Jump to content

Recommended Posts

Posted
4 minutes ago, Surasak said:

Each to their own. Its not a 'can't lose', commodity admittedly, but an average of 20+% yearly in crease,  is better than my present bank savings. Strange to say I was refused a £20000 Bullion purchase, last week. No explanation, just a sorry, we can't help you.

Try KITCO, they ship internationally. 

  • Agree 1
Posted
On 5/23/2025 at 5:47 AM, FlorC said:

I cannot believe you asked what CBDC's are.

Where are you hiding ? Somewhere under a rock in Isaan without TV or internet?

 

I cannot believe you never considered gold.

 

As your name suggests , you are Swiss ? Switzerland is a world player in gold.

Switzerland and Singapore are famous for secure gold storage.

 

Does that mean that I could no more buy 100 sacks of potatoes with a 1 kilo Gold bar at the local market, without being qualified as an "enemy of the state"?

 

1 kilo would buy you 100.000 sacks of potatoes. 

Better to try buying a sack of potatoes with 1 oz silver coin .

 

I think there will be a black economy when things get worse after forced CBDC's.

And the state(s) will not be happy with that.

 

As a Swiss , you speak german ?

Browse around Kettner-Edelmetalle (Gold & Silber) - YouTube

 

 

I DO own Gold. I never said otherwise.

Posted
On 5/23/2025 at 3:40 AM, Yellowtail said:

These are for the apocalypse: 

gold.png.c9b26b44034bfa4c9efccd53f7cd5b95.png 

THX. Interesting. I calculated the Bid/Ask price for this product. I arrive at a little over 7%. Compared to other Gold products I find this spread "reasonable". Something worth looking at.

Posted
1 hour ago, swissie said:

THX. Interesting. I calculated the Bid/Ask price for this product. I arrive at a little over 7%. Compared to other Gold products I find this spread "reasonable". Something worth looking at.

The price is a bit strong, but I I think they're cool, and at the current price, they break into grams or about $100 "coins". I bought some Joyalukkas Bars when I was working in Dubai that are also kind of cool.

 

Beyond the investment value, gold is fun to have as well.

 

After checking, the ones I have are these, which I think look a little cooler: 

 

combi.png.a088aab1076d00db5c000f766c9fd5a2.png

 

 

Posted
On 5/22/2025 at 8:43 PM, swissie said:

I am starting to feel a bit uneasy. More and more "financial advisors" pushing Gold as a uncontested "store of value", a "safe harbor". The "can't lose" syndrome making the rounds.

 

Those financial advisors forgetting to mention, that Gold has gone thru "bear markets". The last one lasting from July 2011 to December 2015. From $ 1830 down to $ 1060. Not sure if Gold holders considered Gold as a store of value during this time.

 

Let's face it, Gold is a metal (a commodity if you will) it's value measured in US$ daily. Supply and demand, just like in any other commodity.

 

I find it disturbing that increasingly financial advisors are recommending Gold to small investors as a "can't lose" investment.

What's your time horizon?  That can make all the difference.

 

I remember buying 1oz gold coins in the early 90s for $300 or so.  Easy to buy, easy to sell.  It's been up and down ever since, but historically, it's a store of value and has been for thousands of years.

 

My last purchases were five or six years ago. $1600? Something like that.  The more money they print, the higher the price of gold.

 

What's interesting at this point is the cryptos.  And silver, of course. 

Posted
30 minutes ago, jas007 said:

What's your time horizon?  That can make all the difference.

 

I remember buying 1oz gold coins in the early 90s for $300 or so.  Easy to buy, easy to sell.  It's been up and down ever since, but historically, it's a store of value and has been for thousands of years.

 

My last purchases were five or six years ago. $1600? Something like that.  The more money they print, the higher the price of gold.

 

What's interesting at this point is the cryptos.  And silver, of course. 

Silver would be okay if buying a fund or pool, but IMO, the value to weight ratio is too low to store it. 

Posted
1 minute ago, Yellowtail said:

Silver would be okay if buying a fund or pool, but IMO, the value to weight ratio is too low to store it. 

