Gold trade

[ronseng]

Phsical gold trades can only be done at bullion.

[jolim26]

I have been good returns from gold investment too..:)

[peapot]

do you buy Gold from Genneva like trading shares?

[River]

peapot:

do you buy Gold from Genneva like trading shares?

It is similar.

But I think loaning money to the company using gold as a collateral may be a better way to describe the concept. The loan is renewed on a monthly basis.

[micollh]

i still du have the guts to go in… if only i do it earlier…now will be smilingall the way… sigh… timing timing…

[peapot]

Now seems abit late to go in. perhaps wait till prices drop but Genneva gurantee principal sum since its like a loan.

[peapot]

Oops! I meant it as a question. Do they?

[jolim26]

peapot:

Now seems abit late to go in. perhaps wait till prices drop but Genneva gurantee principal sum since its like a loan.

there is never a good time... cos when it is up... you hope.. it will come down.. when it is down.. you worry tt it will go further... just go in with an open, well informed mind... make the investment and earn the interest:)

[River]

jolim26:

peapot:

Now seems abit late to go in. perhaps wait till prices drop but Genneva gurantee principal sum since its like a loan.

there is never a good time... cos when it is up... you hope.. it will come down.. when it is down.. you worry tt it will go further... just go in with an open, well informed mind... make the investment and earn the interest:)

It does not really matter whether the price goes up or down since your returns depends on the amount invested, not on the price of gold.

[pojo]

When a deal is too good to be true, it probably is. There are many Ponzi like schemes around where promises are made to buy back the amount invested if the price drops. These promises are only good if the company making the promise is still around.


Imagine how the company making such a promise makes money if it had to buy back the investment made when the price drops.