morning dub please correct me if I am wrong
if you buy gold from the perth mint and you buy 1 oz you pay
price of gold at that time so lets use
$920 aus
plus their brokerage think about $40 aus
plus GST would be $96 aus
total $1056
price of gold goes to $1035 aus ($900 us)
you sell so you get $1035 less brokerage $40
so you collect $995 aus
you just lost $61 aus
am I correct or do I have it by the short and curlies
primus
chapmans latest : the international forecaster, page-22
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