Buy Gold From Banks

Buy Gold From Banks

Why not buy gold in banks? The war between gold and bankers is declared!

Bankers do not usually make the state, but it is possible buy gold bars and coins to the bank. According to banks, buying gold coins can cost from 2 to 4% commission, plus the rental of a safe (60 € per year). Trust then 2 days to 4 weeks before the party if the bank agrees to sell the property.

Know one thing, bankers are not very fond of gold sales. The yellow metal is still often regarded as a barbarous relic is put aside: the latest investment bankers prefer financial fashion!

Why bankers do not like gold? Because once the purchase is completed, the customer becomes "Unproductive": in other words, the purchase of gold does not require management costs, or income with which the bank could pay.

How
buy gold coins the bank?

Conveniently sealed in packages with the invoice to prove date of purchase and therefore have the option of pay tax on capital gains instead of the flat tax on resale. You can also have these coins in a chest in the same bank.

The More banks to buy gold coins, even if you prove that you purchased the property in home.Indeed, who are not experts in the field and are always afraid of being deceived, and therefore almost always refuse to take the gold. How to sell gold when they are unable to differentiate between 10F and 20F napoleons or you do not know what a Krugerrand, the world The best selling work? !

Then the French bankers are not motivated to sell gold because they are contractually committed mostly Gold with RPC, which ensures the supply and fixing its rate, the reading public knows newspapers.Thus impossible for a bank to take more than 1 to 2% margin because Otherwise, the client is going elsewhere.And sell a service, with a margin of 1% only leads to trouble … Many banks offer this service today, so more and leave managed by specialized companies that can be more competitive and relevant in the product sold.

More

over the past 2 months I have made ​​pure profit of $ 14.200, which have withdrawn $ 10,000 in my bank and left the rest to continue its activity with push button Pips Software

About the Author

I am a Forex Trader.I love currency trading.

Gold Manipulation by Central Banks (2 of 3)

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