Largely because you lose so much worth. You're losing 5%-15% of it's worth in overhead and transaction fees in both ends. Which is why fake fractional paper trading is so popular.
Heck, buy a brick of silver and lose your ass. You buy at fine silver coinage pricing, plus broker fee, and sell at bulk jewelry minus broker fee. That's a big hit.
The market has to rise much just to break even. Nevermind profit potential. It's why standard financial advice is to avoid metal speculation.
Metals should only be purchased as a hedge. With some exceptions they usually are a terrible investment. Which means they really only serve as a hedge against collapse.
Largely because you lose so much worth. You're losing 5%-15% of it's worth in overhead and transaction fees in both ends. Which is why fake fractional paper trading is so popular.
Heck, buy a brick of silver and lose your ass. You buy at fine silver coinage pricing, plus broker fee, and sell at bulk jewelry minus broker fee. That's a big hit.
The market has to rise much just to break even. Nevermind profit potential. It's why standard financial advice is to avoid metal speculation.
Metals should only be purchased as a hedge. With some exceptions they usually are a terrible investment. Which means they really only serve as a hedge against collapse.
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