hi..im being investing gold in a smaller scale almost a year..only local made physical gold..as usual when u buy..u buy at selling price of the company and when u sell ..u sell at "buying" price of tht company(if u r lucky u wil manage to sell to agents or customerswith higher price).. i do make profit of buy low sell high as a short term selling to profit..but wat i realise recently after the september crash and with current gradual bullish market..its very hard to sell to customers or other buyer with company selling price..they are alot of people are doing their trading and they sell as low as company buying price + 1%.besides tht the competition to liquify their gold is high. in current market i see they are more selling power rather than buying power..i wonder if we keep all our gold wish to reach 2000/ounce..wat happen next..if u gonna sell who is ur target customer..since we are mostly private n individual investors, how do we sell them with higher price..do you think the buying power during tht moment will b worst?(when everyone want to sell with fear of crash after tht) just wondering..any opinion regarding this..just curious..
Gold investment corner v4, Will gold price achieve USD2000 by 2012?
Nov 16 2011, 06:08 PM
Quote
0.0154sec
0.53
7 queries
GZIP Disabled