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To: Phillipian

Don’t say I never warned you when it returns to its normal relationship with platinum. My gold target, given the normalization of financial markets now underway is sub-$500/oz. That of course is the spot price, but given the hideous illiquidity of the physical market, your results will be some 10% below the spot price.


10 posted on 08/22/2009 7:40:30 AM PDT by babble-on
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To: babble-on

given the hideous illiquidity of the physical market, your results will be some 10% below the spot price.


You need to do some research, and learn that there are much better ways to sell your gold.

I can sell 1 oz Eagles for $20 ABOVE spot price ($18 (1.8%) less than I buy them for) from the same source, paying shipping only on the sell-back. www.tulving.com

Why so hostile to gold?


12 posted on 09/08/2009 11:39:00 AM PDT by Atlas Sneezed (Socialism: The sin of envy, masquerading as a political movement.)
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