[imcarthur]

Well I didn't sell - yet. The correction is in swing with gold down $100 to $1763 as I type this. I discovered that selling gold as an asset is not as simple as it seems.

Kitco will buy @ $1759 (right now) but you must ship & insure & you have to give them a 15% deposit (wire transfer) for any quantity over $7500.

Scotia Bank (the seller in this instance) will buy back at around spot but only with original invoices + $14/oz bar charge & commission of 0.5% up to $2K, 0.25% 2K-5K, 0.125% for above. And you sell in person at their counter.

Other buyers hit you with charges more than those above.

Ian