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Laypeople hear professionals talk about how gold is a good investment, but they don't realize that professionals are trading gold ETFs and futures. Ill informed
by dahfizz 3y ago
Laypeople hear professionals talk about how gold is a good investment, but they don't realize that professionals are trading gold ETFs and futures. Ill informed lay people then go buy a gold bar from Costco.
- bluGill 3y agoFor laypeople there are two reasons to trade gold: to show it off, or in event of society collapse. Both of them require you to have the physical gold in your possession. Professionals can trade gold futures and make money, but that is a very different type of investment that laypeople generally should stay out of because of how complex it is.