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Politics : Welcome to Slider's Dugout
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To: Box-By-The-Riviera™ who wrote (4144)12/14/2006 8:49:09 AM
From: c.hinton  Read Replies (1) of 50737
 
How ever... for the average investor one must take into account that pesky commission for buying and selling gold bullion ....lets say a minimum of 6% commission on a round trip holding gold, not to mention postage,insurance and safedeposit fees.
Foreign exchange commissions are around 2 to 3(?) percent .
Interest can be earned on cash deposits or bonds ,perhaps 4 per year.
These are not taken into account in the charts.......
with regard to etf.....one can be unlucky and wind up buying on a premium and not recuperating it on selling.and of course no interest is paid.
I state again that when compareing gold against any form of fiat ONE MUST take into account interest earned.......not to is wishfull thinking.
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