> > True, but Pecunix also has a 2% above spot purchase cost, so you have to > > hold for 2 years before Pecunix will work out cheaper than the gold ETF. > > > And a gold coin may have 8-10% markup, so you would have to wait 8 years. > But DGCs are a good intermediary between the new ETF and gold in your hand, > and have a markup somewhere in between.
The goldcoin is a little different, because I will often be able to sell with an 8-10% markup too. So, that a big difference. If a buy a coin with 10% markup, the next day it is still worth 10% above spot and you will likely be able to sell it for not much less than what you paid the day before. But with e-gold you pay 2% above spot, and when you try sell it again the next second you only get spot rate (unless you find somebody who wants to give you more). So, with e-gold the 2% premium is lost immediately. That's not the case with coins. Danny --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
