In the previous post about gold leasing, there was mention of ICBC's gold accumulation program. ICBC charges 0% for dollar cost averaging, making scheduled purchases of gold. If the saver takes the initiative to buy, they must pay a 0.5% fee. The redemption fee for gold sales is 1%. Savers can exchange their gold at no cost for physical gold offered by ICBC (although that gold may have a substantial markup).
个人积存金
English: Gold Accumulation Plan for Personal Account
Here are all the bank's gold services: Precious Metal
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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