After watching the video,\u00a0I knew how the\u00a0Sandstorm amasses money.\u00a0They buy the gold in a fixed price and then sell it in a higher price.\u00a0In\u00a0other words, they use money to earn more money. Since they buy the gold in a fixed price, they can make sure that their customers’ profit even though the price of gold increases. That sounds irresistible to customers\u00a0because they will\u00a0only take a small risk.\u00a0But at the meantime, I wonder how those companies who sell the gold to make a profit.\u00a0If they sell the gold\u00a0at a\u00a0fixed price, can they earn money by doing so?\u00a0Or the fixed price\u00a0also depends on the situation, once the\u00a0gold price goes up, it also goes up, but\u00a0it still\u00a0lower than its competitors price. Or they have easy access to raw material, so the fluctuation of\u00a0gold price cannot influence them. Or\u00a0the company itself is also a customer of Sandstorm, they can\u00a0earn money with the help of Sandstorm instead of just selling the gold.<\/p>\n","protected":false},"excerpt":{"rendered":"
After watching the video,\u00a0I knew how the\u00a0Sandstorm amasses money.\u00a0They buy the gold in a fixed price and then sell it in a higher price.\u00a0In\u00a0other words, they use money to earn more money. Since they buy the gold in a fixed … Continue reading