Re: I just cashed out my lot of Bitcoins for Gold. Here's why.
in the investing enviroment of gold, NYSE new york stock exchange with brokers where big amounts of commodities are traded is safe and have small spread.
i dont want to believe you are thinking the investors are moving tons of gold and silver from one place to another during all the day, are you?
If you want to spend some usd in gold and keep them for at least a year its ok buy phyisical gold ounces, but if you are a day trader you have to move in another level
Ah, well in this case... agreed. Daytrading is not realistic with physical assets of course. Then again, considering the low price of metals, I would of figured you to be in for a longer term. I have physical silver, price averaging as the market goes down as the price is very difficult to predict with the 'growing strength' of the US dollar (
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