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<p>[QUOTE=&quot;umtrr-author, post: 234495, member: 5719&quot;]Gold at $1000 would probably allow a &quot;breakeven&quot; sale against gold bought today, at least in small quantities.&nbsp; </p><p><br /></p><p>Last time I looked, a one ounce gold coin was in the $800 range against a $680 or so price per ounce.&nbsp; Add in tax (for some &quot;lucky&quot; people) and/or shipping, and then figure that the buyback price will be somewhat under spot to allow for profit at resale, and $1000/ounce is probably about what you need.&nbsp;&nbsp; It&#039;s worse for smaller weight coins (1/2 ounce, 1/4 ounce, and, worst of all, 1/10 ounce) which carry sucessively higher overhead versus the actual gold content.</p><p><br /></p><p>I am using a dull pencil on the back of a used envelope for the above, so a more scholarly answer may vary and perhaps prove me too pessimistic, which I would welcome.[/QUOTE]</p><p><br /></p>

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