I don't know why any rational investor would purchase "gold Bullion" from 24KT..When they could play gold through an ETF such as the (GLD), Gold mutual fund, or via Futures (e-mini), or against a currency.
1) No rational or irrational investor
could even buy gold bullion from me, because I don't sell it, I buy it.
2) IMO, no rational gold purchaser
should even consider buying gold through an ETF because as Andrew Maguire aptly pointed out ETF's are leveraged as much as 100 - 1. This means the "stock" or "futures contract" which is what it is, is resold over & over, with no bullion to back it up. If anyone were to read the fine print on the ETF's one would realize that they can default and owe you nothing but the actual dollar amount you originally paid. People invest in gold in order to
store the value of their money. In the event of an economic crash or a massive devaluation of FIAT currency, one needs the gold, not the FIAT currency they used to purchase the gold.
If anyone seeking to preserve their wealth were to seek my advise, I would tell them to run clear of ETF's, and to exchange their FIAT currency only for
physical bullion, ...allocated physical bullion, ...or even better... take delivery.
There's no need to sling childish insults