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How do I get started in the Gold trading business?

Question

Can you advice me -I have 2 or 3 buyers of gold but they want to do business in very safe mod like bank to bank. My basic business is used generator trading I don’t know how to start this new type of trading??

Answer

Gold buyers are seemingly everywhere especially with gold at record prices.

Buyers are typically looking to make a profit from simply buying gold for less than it is worth and selling it at a higher price. I am sad to report that they better be willing to get into mining like we discovered – if they expect to obtain gold at a discount. They can sponsor a miner and buy future production, or get into the actual mining. OR, take 3-6 months and travel to remote locations in Africa, or other gold bearing countries, build relationships with miners, figure out all logistics, and THEN they might have developed a way to BUY gold at a discount. But even then they will not be able to by more than a few hundred grams at a time. Despite what you might see, gold is not easily found at a discount anywhere.

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