[e-gold-list] Re: Fw: gold price downturn and investment vehicles

2003-12-03 Thread jpm
Also, what is your opinion of the top 3 hard gold assets to own for
investment purposes? (I am speaking of the ones that are readily sellable in
a high priced market.)
Well I think owning IG gold (goldmoney, e-gold or 
whatever) is probably your best bet Gordon.

You can always sell e-gold at or very near spot, within a day.

If you own stupid one ounce gold coins or the 
like, you will pay 5% or 10% or worse premium 
when you sell or buy them, at your local bullion 
shoppe.

If you deal in large amounts of money, and you 
can have your own real gold bars - so called 
400 oz bars, about $130,000 each, then sure, just 
buy those and keep 'em in London or Geneva, just 
like GoldMoney does.




thanks

Gordon
www.katzglobal.com
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[e-gold-list] Re: Fw: gold price downturn and investment vehicles

2003-12-03 Thread Katz Global Media

Hi,

I would have to agree... I did call around today and the local rates on
american Eagles are $31.35 over spot and to sell they are paying $4 under
spot. Canadian Maples are going for $28.75 over spot. One would need a
fairly large upswing to overcome that so i don't yet see how holding hard
gold assets is better except for long term saving for non investors.

What I am wondering now are two things: What is going to happen to the real
estate market in the US over the next 1-2 years and how e-gold could be used
to fund real estate assets on the upswing while they dip.

Regarding silver:

I think from what i understand about the market now that holding e-silver
may be a better bet in the short term even with gold going up to $500+

What are your thoughts about the current market value of silver as opposed
to gold? And will silver close the gap faster than gold's upswing?

Gordon
www.katzglobal.com
Anonymous HostingĀ® Solutions


Quote
--
Well I think owning IG gold (goldmoney, e-gold or
whatever) is probably your best bet Gordon.

You can always sell e-gold at or very near spot, within a day.

If you own stupid one ounce gold coins or the
like, you will pay 5% or 10% or worse premium
when you sell or buy them, at your local bullion
shoppe.

If you deal in large amounts of money, and you
can have your own real gold bars - so called
400 oz bars, about $130,000 each, then sure, just
buy those and keep 'em in London or Geneva, just
like GoldMoney does.
--


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