POSTED BY May 1, 2012 6:51 pm COMMENTS (3)ON
I am new bee in STOCK Market & i am in Learning Phase. Recently i am hearing about GOLD Commodity Trading in TV’s which attracted me & I have the following Questions in Mind:
1. GOLD Commodity Trading is the Best & Can expect Very less probability for LOSS – The following are the justifications they are giving:
a. The chances of going UP Gold Prices is high in a week rather than going DOWN. (Ex. In a Week’s duration, if Prices fall 2 days, the prices will be UP for 5 Days, so we will never end up in loss)
b. We needed a lot of technical knowledge & Experience for doing STOCK market Investment / Mutual Fund (Other than GOLD Commodity trading)
c. We cant predict the Prices for any stock, but for GOLD, anyone can tell of sure that it will go UP always.
2. We do not need to Pay entire amount for the Gold we are Purchasing
– How much its true, If its true, how much amount (in %) we have to Pay
– Also, It its true, then Will this is one of the reason for going GOLD Prices up?
– Recent TV Ads about GOLD Saving Schemes by popular Jewellery shops are doing this method to their customers (Ex. http://www.lalithajewellery.net/free_gold_plan/)
3. We do not charge for the Training or Opening the account for You!
– If they didn’t charge for Training / opening trading account, where will they get Profited / get their fees. (In TV they didn’t revealed this info)
I would like to hear detailed answers by many of the experts here. Thanks in Advance.
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