Historically there has been about a 2% to 3% spread on gold bullion. That equaled up to 6% lost on any trade that you buy at 3% above spot, and sold at 3% below spot. In recent years, that spread has jumped to 5% to 6%. If you're buying and selling 3% above and below spot on gold transactions, you'...

A couple months ago I saw a quote by one of George Soros's managers that they were selling gold since the threat of a depression had diminished.  This confused me since gold is always mentioned as a hedge against inflation, not deflation.  I've tried researching this aspect of gold without finding m...