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Thailand Bound
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Posts posted by Thailand Bound
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Before I hit the deck when the market finishes, I want to ask what paper gold is. Does paper gold has a leverage? Or, do you pay the full amount carrying a paper but no physical possession?
For me, it's embarrassing to buy and sell gold at a gold shop or at a bank having had paid the full amount!
Paper gold to me is buying/selling in contracts!
I would be darn embarassed to carry all my gold to sell them to a gold shop thinking I'm one heck of a good investor! Perhaps, you are diferent?
If you want to see the actual certificate for paper gold go to page 362 and look at post 9042 or 48 I forgot. Yes you pay full price but at any time of your choosing you can present that certificate at UOB Singapore and either take cash back at the price they are buying it back or demand 1 kg of physical gold for it. There is nothing physical about this unless you want it too be.
I bought all of our gold for investment like this, only gold we hold that will not be sold it of course the wife's many pieces of gold and diamond this and that.
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Reading this thread tells me that people like to read and then quote articles that favor their line of thinking that's already been made up. Is that smart investing except for showing off your knowledge and wanting be considered well-read? Everybody can read what anyybody writes particularly from the so-called experts! Before the internet came along, I used to subscribe to many newspapers and magazines including the Asian Wall Street Journal which was delivered 2 days (?) after its publication. It had gained me nothing from reading all those. In fact, in the contrary, it had cost me! You go figure what I mean!
To date, I get a laugh reading the so-called experts saying such terms as "chart consolidation", "outside factors", etc, whenever something halts or going the other way.
I don't know about you guys but I don't reading as much like I used to!
My gut feeling reading here and my advice is to go opposite what you believe from reading too much!
So I should go short on gold and Naam should go long? We should listen to Jayman, his avatar demands it.
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can you give me ur atm pin card and number to please
Just sent you a PM with the info.
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D'you remember me telling you if you want to own gold own a gold miner........at LEAST there's some energy and enterprise being converted into added value.....UNLIKE gold which is a totally passive asset.
If you're so keen on gold why aren't you willing to use a bit of leverage and own some miners?
Having said that Barrick's nice little jump has been pre-buggared by years of very nasty spills.
Better look elsewhere?
Holy shxit......GDXJ looks worse than Barrick.
Owning Gold is not nearly as risky as owning gold mining stocks. The price of gold going up depends on the masses buying due to idiots in the govt's around the world and how they handle their individual economies. The price of gold mining stocks going up depends on a few idiots making idiotic decisions based on their thoughts how they should run their mining operations and their businesses. With some gold mining company management you could swap them out with the idiots in Washington DC and you would never know it. Gold mining stocks? Some times you win, sometimes you lose and sometimes it rains. Now you just think about that for a little while. LOL sorry the sometimes it rains onwards is a direct quote from the movie on right now, Bull Durham.
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Ha Ha from 2008 ....Naam .. typical..... "Gold Going Nowhere" ...
But it can happen again ..
BTW where are Vegas Vic & co ..
'
The gold bull market starts here . . .
Gold bullion jumped nearly USD 60/oz on Friday, spurring wide, and heavy, buying of gold stocks; Barrick, the world’s biggest, rose 31% on the day.'
You know Churchill the way Naam goes on about gold going nowhere but then gold charts and stories at the ready and keeping up with what banks started selling it after Singapore removed the GST on gold sales Naam may be a Gold Bull himself and is sandbagging all of us. If the word ever got out that the famous Naam is a gold bull instead of a gold bear then we could expect another 60 to 75 USD jump per troy ounce from gold, the sky would be the limit.
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Well either way, I am still going to hold our gold certs besides with a overall buying avg price of 589 USD a troy oz we are still up and with the way things sometimes work out the day after I sold it and flew back to Jakara then the markets would get wind that Yoshi and Naam had turned in to Gold Bulls and I would miss the obvious run that that would spur.
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5) No local brews are anything special, but none of them totally disastrous either, all a matter of taste. A number of places selling imported Belgian beer amongst others..
6) I am sure the Hare and Hounds is still there, as for Graham and Dave try the Stickman Bangkok site, he seems to know Cowboy as well as anybody.
5. Yes Corona available, depending on where you frequent, you also missed the now long gone Amarit from your list of beers.
6. H&H moved from SC to WS about 10 years ago, WS now dust and rubble. Dont know where Dave is, I seem to remember he was involved with about 3 bars, was Prince Of Wales another?, sorry too long ago to remember or care.
7. Dont remember the name, there were plenty of guys like that, some worse than others.
Thanks RGS I assume Amarit was so bad that I blocked it out of my mind. Yes I heard WS went by the wayside, another Tower of condo's going in there or ???? I do remember the mention of the Prince of Wales but did not remember or like you, care. Yes Nick was a sight but a stand up man, always paid his debts and kept his word. That kind of guy these days is few and far between. You'd laugh your ass off if you saw him on a bender, coming out of some run down short time hotel opposite Nana Hotel, hair not combed in 3 days and same for lack of shower, wearing a torn dirty shirt shorts not much thicker than boxers, no socks and his cheap Kings steel toed boots he wore offshore. Oh he was a sight but a standup guy you could count on nevertheless.
