Physical gold

Discussion in 'Commodity Futures' started by Big AAPL, Oct 18, 2018.

  1. Big AAPL

    Big AAPL

    Sorry if this is the wrong forum., but let's assume for a moment that I were given a number of 10 ounce physical gold bars as part of an estate that I were the executor of, what would be the best way to handle it. As a short term ES trader, I must admit I know nothing about this.
     
  2. Take pics and post. Need to get purity assay. Need to make sure what they are represented as is true. Plus don't give up possession to anyone who will do the testing. Once verified as proof, you can sell to jewelers.
     
  3. ET180

    ET180

    Personally, I'd just hold it. I think you'll get a chance to sell it for a lot more in a few years. Let's see...
     
  4. Big AAPL

    Big AAPL

    Thanks Spec...cannot do that at this time as it is in a safe until the estate settles, however I have no reason to doubt its authenticity. Purity is another matter.
     
  5. zdreg

    zdreg

    Gold would be a nice offset to your short term trading. keep it!
     
  6. Big AAPL

    Big AAPL

    LOL Thanks Z
    I just may do that!
     
  7. speedo

    speedo

    Makes a cool paper weight.
     
    ElectricSavant and dealmaker like this.