Seth’s Blog on Finance

Television Interview About Gold Buyback Schemes and Gold Investment

I was recently asked to speak on a television programme catered for the elderly about the topic of dubious gold buyback schemes and a few proper ways of investing in gold.

I have written briefly about gold buyback schemes before, and since then the fallout from many such companies absconding with their customers’ money is apparent and all over the news:

Aside from opening gold savings accounts and purchasing gold bars, coins and gold certificates from banks as stated in the video, there other ways of investing in gold such as gold ETFs, unit trusts and futures. Such information was left out because it may get too technical, and I think the main takeaway would be that if an “investment” sounds too good to be true, it probably is.