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Old 11-22-2011, 07:35 PM   #15
FLOMOUSLY

Join Date
Oct 2005
Posts
354
Senior Member
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...
One of the good things about living in Istanbul is the small premiums of buying and selling PM's, usually around 2%...
For a paper trade equivalent to one ounce of gold, the transaction cost is about 0.6%, and it decreases linearly with purchase size. A five ounce equivalent gets you down to about 0.1% per transaction.
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