Reply #30: I can understand all of that [View All]

[Art_from_Ark]

People should never try to day trade in gold-- even if it goes up $30 in a day, which it did recently, it only represents a 3- 3.5% increase in price. Chances are, the next day it will fall because the dollar suddenly "strengthens" (which is a load of crap).

"Gold clad coins" is a new one to me, but it automatically sounds like a sucker play, since there is no such thing as an investment-type "gold clad coin". Technically, the use of the word "coin" is supposed to be restricted to metallic objects produced by governments to be used as money, or as monetary media. Everything else is a token, a medal, or a "round".

And people actually sell their jewelry to hucksters on TV? Wow. I feel sorry for people who don't know any better and fall for that sort of thing.