Purchasing Gold In Buenos Aires

rudy

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1. Anybody knows where to purchase good quality gold in Argentina? (gold coin, bullion, etc.)
2. Is the price calculated based on the official FX rate? if yes, will this mean a pretty good deal given that i can exchange at better rate through xoom, etc.

thank you.
 

Joe

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There are countless ways to profit from the arbitrage between the official rate and the blue rate.

My only difficulty is deciding each morning which one I will use to further enrich myself.
 

Ries

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google, dude.
and, no, you are not going to be able to arbitrage the exchange rate- the people who buy and sell gold in BsAs use the blue.
http://www.compradlis.com
but there are tons more.
 

Joe

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bitcoin will be next :lol:
You've been telling people for years now Bitcoin will crash. Some Argentines that did NOT follow you advice have gotten rich by selling pesos in exchange for Bitcoins.

You investment advice has been as profitable as CFK's

Argentine President Cristina Fernández de Kirchner announced this week that she is converting her personal savings account from US dollars to Argentine pesos.
http://www.pri.org/stories/2012-06-07/argentina-president-ditches-dollars-save-pesos
 
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