[Hypno]

I looked into GM a few years ago, this info may have changed. While they have an audited deposit of gold, its an unallocated account, meaning that if something happens you just have an IOU. This is the the worst way to structure things, and certainly not worth paying a premium. You are better off buying CEF in your brokerage account. Also, they previously had a paypal-like payment ability which they had to shut down for regulatory reasons with little notice. That said, the founder James Turk knows his stuff and any essay he publishes is worth reading.