Daily Occurrence.

On 4/29/2026 at 4:40 PM, swissie said:

Simple question: How does your Thai wife react to price movements concerning Gold these days?

Big smile, gold price goes up-up-up... – ops, I'm not married, so not my wife... – girlfriend has been collecting gold for a while (for her own money) and is in good mood; even so good mood that she gave me one baht (of gold), so I also have a reason to be in good mood...

One reason that gold is preferred is that it's more easy making face with gold hanging on you than running around showing your bank book in a string around your neck...😉

On 4/29/2026 at 9:40 PM, swissie said:

How does your Thai wife react to price movements concerning Gold these days?

No reaction. Her gold is only for a rainy day, and it hasn't started raining yet.

On 4/29/2026 at 9:40 PM, swissie said:

Your Thai Wife and her Gold? Gold is a traditional "store of value" for Thai's.

We are far away from recent Gold price hights. Due to increasing inflationary pressure, interest rates are likely to increase, something that is "bad for the price of Gold".

Simple question: How does your Thai wife react to price movements concerning Gold these days?

My long term Thai partner does not react at all as she does not have any gold to speak of, maybe a tiny necklace.

She does own nine house outright though instead of gold, five of them are in Phuket.

Just now, khunPer said:

Big smile, gold price goes up-up-up... – ops, I'm not married, so not my wife... – girlfriend has been collecting gold for a while (for her own money) and is in good mood; even so good mood that she gave me one baht (of gold), so I also have a reason to be in good mood...

One reason that gold is preferred is that it's more easy making face with gold hanging on you than running around showing your bank book in a string around your neck...😉

I see rich Thais do not have lots of gold hanging around their necks, they have large houses to show off with instead, that is real wealth and perhaps a large diamond on a finger.

Bill gates does not push a wheel barrow full of gold as he walks down the street.

Showing off with a few thousand pounds worth of gold hanging around a neck will only impress the poor.

Just now, JamesPhuket10 said:

I see rich Thais do not have lots of gold hanging around their necks, they have large houses to show off with instead, that is real wealth and perhaps a large diamond on a finger.

Bill gates does not push a wheel barrow full of gold as he walks down the street.

Showing off with a few thousand pounds worth of gold hanging around a neck will only impress the poor.

Diamond are the world biggest con ....

Just now, MIke B Bad said:

Oh dear...just to clarify it was her gold, she bought it.....it was the shop that scammed her.

Just to clarify, it was my chain with an amulet, that we bought at a gold shop. It was placed on the Buddha shelf at home when not being worn. While I was away at work, she cashed it in for card money, and bought a fake one to replace it. After I returned, and a few days of wearing, it started to darken due to oxidisation and wear.

Just now, NanLaew said:

Just to clarify, it was my chain with an amulet, that we bought at a gold shop. It was placed on the Buddha shelf at home when not being worn. While I was away at work, she cashed it in for card money, and bought a fake one to replace it. After I returned, and a few days of wearing, it started to darken due to oxidisation and wear.

Bad kharma for her then. Great story though.

Gold is best viewed as a long term, steady investment, that ensures in the "Golden Years" (no pun intended) your wife / family can be secure. I have bought my wife gold on every birthday, and she currently has 21 Baht. If simply viewed in investment terms, she holds about 1,500,000 THB that went up 26% in just the last year. No government tracking, no taxes, no drama. If gold averages 15% growth per year over the next 5 years, which is very possible ... that gold will be worth 3,000,000 THB. Ten Years at 15% growth per year--- 6,000,000 THB. Are you seeing the trend long term investors buy into? Please don't bother to reply with investing advice, warnings, "evidence", etc since the topic here is about Thai Wives and their love of Gold. Thanks, have a great day.

<deleted>

Edited May 1May 1 by NanLaew

Just now, JamesPhuket10 said:

I see rich Thais do not have lots of gold hanging around their necks, they have large houses to show off with instead, that is real wealth and perhaps a large diamond on a finger.

Bill gates does not push a wheel barrow full of gold as he walks down the street.

Showing off with a few thousand pounds worth of gold hanging around a neck will only impress the poor.

At about 35,000 THB / Baht Thai people stopped wearing their gold. They were becoming targets for snatch and grab criminals. You clearly do not understand that Gold has been viewed over time as an asset that buys things instantly, can cross borders, the government can't "lock the account" etc. The key concept is "instant liquidity." Imagine there is a war, and you need a vehicle full of fuel to try and escape. Paper Money will be worthless. No one is coming to buy your house. You open a box of gold, and by sunset, you are behind the wheel of an auto and on your way. I nearly burst out laughing when you said "large houses to show off with instead, that is real wealth" I could explain to you why that is absurd, but can not "understand it for you" ... and know nothing will change your mind. Also, what value do Thai People place on diamonds??? Close to nothing really. Go look at a 25 year chart of gold prices. Notice anything???