The problem with the funds is that when push comes to shove, they may not have the silver you think you were buying.  If you read the fine print in the prospectus, they can cash you out instead of delivering silver.  

 

As for the "value."  It may be much more than you think.    

Posted
14 minutes ago, jas007 said:

The problem with the funds is that when push comes to shove, they may not have the silver you think you were buying.  If you read the fine print in the prospectus, they can cash you out instead of delivering silver.  

 

As for the "value."  It may be much more than you think.    

I have some physical silver, I bought at $16.98, in I think 2014. 

 

310 Troy ounces weighs 9.642kg and is worth about $10,300. You need a BIG safety box for this. 

 

$10,300 in gold weighs about 3.07 Troy ounces or about 96 grams, which you can carry in a shirt pocket. 

 

$100,000.00 in gold weighs 904 grams, and will fit in a small safety box. 

 

Since I bought my metal, gold is up ~160% while silver is only up ~90%

 

 

 

Posted
On 5/22/2025 at 8:57 PM, Yellowtail said:

I am about 12% in gold and think it is an okay "safe haven" investment, but in the just over ten years I've been holding it, everything I have (but my home) has outperformed it. 

 

After all, it is just a rock - I had a store in a mall - - next to the jewellery store. I used to pick up rocks in the parking lot and walk excitedly into the jewellery store and show the manager... "Look at this one!!!" Of course, I made sure there were no customers. I didn't want to embarrass him -- - and then maybe there would be a run on the other rocks in the parking lot. 

Posted
11 minutes ago, Yellowtail said:

I have some physical silver, I bought at $16.98, in I think 2014. 

 

310 Troy ounces weighs 9.642kg and is worth about $10,300. You need a BIG safety box for this. 

 

$10,300 in gold weighs about 3.07 Troy ounces or about 96 grams, which you can carry in a shirt pocket. 

 

$100,000.00 in gold weighs 904 grams, and will fit in a small safety box. 

 

Since I bought my metal, gold is up ~160% while silver is only up ~90%

 

 

 

And that's why silver is a good deal right now. There's only so much of it above ground, and only so much is mined every year.  And it's not just for investment, it's used in industry.  And for years, the price has been manipulated.  One of these days, the true value will surface.   

Posted
15 minutes ago, Yellowtail said:

I have some physical silver, I bought at $16.98, in I think 2014. 

 

310 Troy ounces weighs 9.642kg and is worth about $10,300. You need a BIG safety box for this. 

 

$10,300 in gold weighs about 3.07 Troy ounces or about 96 grams, which you can carry in a shirt pocket. 

 

$100,000.00 in gold weighs 904 grams, and will fit in a small safety box. 

 

Since I bought my metal, gold is up ~160% while silver is only up ~90%

 

 

 

My wife bought farmland - it doesn't fit in any box, other than a little at a time... but why? It has gone up 4x the value since we first bought in 2004 - but the big bonus is that the family can make a living farming it... 

Posted
1 minute ago, 1FinickyOne said:

My wife bought farmland - it doesn't fit in any box, other than a little at a time... but why? It has gone up 4x the value since we first bought in 2004 - but the big bonus is that the family can make a living farming it... 

It's not really an investment if you have to evict your family to sell. 

 

Buying farmland and leasing it would be an investment. 

Posted
8 minutes ago, jas007 said:

And that's why silver is a good deal right now. There's only so much of it above ground, and only so much is mined every year.  And it's not just for investment, it's used in industry.  And for years, the price has been manipulated.  One of these days, the true value will surface.   

I hope you're right. 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   1 member





  • Topics

  • Popular Contributors

  • Latest posts...

    1. 5

      Thailand Live Sunday 25 May 2025

    2. 0

      Thai Woman Arrested at Suvarnabhumi Over Money Laundering & Online Gambling Network Links

    3. 5

      Thailand Live Sunday 25 May 2025

    4. 0

      Drunken Jealousy Turns Deadly as Vegetable Vendor Fatally Stabbed in Bangkok

    5. 5

      Thailand Live Sunday 25 May 2025

    6. 0

      Family Accuses Police of Attempted Murder After M16 Fired at Drug Suspect’s Vehicle

  • Popular in The Pub

×
×
  • Create New...