GOLD 0.51% $1,391.7 gold futures

Orlando, -"im not a big enough cashed up investor to buy...

  1. 1,446 Posts.
    Orlando, -"im not a big enough cashed up investor to buy physical bullion and store it and pay all the fees etc". Mate, 100 grands worth can be held in 1 hand by volume, so how much are you buying?, and storage is quite easy , it's called a safe. The problem with physical is it's liquidity , and beware , the spreads are a killer also. FIAT maybe evil , but gold is STILL valued in it , and needs to be sold in it. Suggest maye you buy electronically on the ASX ,or spread a little to trade , and phys to keep. Just clculate entry/exit prices before you sell, allow about30-40% rises to break even.Cheers..
 
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