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<p>[QUOTE="Doug21, post: 1106939, member: 5650"]Well that's basically why you'd buy gold bullion in the first place....you think the dollar falls in relation to gold in the future, right !</p><p><br /></p><p>Now you can't tax this stuff, IMO....therefore keep it small to " eliminate" taxes, 28% would be a killer.</p><p><br /></p><p>My ( honest) local dealer has these price spreads as of a few minutes ago with spot Gold at $1389</p><p><br /></p><p>1 ounce eagles</p><p><br /></p><p>buy $1406</p><p>sell $ 1469</p><p><br /></p><p>tenth ounce AGE's</p><p><br /></p><p>buy $140.60</p><p>sell $ 155.25</p><p><br /></p><p>He doesn't do much in tenths, so he charges 5.68 % more. I think at some point the tenths will carry a premium. I'd sure want it small if the shvt hits the fan blades....and that's why we buy Gold, eh ?</p><p><br /></p><p>I'm sure better prices could be negotiated on large volume purchases...but my whole purpose would to structure it into small purchases so Uncle Sam can go **********.</p><p><br /></p><p>Small is the way to go. Storage isn't much of an issue with Gold, so tenths in tubes or whatever might take up more room, but less room if loose in theory. A small S/D box at the bank full of Gold would be worth a lot of money since you could hold $30k in gold in the palm of your hand easily enough. I could see stuffing a million + in a S/D box...it would be awfully heavy ![/QUOTE]</p><p><br /></p>
[QUOTE="Doug21, post: 1106939, member: 5650"]Well that's basically why you'd buy gold bullion in the first place....you think the dollar falls in relation to gold in the future, right ! Now you can't tax this stuff, IMO....therefore keep it small to " eliminate" taxes, 28% would be a killer. My ( honest) local dealer has these price spreads as of a few minutes ago with spot Gold at $1389 1 ounce eagles buy $1406 sell $ 1469 tenth ounce AGE's buy $140.60 sell $ 155.25 He doesn't do much in tenths, so he charges 5.68 % more. I think at some point the tenths will carry a premium. I'd sure want it small if the shvt hits the fan blades....and that's why we buy Gold, eh ? I'm sure better prices could be negotiated on large volume purchases...but my whole purpose would to structure it into small purchases so Uncle Sam can go **********. Small is the way to go. Storage isn't much of an issue with Gold, so tenths in tubes or whatever might take up more room, but less room if loose in theory. A small S/D box at the bank full of Gold would be worth a lot of money since you could hold $30k in gold in the palm of your hand easily enough. I could see stuffing a million + in a S/D box...it would be awfully heavy ![/QUOTE]
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