The fund invests mainly in mining stocks, as these normally these move greater than the price of gold itself.

FORBES: USAGX's Denbow Looks For Gold Stocks 'That Will Survive In Most Markets'

Relative to actual annual consumptive usage, there is already a greater inventory of gold than there is of any other commodity.

FORBES: Bright Gold, Dim Economy

Because gold has not appreciated at a rate greater than inflation over the very long run, it would suggest that gold is not a buy-and-hold asset.

FORBES: All That Is Gold Does Not Glitter

Shares in mining company Freeport-McMoRan headed up Wednesday after the company beat expectations for profit with greater production than it expected of its mined copper, gold and molybdenum in the first quarter.

FORBES: Freeport-McMoRan Shares Spike After Earnings Beat

However, euros are paper and to increase the gold supply you have to go to much greater lengths than switch on a printing press.

FORBES: Three Questions Facing Capitalism