Comments on: Counterparties A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: RichardSmith Fri, 21 May 2010 12:25:33 +0000 PHYS vs GLD is apples and pears: PHYS is a closed-end fund and 100x smaller than GLD. So it looks as if all the paranoiacs about GLD are piling into PHYS instead – and overpaying for their gold via the huge premium to NAV.

Compare COMEX ETF and GLD ETF instead: Hard to tell them apart.

Oops, I have a feeling that was your point.