On 4/30/2026 at 7:36 AM, ChaiyaTH said:

What you want to say with this? That she is genius? Anything that anyone bought over the past decade or 2 decades only went up, that's the result of money printing lol. And actually it is people like her that are the bag holders, as they think like old peasants, to always hold and never sell.

The money is being made by those who saw this obvious insane 1000 dollar move to 5500-5600 as unsustainable, took profit, and now bought back at 4000 before already. Just see my posts over all years of anything I saw with money, all was truth and happened exactly as i said. Not because i have magic powers, because i understand how the money system works. Few do.

Have been rolling on the floor laughing what nonsense is being written here over the years if it comes to stocks, bitcoin or gold.

To then educate you properly on the 'safe haven' imaginary things peasants believe in, it is false, gold has in modern human history crashed on every crisis and war, it was never a safe haven. It is just a safe asset for super rich to distribute their portfolio wealth.

Same it crashed right again now, with a 50% retrace, wiping out most folks, to then make them sleep when we hit 6K by christmas. But if the war etc persists, which is likely, gold can easily first go down to 3K again too.

Last but not least virtually everyone that is not by default in USD needs to consider the fact they do 2 trades. For example when bitcoin was 110,000 dollars the EURUSD was 1.03-1.05 only. Today Bitcoin is at 76,000 and EURUSD at 1.1689. That means you not only lose on the asset but also on the currency, the same counts when thinking to have made gains.

If you are not as base currency in dollars you always take 2 trades, a currency trade and a asset trade. For most people, to not understand that too, they think they are in profit while effectively they are break-even or at a loss, just due to that aspect alone.

What do peasants do in reality? They think of imaginery WW2 stories where gold was supposed to be the savior, which is false history, and they get greedy so they bought even more when silver and gold peaked recently, to now be in a overall loss. Trapped.

The only argument for gold from this WW2 stories was that if you fled your own country as a jew, you could bring this gold with you at the time, to start over and have some money, that's all there is to it. Its old irrelevant history that was abused for gold marketing purposes by jews who are the main sellers. It makes the peasant believe that the money system is real and fair.

The system broke in 2008, they never fixed it, they just play games ever since. You can't bet on those old logical beliefs. I'm sure soon they will activate one of these 'secret clauses' as Christine Lagarde called it, where countries can print 'as much as they want', after Germany insisted on deciding it for themselves after the Deutsche Bank nearly crashed in Q4 of 2019, after which covid followed, ISTANTLY, which saved the world crisis from starting. Any alarm bells going off yet? I hope they did because we are in Lockdown 2.0 soon. They have hidden clauses to print money and do whatever, they just need to 'invent a crisis or war', is literally what they said.

I bow to your apparent wisdom !

Surely it is wasted here on a petty forum?

Save the peasants I implore you !

Just now, JustinTyme said:

At about 35,000 THB / Baht Thai people stopped wearing their gold. They were becoming targets for snatch and grab criminals. You clearly do not understand that Gold has been viewed over time as an asset that buys things instantly, can cross borders, the government can't "lock the account" etc. The key concept is "instant liquidity." Imagine there is a war, and you need a vehicle full of fuel to try and escape. Paper Money will be worthless. No one is coming to buy your house. You open a box of gold, and by sunset, you are behind the wheel of an auto and on your way. I nearly burst out laughing when you said "large houses to show off with instead, that is real wealth" I could explain to you why that is absurd, but can not "understand it for you" ... and know nothing will change your mind. Also, what value do Thai People place on diamonds??? Close to nothing really. Go look at a 25 year chart of gold prices. Notice anything???

Looks too high.

Just now, Rockyroad said:

Looks too high.

That is what people said 10 years ago at 20,000 THB. The key here is (A) Gold is a loooonnng term holding. (B) The world is changing, the USD is losing its "privilege" as the world's petro currency day by day. (C) it is CENTRAL BANKS and Sovereign nations who are buying gold BY THE TON. Retail investors are just about meaningless in this global shift. (D) Check in in 20 years, and see if the current price is "too high" Have a great day watching your money in a Thai Bank pay just about ZERO interest! 555!

My wife says her gold is stored in the wardrobe, for the past 35 years I've not been able to find it! The 🤯😳🤣🤣🤣🤣🤣

On 4/29/2026 at 4:40 PM, swissie said:

Your Thai Wife and her Gold? Gold is a traditional "store of value" for Thai's.

