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SPDR Gold Shares Message Board

  • theraven222 theraven222 May 8, 2012 10:54 AM Flag

    sell all your gold jewelry

    when gold hits $400 buy back four times the amount

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    • Never buy it back. Buy imitation jewellery. Change it often.

      You always lose 1/2 your money buying and selling physical.

      If you must trade gold use an ETF e.g. GLD or other. You get full price on selling and pay market price when buying. Annual operating costs are low.

      Just taking delivery of physical could cost thousands.

      Physical is almost always a scam.

      Jewellery is almost always a scam.

      You can buy jewellery today, go to another store try to sell it. You will lose at least 50% right of the top. Go ahead and try it. You can always return it to the original store for a full refund.

 
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