引用:
原帖由 ALeung 於 2006-8-24 12:10 PM 發表
Sorry to know you are the one that failed in this transation, as you are still licking your
wound for the silver bars that you are now holding. Good luck to you .
Certainly "timing" ...
Let me put this in simple english.
Investor S (stands for stupid) has $100K and he put it into gold coins (or 金牙,金戒子)，He pays a stupid amount of charges to the bank.
Investor T (stands for thrifty) also has $100K and he goes for gold margin but only long $100K worth of gold. He pays enough margin or even the full $100K to ensure there's no margin call.
Scenario 1 - Gold price rises and both sell at the same price. Investor S makes money if he's lucky enough that the profits covers the exorbitant charges. Investor T makes money less the 0.125% spread.
Scenario 2 - Gold price falls and both cut loss. Investor loses money in addition to the exorbitant charges the bank charges him. Investor T loses money and in addition loses the 0.125% spread.
So, what has risk management to do with it. Does that mean holder of physical gold needs less risk management?
My wound was when I was a S investor in 1979 or 80 when physical silver is the only way to invest in silver. By licking my wound, I don't mean resenting losing money, but resenting being a stupid investor by paying Johson Mathey 7% premium over the market price. Over the years when I tried to sell, I couldn't find a taker, or someone who wants to discount 7% from the market price to take my silver bar. Isn't this stupid enough?
I have done extremely well with my gold margin over the years, thank you. It's not about whether you make money or lose money because you may read the market wrong. You could have made much more (or lose less), with the same amount of risk.
Other brothers, please DO NOT BUY PHYSICAL BULLION. If you are scared, do something else.
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本帖最後由 dejavu2003 於 2006-8-24 12:30 PM 編輯 ]
