Anyone here have come across Gold investment plan? I am working overseas and i come across an interesting plan.
The plan is that you invest in the gold bar, they will give you the physical gold bar, and that they will still pay you 2% of what you buy every months. They guarantee your cashback:
3 months=4.50%
6 months=12%
12 months=30%

However, the selling price is a bit more expensive compared to the market price (hedging). By the end of the investment, you may sell the gold bar back to them at the same price, or you may keep the gold bar, and sell to other shops.

Anyone here have any experience with this kind of investment?
http://www.goldentradersinternational.com/
http://gtigolden.com/

Just want to know if there are any pros and cons to this kind of investment as well.

Is there such facilities in Malaysia?

(Sorry in advance if this post have been already asked, i browse through the first few pages, and found too much to read... )