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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (448)3/14/2001 1:01:21 AM
From: Claude Cormier  Read Replies (2) of 8273
 
<... it goes from around 10% for small amounts like 200Cdn down to around 4% at the 10kCdn level >

Ouch! Gold Currencies goes for 3-5% and lower for amounts greater than 5K...transfer fee is 1/10 of 1% to a maximum of one gram ($8-$9) All you need to do is to establish a network of exchange brokers who will exchnage gold for pesos. -:) I am sure there are bullion dealers in Mexico??

<http://www.goldcurrencies.ca/ - nicely laid out, my compliments to your developer>

Thanks I did it in my spare times...

< ... you will be acting as a cambio yourself?>

Yep: goldmoney.com

<1. it will work well only when it's widely accepted, and >

well e-gold is there since 1996 and growing. GoldMoney will certainly do as well or better.

<2. the guvmints aren't going to like it, it's a concept that frees the individual, if/when it becomes widely accepted they'll try to regulate it out of economic practicality >

They won't do it. First become all paper currencies will become digital in the next 10-20 years. Some will have gold backing ..the Euro..The next Asian currency...The possible silver peso ??? Second, this gold currencies will be out of their jurisdiction.

CC
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