> From: "Danny Van den Berghe" <[EMAIL PROTECTED]>
> Date: Mon, 23 Jun 2003 21:01:48 +0300
> To: "e-gold Discussion" <[EMAIL PROTECTED]>
> Subject: [e-gold-list] Re: gold ETF and GDC

>> Pecunix charges ZERO storage fees, as does 1MDC... you can't go lower
>> than that!
> 
> 
> True, but Pecunix also has a 2% above spot purchase cost, so you have to
> hold for 2 years before Pecunix will work out cheaper than the gold ETF.


And a gold coin may have 8-10% markup, so you would have to wait 8 years.
But DGCs are a good intermediary between the new ETF and gold in your hand,
and have a markup somewhere in between.



- John

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