Hey,
>>According to my information, you will get about 89.7 milligrams of gold
>>when selling one Euro, and you need 86.2 grams to buy back a Euro.
>
> interesting, so if I buy gold with all my savings, and then buy euros with
> the gold, I have more euros in the end? where did you get your info - I might
> contact them for a nice euro-gold generating carrousel!
http://www.engelhard-clal.nl/koers.htm
What you're not calculating in is the transaction costs and the fact
that you won't be charged this rate except if you're an institutional
buyer :)
Peter.
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