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Message:: [QUOTE="mystery45, post: 735731, member: 19591"]i use to deal in 4x stuff until that market just became so saturated that it is useless.  the same thing happened there only with gold it is worse. in the 4x you have the bid and ask price.  that is known as the spread.  most good 4x companies only have a 2-3 pip spread on their currency pairs some are worse up to 4 or even 5. with gold the asking price is always at a premium.  most gold companies unless you buy it somewhere else (which can be spotty) have a 40-50% markup. there buy back is usually 30-40% less.  most of them also go buy retail value as well. Gold is not a short term investment if you want to do that i recommend the stock market.   the thing with gold is the same thing that happened with people that bought oil at 120 bucks a barrel and watched it slide all the way down. people buying gold at this price are going to get screwed once gold settles back down again. right now the best plan is to either sell what you have or some of it or keep it and wait to see what happens. if you are not invested in gold right now the best thing to do is just stay out of it until the prices come back down.  anyone that suggests buying gold at this price is just after your money not your financial success. i got into gold at below the 1000 buck mark.  i have coins so they carry a nice premium over standard bullion.  the problem is selling them to make a profit of some kind yourself.[/QUOTE]