Quote:
Originally Posted by mmbt0ne
I'm not sure I understand.
Are you saying you put $100 on the card, and then the value on the card goes up and down not only by you crediting/debiting but also based on the spot price of gold?
I don't know about what they have in India - Link maybe?
I was thinking about buying certain amount say 10 grams, which you can always cash in for the spot.
I know it seems like a silly idea (who needs this) but I think it might change the general appeal of gold from "just something old people have sitting in their safes" to something that can be useful, speculative at the same time.