There absolutely are gold-based securities, though, and most of the "invest in gold" scams are likely subject to securities law. It's true that gold objects th

There absolutely are gold-based securities, though, and most of the "invest in gold" scams are likely subject to securities law. It's true that gold objects themselves haven't been traditionally considered securities, but that's not a blanket statement. Which is to say, again, that it's complicated and there aren't any free hacks to evade regulation if you're trying to scam people with an obviously fraudulent security