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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: carranza2 who wrote (64695)7/13/2010 6:57:49 PM
From: TobagoJack  Read Replies (2) of 217591
 
just in in-tray

player 1: Have expat person ... worth a quarter billion coming in from se asia tomorrow to arrange for enough security boxes in hk central located bank so that he can load up on gold equal to 1% of his nav.

talked him into limiting to coins, and that it may take a whole lot of trips. So he wishes to pay 2% aggregation fee to save self from troubling bother.

We of the faith are doing god's work.

player 2: as suggestion for your friend :

1% of nav for your friend equals $2.5mn worth of GOLD.....in coins it becomes too much a bother and un-economical ! HSBC is starting physical GOLD (in kilobars) either end of this month or early August.....you may direct him accordingly

player 1: That is valuable information, on at least two levels, (i) that HSBC is planning to do so to meet demand, and (ii) there apparently is demand. Fabulous. Now must hunt for boxes in central, and should that be "no have", then further out.
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