This is paper gold, right?
How do you lose money when you sell gold and the market is going insane? Did they hold orders and get caught buying more expensive metal to fill them?
When I typed "Did rosland capital sell physical gold?" into Google, their A.I. gave me this answer (citing three sources including Rosland Capital's own website):
Yes, Rosland Capital sold various forms of physical gold, including gold coins (both bullion and premium/exclusive proof coins) and refined gold bars, directly to consumers and for inclusion in Precious Metals IRAs.
“This is paper gold, right?”
not really ... they were selling only physical gold, but eventually couldn’t deliver because they didn’t hedge the market, which zoomed up wildly, and they were then unable to make good on their last batch of pre-paid orders ...
yes