Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (21438)	11/23/2004 1:43:25 PM
From: Louis V. Lambrecht	Respond to of 312623

Nope! My bank would allocate "one" bullion, not number xxxx, good for delivery stamped by "trusted assayer". If I take delivery, they first will try to deliver the doubtfull ones. (Not me actually, I warned I would not try to get a subponea, but would send some biker friends instead to take delivery <vbg>). On the place of Brussels, I know of 2 PM dealers I can do business with: cash against coin or bullions, and they are not banks, certainly not bullion banks. Further, I can buy gold at wholesale prices (much lower than bullion) in Antwerp, but will have to pay the assay if I want to sell. Or buy (forgot the name) a chain of gold of which each element weights exactly one gram of pure gold. Used for small change in the industry, no assay needed.