Loading ...Re your…”if GLD is getting Gold from them it belongs to someone else already!!!!!”
You forgot something. Widely known.
Possession is nine-tenths of the law is an expression meaning that ownership is easier to maintain if one has possession of something, or difficult to enforce if one does not.
Derived from the early English property system, where the right to possession of property was endorsed by the king in the form of a writ. … These nine writs evolved into the nine original laws defining property ownership, hence the expression “possession is nine points in the law.”
Comment: The gold could get confiscated by govt for the greater good. The holders of paper gold may just be paid in cash.