Marco, the only way to make serious goldbug money=buy low & sell higher, or sell higher first and buy/get back the "sold gold," replacing what you sold much higher.
There really is money to be made, the closer to the physical gold one actual gets. I am constantly amazed at the schemes dreamed up to part goldbugs from their money.
Me? Here's what I did after I got wise to the Kaplan's/Blanchard's/Gammage's/Dine's mantras:
I went and learned how to do two things:
1) find the stuff in the water(placer gold)or in the ground:
that gold is free and easy to sell for more than I "paid for it"
(and in the spirit of complete disclosure, MY equipment cost to
locate free gold is approximately:
$25 for kit: gold pan, classifier screen, snuffer bottle for tiny pieces
$450 for decent gold metal detector
$35 for portable sluice box
$250 for back-packing suck'em up water dredge
$400 for spiral panner, which literally walks gold up to a center hole, dumps the gold in a cup, leaving sand and other stones behind.
Beings as how it is solar/DC or AC powered, it is quite portable and
works while I'm busy in the stream or in a former river bed.
Basically,
my first 3 ounces paid4 above; the rest of the recovered gold is free.
So, it is easy sell placer gold for more than $0.00 cost factor (i.e., buy low, sell high)
The second thing I learned to do was
2) find above ground discarded gold! Man,oh,Man is there a LOT of IT! And it is cheapcheapcheap!
The cost was & continues to be
my time in learning where it was and still is, in obscene discarded amounts,
plus 1 small assay fee.
(for those that don't know how/where, there's a how2 manual & kit for about $35 available)
Then I started acquiring THAT GOLD, for less than $20 per oz of gold recovered with a 10:1 silver credits, which is all free as well. With all those silver credits, all above ground discovered and recovered gold is negative cost. Now, let's see Blanchard et al, top that one!!!
It's easy 2 sell above ground, discarded gold 4 more than $20 oz cost factor! The second way to buy gold low and sell high.
Like you, I learned quickly that playing in paper gold,
as "ANOTHER" kept calling it:
i.e., leased gold,
E&D guessing game gold companies,
producing gold companies equity fluctuations,
gold futures,
gold options,
gold index options,
gold mutual funds,
and last but not least,
gold PAPER newsletters that only talk to expensive subscribers about the above paper gold, was THEEEEE single, most expensive way to be a goldbug.
If you just have t'have paper/reading material about gold,
I'll reco a couple of good gold monthly/quarterly subscription magazines. Cheaper than Casey, Blanchard, Dines by 1/10th. Hell, you'll even get colored pix and specific places to go get your cheap gold!
Now, THAT is ONE of the only 2 PAPER gold ways I'd suggest anyone invest in paper gold.
Put your gold learnings to good use, my goldbug cyberfriend,
and get closer to the physical if you really want to make serious goldbug money.
Let Blanchard et al, get to the goldbug! Their business model is super flawed! Who wants to buy and sell goldbugs? Not me!!! I never bought a goldbug cheap and sold a goldbug for more than I paid for it.
O/49r
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