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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: goldsheet who wrote (81176)	1/27/2002 12:12:07 PM
From: Tommaso	Read Replies (2) of 116756

Question for anyone. Have you ever sold gold bullion? If so, would you mind explaining how and where you did so? There seem to be lots of dealers willing to sell people bullion coins and a certain number of people (including me) who have bought them. I was just curious if, say, after the last big rise in gold price--or for any other reason--anyone had ever sold gold. The only thing I have found for myself is that Kitco does offer to buy in bullion coins, but at a $20+ spread. The cheapest insured shipping seems to be UPS (about $70 fee to insure $20,000). Kitco is not required to report their purchases to the IRS. But I just was curious if anyone on this thread had ever walked into, say, a bank or dealer in Montreal with Maple Leafs and walked out with money. So far I know more people who have climbed the Matterhorn than who have ever sold gold.

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