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Stool Pigeons Wire Message Board > Stock Market Message Board > Stool's Gold- Gold and Precious Metals Forum
Ageka
Dani
As I understand it you are quoting prices from France were people have to pay tax on gold
That tax would explain the discount %
In Belgium there is no discounts and no tax

http://www.munters.be/servlet/javaparser.c...st_or_new&lg=nl
Hugo Bo$$2
Ageka,

Taxes are only when you sell 8% (it is an old tax kept as a drawback of being able to confidentially sell gold in France). However, the premiums have been must higher in the last months (about +/- 2%) and were almost +50% when the gold peaked in the early-80´s.

You can also notice in Dani's file that strangely US coins have huge premiums.
Ageka
QUOTE(Hugo Bo$$2 @ Jun 12 2005, 06:34 PM)
Ageka,

Taxes are only when you sell 8% (it is an old tax kept as a drawback of being able to confidentially sell gold in France). However, the premiums have been must higher in the last months (about +/- 2%) and were almost +50% when the gold peaked in the early-80´s.

You can also notice in Dani's file that strangely US coins have huge premiums.
*



Prices reflect the gain margins of the shops or intermidiairies
I post on a German forum and several Germans have
come to buy gold in Belgium ( money in the left hand
gold in the right hand or visa versa ; no tax no questions )
In Belgium gold is sold by moneyexchangers at the correct spot price
they make their money doing dollars and yens versus euro
In Germany in the banks and shops premiums are high too
dani2989
update 20/06/2005
Errors were to suppress in this version :
http://www.dani2989.com/pdf/piecedor200605.pdf

Ageka
Merci Dani smile.gif
Ageka
Here you can see the daily buy and sell prices for gold in Belgium
Do not look at the american gold they only give buy prices

http://www.munters.be/servlet/javaparser.c...st_or_new&lg=nl
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