Friday, June 15, 2012

FAQ: Investing in GOld and Selling back to get money? goldsenze ...

Q&A: Investing in GOld and Selling back to get money?

I have a questions for all experts in Gold investment. If you invest in gold (gold coins, bars, etc) Can you sell it back later on? to get money? If you do, where do you sell it to? who are the potential buyers???? I am beginner? please help! thank you?

Answer:

why would anyone want to actually deal in the physical stuff?

it is just as simple and usually far easier and cheaper to buy and sell options on gold futures. there is no physical stuff you have to take care of, no storage charges, and no question when time comes to sell of the purity and weight of gold.

see your stock broker and talk to them about buying options on futures.

{note: speculating in futures and/or writing options on futures is much riskier as there is no limit to the downside of your trade.}

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