Buy gold - buy high and buy higher still

Bengt Saelensminde introduces his simple strategy for spread betting on the gold price. Using a pyramid strategy, this method shows you how to profit from gold's continuing rally.

"Let me just get this straight. You're going to wait until the price goes up high enough, and then you're going to buy!"

Mike knows me well. We've been mates since we were knee-high to a grasshopper. He knows the quivering lip and sickly look on my face if I feel I'm overpaying.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.