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I caught them back in 1993 doing the same thing ,it ALMOST cost me $50,000 ,fortunately I was alert and switched out of there in time … They are not to be trusted with GOLD investors money ..
It really should be investigated ! DONT they have a FIDUCIARY responsibility if they are running a GOLD FUND to act in their investors interest ,and NOT their OWN…! This is criminal !
The Managers of that FUND cant be that stupid when every other Fund does better than 20 % gains
this is not a single stock risk its a Mutual FUND ,it seems a deliberate attempt at MAL investment with selfish motives that dont benefit the investor .Vanguard has some splaining to do ! WE all have an interest in this ! ZACKS has a 4 (SELL RATING )on them ..How can a 1.4 billion asset Fund ,no LOAD ,LOW fees, have such POOR performance ? Wheres their FIDUCIARY responsibility to act in their GOLD investers interest ? Theres something FISHY here !