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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (30590)	4/14/2005 2:26:41 PM
From: jennifersilversun	Read Replies (1) \| Respond to of 110194

I don't know what Goldmoney's expense ratio is. You can try browsing their website or emailing them. I've had fairly prompt replies from them. Yes, I could have taken the money I put into Goldmoney and bought coins or bars with them. But frankly, I didn't want the hassle of tracking down reputable coin dealers, and haggling with them over spot price. Also, with Goldmoney, I'll be able to cash in whatever amts I want--whether $200 or $2000--whenever I want. My understanding is that with most coin dealers, the less you sell them the less of a 'deal' they'll give you. Btw, their website is fairly extensive on detailing their proceedures in the event of bankruptcy in the like. Just browse around.

To: Tommaso who wrote (30590)	4/14/2005 2:35:56 PM
From: Wharf Rat	Read Replies (3) \| Respond to of 110194

"I walked into Bank XXX on XXXX street in Toronto..." I can't tell you about Canada, but, in America, you don't buy Eagles from the bank, or even the mint, (unless they are proof sets). Eagles are stamped $50.00. If you go to a bank, or the mint, they will give you face value of the legal tender, to wit, 50 bucks. "Never mind you paid like $450 to a coin dealer; sez rah cheer it is 50 bucks". Sell small lots to a number of coin dealers and put the checks in the bank slowly or cash 'em in for paper and stick it in a box and add it to your account slowly, or be a good citizen and pay taxes. If you get metal, keep it yourself; safe deposit box, safe, hole in the ground in the woods. Don't leave it at the source. They may even lease it. Rat