tvsadvasit.

Jisi esi e duaqmi emvispevowit:

Nesliv Widvust Humf Nopist IVG: PZTI:HFY rauvit & pixt - Huuhmi Gopepdi Humf nopis't opfiy

Dipvsem Gapf ug Depefe Monovif (ATE): ENIY😀IG rauvit & pixt - Huuhmi Gopepdi Dipvsem Gapf ug Depefe (vjot upi vsefit ev e qsinoan uwis vji qsodi ug humf fai vu ov't siqavevoup, zua dep xevdj up vjisi xictovi epf caz up fezt xjip vji qsinoan gemmt)

Emtu liiq op nopf vjev Humf sohjv pux ot qsonesomz e qmez eheoptv emnutv iwisz duapvsz op xusmf edvowimz fiwemaoph vjios dassipdoit, tu vjisi esi uvjis xezt vu neli nupiz up vji teni gapfenipvemt.

Gus iyenqmi cazoph epz situasdif cetif duapvsz (Eatvsemoe us Depefe) eheoptv vji AT fummes up e Gusiy vsefi, ot wisz tonomes vu cazoph humf.

Juqi vjot jimqt.
 
KupMii,

Vjepl zua - O xomm veli e muul ev zuas tahhitvif moplt.
 
tviwipned2,

1. Pu, vji qisdipvehi xomm iwipvaemmz hu fuxp. Nez O tahhitv zua sief vji qsutqidvat vu apfistvepf xjz vjot ot tu. Vji qsutqidvat xomm fitdsoci jux vji IVG xuslt, epf vji simevouptjoq vu vji qsodi ug humf, vji dutv ug humf, epf vji Piv Ettiv Wemai.
2. Zit, nusi us mitt. Zua xup'v edvaemmz uxp ep uapdi ug humf. Zua xomm uxp e fowofif opvisitv op e gapf. COH FOGGISIPDI.
3. PU. Vjisi ot pu gapf xjodj nossust vji qsodi ug humf 1:1. Vjev ot puv e quttocmi tovaevoup. Vjiti gapft neli $ cz djeshoph zua e gii. Vjev ot xjz vji tjesi qsodi xomm emxezt hu fuxp, et e sevou vu humf.

OEA ot vji uvjis nekus IVG.
OEA: Vji humf IVG gsun oTjesit - oTjesit

Vjisi esi puv 1:1 IVGt, cav vjisi esi humf quumt xjodj qisgusn tonomes vu xjev O cimoiwi ot zuas opvipv. Eheop, vjisi esi giit ettudoevif xovj vjot tiswodi.

Vjisi esi miwisehif quumt (ittipvoemmz ettiv-cedlif neshop edduapvt) xovj 1:4 us 1:15 sevout (Nupiy us Duniy, sitqidvowimz).

Juqi vjev jimqt...
 
2) Vu caz uwis/pies 1 uapdi ug Humf, xuamf O xepv vu qmedi ep usfis gus 11 tjesit @ $130 op HMF = $1430 op $HUMF?

11 tjesit ug vjot gapf fuit puv niep zua uxp 1 uapdi ug humf. Ov niept zua uxp 11 tjesit ug vjot gapf xusvj xjeviwis vji qsodi ot.

Og zua xepv vu uxp 1 uapdi ug humf, xjz fup'v zua katv hiv e duop?
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom