Articles
How these ETFs actually work, and what the numbers behind them mean.
Why Gold ETFs Track the Spot Price, Not the Futures Price
GLD, IAU and GLDM track the LBMA spot benchmark, not COMEX futures. The two prices differ by 0.5–1%, and using the wrong one puts a systematic error into every conversion.
September 26, 2026 · 8 min read
How to Hold Silver: SLV, SIVR, or Physical Metal?
Four ways to hold silver, and the gap between the cheapest and the most expensive is measured in double-digit percentages rather than basis points. What each one costs and who each suits.
September 21, 2026 · 6 min read
What Is the Gold/Silver Ratio, and What Does It Tell You?
The gold/silver ratio is how many ounces of silver buy one ounce of gold. Here is how it is calculated, what its historical range looks like, and why it moves so much.
September 17, 2026 · 7 min read
How Do Bitcoin ETFs Track the Bitcoin Price?
Bitcoin trades 24/7 but the ETFs trade 32 hours a week. How creation and redemption keeps the share price tethered, why the gap widens, and why the ratio drifts every single day.
September 13, 2026 · 6 min read
GLD vs IAU vs GLDM: Which Gold ETF Should You Hold?
All three hold the same gold and track the same benchmark. The choice comes down to a 0.22% fee difference that compounds — and whether you ever intend to trade options.
September 8, 2026 · 6 min read