Discovered a great trick to earn from gold with 0 % risk*

[shubhamchugh]

Today i go to a jewellery shop with my mom to buy some jewellery.There i found that,jewller sells gold & silver on the basis of previous day's closing price.
Then i got an idea what if we buy & sell 24 carat gold biscuits for trading instead of doing it in etf.
If today gold is closing with rise,buy some gold biscuits from shop at previous day's price.On next day see if gold price is rising or not.If its rising then hold it & if its falling then sell it at previous day's price to jewleler.In this way ,we can make money in gold trading with 0% risk*.
Is this trick can truely be performed if i've enough time. :gunsmilie:
*conditions apply

 

[MurAtt]

Ask the jeweller ... or other - else this one will get wise in 2 days time .... whether he will buy gold biscuits .. and that what price etc etc.

If he says yes .. den u can .. buy from one . sell to other ...

BUT

Say u see at 11am that price rising .. by the time u go to shop and buy its 12 noon and price still rising .. so u buy 10 gms ... or 100 gms .. (payment ? Cash most probably).

Now by closing if price falls then ? u r stuck ...

 

[shubhamchugh]

Ask the jeweller ... or other - else this one will

Say u see at 11am that price rising .. by the time u go to shop and buy its 12 noon and price still rising .. so u buy 10 gms ... or 100 gms .. (payment ? Cash most probably).

Now by closing if price falls then ? u r stuck ...

That's why i mentioned conditions apply under *
BTW why we'll buy it at 12,we'll buy it after closing of gold trade.What's the closing time of commodity trading?

 

[MurAtt]

 

[Vector]

That's why i mentioned conditions apply under *
BTW why we'll buy it at 12,we'll buy it after closing of gold trade.What's the closing time of commodity trading?

Arre bhai , if u go after close u get today's closing price not yesterdays..

Koi fool proof method nahi hai brother, so stop trying to reinvent the wheel.:lol:

Ek system ko pakdo aur shuru ho jao...

 

[PGDIMES]

Today i go to a jewellery shop with my mom to buy some jewellery.There i found that,jewller sells gold & silver on the basis of previous day's closing price.
Then i got an idea what if we buy & sell 24 carat gold biscuits for trading instead of doing it in etf.
If today gold is closing with rise,buy some gold biscuits from shop at previous day's price.On next day see if gold price is rising or not.If its rising then hold it & if its falling then sell it at previous day's price to jewleler.In this way ,we can make money in gold trading with 0% risk*.
Is this trick can truely be performed if i've enough time. :gunsmilie:
*conditions apply

That's why i mentioned conditions apply under *
BTW why we'll buy it at 12,we'll buy it after closing of gold trade.What's the closing time of commodity trading?

P-baba ki jai ho It was my idea a few years back when hallmarked gold was being introduced in the Indian jewellery market :! But have you ever tried to check that the jewelers include a lot of hidden costs!!! :annoyed: Moreover VAT is another impediment...

:gunsmilie::gunsmilie::gunsmilie::gunsmilie:

 

[shubhamchugh]

P-baba ki jai ho It was my idea a few years back when hallmarked gold was being introduced in the Indian jewellery market :! But have you ever tried to check that the jewelers include a lot of hidden costs!!! :annoyed: Moreover VAT is another impediment...

:gunsmilie::gunsmilie::gunsmilie::gunsmilie:

Today or tommorrow ,we're going to buy 24 carat gold biscuits ,i'll calculate all these taxes ,commissions etc. then take decision what to do.:cheers:

 

[shubhamchugh]

Arre bhai , if u go after close u get today's closing price not yesterdays..

Koi fool proof method nahi hai brother, so stop trying to reinvent the wheel.:lol:

Ek system ko pakdo aur shuru ho jao...

Fir bhi chalo 2-3 baje khareed le to bhi risk to bahut kam hi ha.Closing of commodity mkt. se 1-2 ghante pehle khareed lo.
BTW, mujhe bhi ye trick mplement karni mushkil hi lag rahi ha.i

 

[rkkarnani]

Today i go to a jewellery shop with my mom to buy some jewellery.There i found that,jewller sells gold & silver on the basis of previous day's closing price.
Then i got an idea what if we buy & sell 24 carat gold biscuits for trading instead of doing it in etf.
If today gold is closing with rise,buy some gold biscuits from shop at previous day's price.On next day see if gold price is rising or not.If its rising then hold it & if its falling then sell it at previous day's price to jewleler.In this way ,we can make money in gold trading with 0% risk*.
Is this trick can truely be performed if i've enough time. :gunsmilie:
*conditions apply

Tells your age!!!

 

[shubhamchugh]

Tells your age!!!

This age is the age of imagining