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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (11239)11/8/2006 3:49:01 AM
From: energyplay  Respond to of 218227
 
Informal and "Black" markets currently exist for a variety of things, notably narcotics, anabolic steriods, untaxed cigarettes, endangered species products, illegal satellite TV decoders, tropical birds, and who knows what else.

Gold is universal and easily recognized, small, and significant value can be easily carried on a person.

About 500 grams ~ 16 troy ounces ~ 1.2 pounds = $10,000 USD

16 one ounce coins stacked in a tube roughly the size of a Nokia 'candy bar' cell phone.

If we can make the assumption that gold mining itself will remain legal, and many small miners will remain, almost any miner will be in a position to 'launder' or process a coin into the mine production, either by melting, grinding, disolving, or electro-platting.

I would expect small mining to remain legal in Mexico and Canada at a minimum.

I would expect to get a 10 to 20% discount from a grey market transaction, but that would be from the unofficial price of gold, not the "official" price.