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re: Gold (took a small short position today on 5/25)
Posted on 1/27/11 at 10:19 pm to Fat Bastard
Posted on 1/27/11 at 10:19 pm to Fat Bastard
Anyone bought physical gold yet? I might get some allocated bars.
Posted on 1/27/11 at 10:38 pm to Tiger JJ
quote:You mean like this?:
I might get some allocated bars.
quote:How many you looking to pick up?
London Good Delivery Bars, which weigh approximately 400 toz (troy ounces), or 12.4kg, and are at least 99.5% pure. Each bar is stamped with a unique Serial number, the Refiner’s Assay stamp, the Fineness, and the year of manufacture, and has an unbroken Chain of Integrity guaranteed by the LBMA and its member banks and assayers. The cost of each bar is determined by its gross weight, its purity, and the price of gold on the London Market. At $600 per ounce, each bar would be worth on the order of $240,000.
Posted on 1/28/11 at 12:03 am to Tiger JJ
my f-i-l has some bullion that he got back in the 70s
only person I know with physical gold that isn't jewelry
only person I know with physical gold that isn't jewelry
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