Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10 5/3/83; site hou2f.UUCP
Path: utzoo!watmath!clyde!floyd!harpo!ihnp4!houxm!hou2f!pvlm
From: pvlm@hou2f.UUCP (P.LAMASTER)
Newsgroups: net.invest
Subject: Re: buying gold
Message-ID: <143@hou2f.UUCP>
Date: Wed, 1-Feb-84 09:05:37 EST
Article-I.D.: hou2f.143
Posted: Wed Feb  1 09:05:37 1984
Date-Received: Tue, 7-Feb-84 08:47:12 EST
References: <530@akgua.UUCP>
Organization: Bell Labs, Holmdel NJ
Lines: 10


  The suggestion to deal directly in gold (through newspaper ads)
is one to consider, but also consider that brokerage houses usually
guarantee the assay of the gold.  If you buy and sell on the "open
market", you need to either pay an assaying service to determine
the purity of the gold or be very careful of those with whom you
deal.  Remember also that buyers of your gold have the same dilemma:
do they trust you or do they insist on an expensive assay?
  Pete LaMaster  BTL NJ (201)949-4604