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The other part of the definition is that it can be easily bought and sold on an exchange. I think if there were an exchange for physical gold then it would be c
by burkaman 4y ago
The other part of the definition is that it can be easily bought and sold on an exchange. I think if there were an exchange for physical gold then it would be considered a security.
- sebzim4500 4y ago> I think if there were an exchange for physical gold then it would be considered a security. I don't think that if you were to make an exchange that made it easy to trade physical gold (rather than deriviatives) the SEC would suddenly determine that gold was a security.
- prottog 4y agoExchange-traded commodity futures (including those for physical delivery of 100 troy ounces of gold) have existed for a long time and are regulated by the CFTC.
- burkaman 4y agoRight, and those are securities, but gold itself is not a security because it's relatively difficult to trade.
- deleted 4y ago[deleted]
- esperent 4y agoThere's loads of trading platforms that allow you to buy and sell gold. https://tradingplatforms.com/commodity/gold-trading/ https://tradingplatforms.com/commodity/gold-trading/
- burkaman 4y agoBut these are all about trading gold-related stocks and ETFs, which are securities, right? It's just the actual metal that isn't.