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Posted

For years they have been saying that silver at 90 + G/S ratio is a good investment.

It's coiling up for a big jump, I read it nearly every day.

We're still waiting ....and waiting.

Small market , easily manipulated.

Gold has nearly doubled since it's peak from 2011 (1920 $) to 3500 $ peak.

Silver still way under the 50 $ peak from 2011.

 

Depending on when you bought , silver is a big disappointment.

Silver is gold on steroids , in reality , only when it goes down.

 

If you want to own silver (in your hands) expect premiums and taxes (VAT)

in many countries by which you quicky loose 20 %.

1 kg gold is now about 100 kg silver (without VAT) which is a lot to store.

If you give it to secure storage , is costs you more for silver.

 

At these prices for gold it's a tough decision , because with Trump's daily

flipflops and posible wars ending , chances are bigger for a drop, but it can go much higher too,

because the financial fundamentals (debt , inflation , money printing ,bail-ins...) are still there.

 

Silver still cheap , but when is it finally going to break out ?

Buying gold in Thailand is easy , silver not.

Thais don't seem to care about silver.

 

EU starts with CBDC's in october 2025.

Good to have some of the metals and keep your

money out of banking or cbdc'c.

 

 

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Posted

Gold is a solid long term investment, and especially easy in Thailand.

The most highly respected company is Hua Seng Heng.
We bought our physical gold there, because gold from that business is recognized all over the Kingdom, and beyond.
We also have an online gold investment account with them, which is great because you can buy small fractional quantities (1,000 Baht minimum purchase) so very easy to "buy the dips" from home and ladder into a lower cost per Baht Gold.

Investing in Gold is a process, over time, that has historically paid off when given enough time.
 

Posted
30 minutes ago, Digitalbanana said:

Never go all in on anything.

I need for you to call my Brother in Law!  He bought 25,000 shares of Apple in 2010 and never sold it!  Is it too late to prove him wrong and get him to change his ways???

Posted
36 minutes ago, FlorC said:

For years they have been saying that silver at 90 + G/S ratio is a good investment.

It's coiling up for a big jump, I read it nearly every day.

We're still waiting ....and waiting.

Small market , easily manipulated.

Gold has nearly doubled since it's peak from 2011 (1920 $) to 3500 $ peak.

Silver still way under the 50 $ peak from 2011.

 

Depending on when you bought , silver is a big disappointment.

Silver is gold on steroids , in reality , only when it goes down.

 

If you want to own silver (in your hands) expect premiums and taxes (VAT)

in many countries by which you quicky loose 20 %.

1 kg gold is now about 100 kg silver (without VAT) which is a lot to store.

If you give it to secure storage , is costs you more for silver.

 

At these prices for gold it's a tough decision , because with Trump's daily

flipflops and posible wars ending , chances are bigger for a drop, but it can go much higher too,

because the financial fundamentals (debt , inflation , money printing ,bail-ins...) are still there.

 

Silver still cheap , but when is it finally going to break out ?

Buying gold in Thailand is easy , silver not.

Thais don't seem to care about silver.

 

EU starts with CBDC's in october 2025.

Good to have some of the metals and keep your

money out of banking or cbdc'c.

 

 

All you said I agree with.

I vault metals in Singapore and Canada. Silver just isn't worth the storage fees and space. If you hold it yourself it's bulky and again takes too much space. 

 

The only money I ever made on silver was the 90% silver American 'junk' silver coins I bought in 1974 when it was $5/oz and sold last year.

 

I can see a modest decline in gold price but think support is still above 3000 and resistance to the upside will fall as things go to s##t globally. I could see 4000 in the next few years (or even months). Governments have been buying gold steadily and stealthily for many years and Joe Sixpack is even waking up. I'm with you. Thai gold jewelry is just too easy a target.  I buy regularly from the same shop and he has never ask my name. Gotta love it!

To paraphrase an old hippy truism:

Gold will get you through times of no currency better than currency will get you through times of no gold.

 

My four investment pillars for most of my adult life were metals, cash,real estate, and equities. 

 

Last year I sold all my American real estate and moved the money into cash/metals/equities.

 

I have moved 90% of my cash out of America to several offshore accounts. In short term I think America is too much of a financial risk now.

 

  I own my house here but real estate is not liquid enough for me at age 75.

 

I've done particularly well in equities since I got into oil 30 years ago and held it then got into semiconductors the last few years.

Posted
1 hour ago, FlorC said:

Gold has nearly doubled since it's peak from 2011 (1920 $) to 3500 $ peak.

if you go 5 years earlier from 2006 ($600) to now $3500 peak it would be nearly 6 times as much..., I know because I bought at that price before moving to Thailand. :tongue:

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