Buy physical gold bullion and earn 2% every month

It's actually buying physical gold bullion (hallmark 999.9) and earning a fixed interest of 2% every single month as long as the gold bullion is in your possession.

In a nutshell,*

Example: A pawn shop sells you 1kg of Gold Bullion at US$50'000 (lets say current market price is US$50 per gram) plus 2 percent discount.

So instead of paying $50'000, you pay $49'000 and receive 1 kg of gold and an invoice stating that this pawn shop will buy back this 1kg of gold (at the price you pay on day 1) from you at the end of 30days.

After 30 days, you can either keep the gold or you can return back the gold to the pawn shop and receives $50,000 (based on the first day's price you brought)

So you would have made $1000 which is 2 percent of the $50,000.*

Repeat this process every month, you will make 2% percent per month, it will be 24 percent per year

What if the pawn shop closes down? would you lose $50'000? No, you still got that 1kg of gold in your possession*

The price that the pawn shop sell you is the same retail price as what gold retailers are selling

The above statement are in simplified format

Let's talk more if you are keen to explore further. You be amaze by how such a simple and logical mechanics actually works and able to generate consistence profit. *

Do send me an email and we discuss from here.

Best Regards,
Jeffrey

 

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This looks very confusing to me. Why should the pawn shop pay us so much money? 2% return per month means 24% per year. Even the most exotic mutual funds and ETFs won't give you that sort of returns in a year. Please clarify my doubts. I smell a rat!