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Is it possible to rent a scooter?
Possible yes, but if you don't know Bangkok not a good idea.
Despite what everybody will tell you about how dangerous the traffic is, a motorcycle/scooter is the best way to go around Bangkok... if you know where you are going. I think you should find your way around for a month or two, then think about the scooter.
Good luck.
Yeah I'm comfortable riding a scooter, I'm not worried about traffic as much, as I've driven in Moscow, and I've never seen anything as bad as Moscow.
Go to Jakarta and see something worse.
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UOB Private Banking is an exclusive service, available to individuals with over
SGD5 million in investible assets. If you wish to learn more, we invite you to leave your details here.
Whoa they have raised that minimum for the private banking within the last 4 years
there are billions from old Europe pouring into SG every months. that's the reason most SG banks reject "poor" people with only a couple of millions
LOL At those numbers we could afford the account opening but no house to live in.
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I beleive what is really putting a squeeze on gold is Germany demanding the return of all of their stored gold sitting in the US and France. Even though it belongs to Germany some are wondering if it is still there.
where exactly do you see a "squeeze"?
Gold was really on th way down a month or so ago until Germany said they wanted to repatriate all of their gold holdings int he US and France. Several articles exist about it.
gold didn't do anything because of the assumed and invented horror stories
and twisted facts concerning "Germany and its Gold".
take a look at the graph:
I look and find that chart where the article I was readind said different.
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Have a look at Try https://baby.boom.co..._stock_trading/ based in HK
Thanks Yoshi I'll take a look at it later once I can concentrate on it
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I heard Klosters Netherlands had a falling out with their partner in Thailand
Kloster has nothing to do with the Netherlands, it is German.
Yes I saw where their Thai partner sued them and won 120 million USD.
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I beleive what is really putting a squeeze on gold is Germany demanding the return of all of their stored gold sitting in the US and France. Even though it belongs to Germany some are wondering if it is still there.
where exactly do you see a "squeeze"?
Gold was really on th way down a month or so ago until Germany said they wanted to repatriate all of their gold holdings int he US and France. Several articles exist about it.
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Ok news to me about the GST for locals on gold and silver purchases but that was always unfair. Since we are not citizens of Singers we had our GST fully refunded direct to our UOB SGD account.
So if either of these two new banks let someone buy paper gold and sell via a phone call care to give some info about this, if you do not want to say here just PM me if you don't mind.
i didn't say anything about "new banks" mate. any bank in SG that let's you establish an account with access to various markets let's you trade anything that is tradeable and that includes gold. i don't know the exact number of different banks in Singapore but estimate them to be several dozens.
caveat: multinational banks have very high entry thresholds some of them demand a minimum of USD 5 million. even UOB has set a minimum of SGD 350k for its "privilege account" and "private banking".
i am not up-to-date but a few years ago Standard Chartered had the lowest entry level for establishing a portfolio account.
OOPS! even UOB has become quite demanding nowadays.
UOB Private Banking is an exclusive service, available to individuals with overSGD5 million in investible assets. If you wish to learn more, we invite you to leave your details here.
Whoa they have raised that minimum for the private banking within the last 4 years
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Ok news to me about the GST for locals on gold and silver purchases but that was always unfair. Since we are not citizens of Singers we had our GST fully refunded direct to our UOB SGD account.
So if either of these two new banks let someone buy paper gold and sell via a phone call care to give some info about this, if you do not want to say here just PM me if you don't mind.
i didn't say anything about "new banks" mate. any bank in SG that let's you establish an account with access to various markets let's you trade anything that is tradeable and that includes gold. i don't know the exact number of different banks in Singapore but estimate them to be several dozens.
caveat: multinational banks have very high entry thresholds some of them demand a minimum of USD 5 million. even UOB has set a minimum of SGD 350k for its "privilege account" and "private banking".
i am not up-to-date but a few years ago Standard Chartered had the lowest entry level for establishing a portfolio account.
SPDR trades on the Singapore Stock Exchange (SGX:GLD 10US$)
Nah I'll pass although what I used to do was my Indonesian wife had a trading account in DBS and traded over the net and not subject to any taxes in the US trading on the NYSE or Nasdaq ect ect ect
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Ok news to me about the GST for locals on gold and silver purchases but that was always unfair. Since we are not citizens of Singers we had our GST fully refunded direct to our UOB SGD account.
