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Note, folks we normally find it an expansive lesson to speculate on those items with huge store costs such as Oil and Gold. In case of gold, part of the store
by fredgrott 3y ago
Note, folks we normally find it an expansive lesson to speculate on those items with huge store costs such as Oil and Gold.
In case of gold, part of the store costs is the fact that its not legal tender and direct gold ownership has several large obstacles. Not to mention gold coin where the cost to take that non-pure gold and convert it is expensive.
If you are looking at this buy a meal for a commodity trader and use that meal time to get an education on these issues before jumping into it!