Gold trading

[Imagine]

I really want to get into the market gold trading, but I wanted to know a few things before hand:

1). How hard is it to get established?
2). Where can one usually find suppliers?
3). In light of the rollbacks, is it still worth it?
4). How much starting money should I have?

Thanks

 

[SwiftFoxR]

1. Not hard at all. If you know what your doing, you could have a shop up and running within a day or two. It could take quite a while to get noticed, though, if that's what you mean.

2. Most common place is the Selling Gold section (obviously). There are other ways, however. If you have a friend who stakes a lot, you could ask them to sell their winnings to you. They'll usually accept a low price, since they can easily get more. You can use your imagination (<-heh ;p) to think of other ways.

3. Yes, definitely.

4. You should have at-least 1-2 bil to start with. Or, you could open your gold-buying shop first, and when you have enough to start with, open your gold-selling shop.

Goodluck mate!

 

[Listen to Young Money]

I would think all of the chargebacks would eventually make it not worth it. Especially just trying to start up.

 

[Imagine]

Well I'd make sure that chargebacks weren't possible. (I.e direct paypal wouldn't be accepted).