So if either of these two new banks let someone buy paper gold and sell via a phone call care to give some info about this, if you do not want to say here just PM me if you don't mind.
i didn't say anything about "new banks" mate. any bank in SG that let's you establish an account with access to various markets let's you trade anything that is tradeable and that includes gold. i don't know the exact number of different banks in Singapore but estimate them to be several dozens.
caveat: multinational banks have very high entry thresholds some of them demand a minimum of USD 5 million. even UOB has set a minimum of SGD 350k for its "privilege account" and "private banking".
i am not up-to-date but a few years ago Standard Chartered had the lowest entry level for establishing a portfolio account.
Yes I am a privileged account holder in UOB and was once a Private banking account holder (1 million SGD) until we made some more investments in Indonesia and I used to be a Premier account holder in HSBC until I actually got tired of their arrogance and inability to serve a customer in a decent timely fashion. Through my search I see ANZ trades gold since the GST was dropped as well as Citibank but then as a US citizen I do not prefer US banks and given the reporting procedures now they do not prefer me.
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I beleive what is really putting a squeeze on gold is Germany demanding the return of all of their stored gold sitting in the US and France. Even though it belongs to Germany some are wondering if it is still there.
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Naam in Singapore, UOB is the only bank selling gold and silver, not saying you cannot buy it another way but they guarantee what they sell.
UOB was the only bank allowed to sell physical gold bullion in Singapore. this has changed since oct 2012 when Singapore lifted the GST on bullion. gold jewelry was of course always available in shops.
p.s. i have been trading paper gold with two banks in Singapore since years!
Naam in Singapore, UOB is the only bank selling gold and silver, not saying you cannot buy it another way but they guarantee what they sell.
UOB was the only bank allowed to sell physical gold bullion in Singapore. this has changed since oct 2012 when Singapore lifted the GST on bullion. gold jewelry was of course always available in shops.
p.s. i have been trading paper gold with two banks in Singapore since years!
Ok news to me about the GST for locals on gold and silver purchases but that was always unfair. Since we are not citizens of Singers we had our GST fully refunded direct to our UOB SGD account.
So if either of these two new banks let someone buy paper gold and sell via a phone call care to give some info about this, if you do not want to say here just PM me if you don't mind.
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re 4: Try Bumrungrad Hospital in Sukhumvit soi 3
re 5: Kloster is gone
Thanks Melvin, sorry to hear about Kloster, in the 80's it was only Klosters and Singha to drink or a good cold g & t
Singha and also G&T are both still available, in abundance
I am sure Melvin, Singha always sucked for me and my Singapore nephrologist really recommends too many G&T's and I can go looking for another donor for another kidney. Ever seen Corona in the market a all?
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Naam in Singapore, UOB is the only bank selling gold and silver, not saying you cannot buy it another way but they guarantee what they sell.
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Time to buy the hui ... !
Come on Naam get your cash out, sell some carpets and get the market moving up ... Buy at the bottom ..
unless you believe Gold is not going to respond .....
Monetary Base Breaking Out! Will Gold Prices Follow?
http://www.safehaven...d-prices-follow
HUI Miner's Index - We've Seen This Before, Too
I beleive on thing is for sure sooner rather than later:
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Nope I asked, they are afraid of fraud so the only way is to present your certificate and youself in person that is it.
that applies to your present method only! i am talking of opening an account and buy/sell any available paper gold you please.
Unless they have changed their policy the only way you could buy gold at UOB is via paper cert, physical or opening a passbook account like a bank passbook and purchase it that way and the only way to sell is do it physically.
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Sorry I forgot, how would you invest in it?
any paper denominated asset with the possibility to sell by phone or e-mail instruction.
Sounds like a dream come true, any recommendations or knowledge of such gold and silver based investments that is backed up by reliable trustworthy people?
may i assume that you consider UOB, Singapore trustworthy? if yes, i am sure they can (like most big banks in SG) offer you dozens of different possibilities to invest in paper gold.
Nope I asked, they are afraid of fraud so the only way is to present your certificate and youself in person that is it.
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I recently read a thread on the other Thailand forum talking about how Huil has cracked down on the issuance of visa's after someone bragged online on a forum how easy the visa's where to get from Hull, it seems they are turning down quite few now.
They stopped the issuance of Non Immigrant O visas for visiting friends a long time ago, which is what most people were using.
I also read one where the guy was wanting to vist his daughter, they were making him jump through hoops and he finally submitted a her birth certificate and they refused that as well, they need to know if he was a guardian or not. It seemed like a horror story.
What Were Your Favorite Top 10 Current Television Series In 2012?
in ASEAN NOW Community Pub
Posted · Edited by Thailand Bound
I was up to 2:30 last night, watched the first 3 episodes, Spacey and his southern drawl is perfect for this role. He takes the meaning of manipulative to a whole new level. episode 3 had me laughing my ass off especially when he is standing in front of church congregation and discussing his father's death to the congregation one moment and directly to the camera audiance the next. .