We are far away from recent Gold price hights. Due to increasing inflationary pressure, interest rates are likely to increase, something that is "bad for the price of Gold".

Simple question: How does your Thai wife react to price movements concerning Gold these days?

Well, the only real money is gold, silver and real estate. Of course it's a longterm investment. The longer you hold on to it, the more it will be worth. I haven't done this with the Thai Baht, but there's inflation calculators available online, and I compared the buying power of 1000 Deutschmark back in 1990 with the Euro today. So, 1000 DM back then had as much buying power as 1100 Euro today. The initial exchange rate back in 2001 was 1 Euro equals 1.96 DM. If they introduced the Euro today, the exchange rate would be 1 DM equals 1.10 Euro. In other words, the Euro lost 110% of its buying power since it was introduced, while gold and silver increased in value by at least 1600% as of today. An ounce of silver went for about 4.30 dollars back in 2001 and gold went for about 235 dollars. Silver today is at around 72 dollars, while gold sells for about 4550 dollars an ounce. Even if you take just the lowest gold or silver sold for per year over the last 200 years and you connect these dots with a line, it's a steady upwards trajectory.

I'd keep my gold, if I was you, and if also start stacking silver because silver has more potential than gold. The reason being, for 1 ounce of gold you can get at least 50 ounces of silver. If that 1 ounce of gold goes up by a thousand bucks, you'll make a thousand bucks. But if silver goes up by just 20 bucks, the 50 ounces will also net you a thousand bucks. I think it's safe to say that silver will go up by 20 bucks faster than gold will by 1000.

The reason why gold and silver went down considerably since the beginning of the year is because the banks began to massively short-sell silver and gold because there's huge amounts of money to be made with it. The first time they cut it down was in February of this year. They short sold 3 trillion worth if gold, which dropped the price by 17%. 17% of 3 trillion is 520 million bucks. So they made half a billion over night. The paper silver market will eventually have to collapse at some point, and the physical market will take over. In Asia, especially in China and also Thailand, the physical market is the dominant one. Everyine buys physical silver and/or gold. No one buys shares here. So, don't buy shares, buy physical silver and keep stacking that. As long as they can still short-sell it, the price will stay fairly affordable and therefore the more one can buy. Since silver is an industrial metal that's used in solar panels and in the batteries of electric vehicles (amongst a myrriad of other applications) both of which are becoming more and more popular, there will also be an increased demand for silver and most of the silver that comes out of the ground is a byproduct of mining for other things. Once there is a shortage, the price will go up, whether the banksters want it or not.

Either way, no matter at which point you buy precious metals, if you hold on long enough to them, you'll get into the black numbers eventually. In 2012 an ounce of gold went for 35K at its highest point if i remember correctly. After the crisis it went down to just below 19K. But even the people who paid 35000 Baht back during the height of the financial crisis are now getting twice as much of what they've paid for it, minus inflation of course.

Just now, JustinTyme said:

That is what people said 10 years ago at 20,000 THB. The key here is (A) Gold is a loooonnng term holding. (B) The world is changing, the USD is losing its "privilege" as the world's petro currency day by day. (C) it is CENTRAL BANKS and Sovereign nations who are buying gold BY THE TON. Retail investors are just about meaningless in this global shift. (D) Check in in 20 years, and see if the current price is "too high" Have a great day watching your money in a Thai Bank pay just about ZERO interest! 555!

Gold pays no interest. Most old guys be dead in 20 years.

Just now, Rockyroad said:

Gold pays no interest. Most old guys be dead in 20 years.

The difference here being, gold goes up in value, and the money in the bank, loses value every day. Also, this thread is about Thai Wives, that is who the gold is for. By the way, when I first moved to Bangkok 14 years ago, I bought 25 Baht of Gold. 4 Years ago we sold that, and I am happily living in a brand new 3 bedroom, 3 bath home in Isaan, and every thing in it, or parked in the driveway, is 100% paid for. My wife had her teeth made perfect, and got a 4 year degree in Accounting, she has the worlds' best health insurance, and "is living the dream." When Trump won the second time, I could read the writing on the wall and bought another box full of gold and gave it to her. That purchase is currently up 42.65%. She still gets one baht of gold every birthday. I sleep like a baby knowing she has a good start after I pass away. (There is a meaningful age gap between us, as we often see in Thailand.)

Edited May 1May 1 by JustinTyme

Just now, pacovl46 said:

Well, the only real money is gold, silver and real estate. Of course it's a longterm investment. The longer you hold on to it, the more it will be worth. I haven't done this with the Thai Baht, but there's inflation calculators available online, and I compared the buying power of 1000 Deutschmark back in 1990 with the Euro today. So, 1000 DM back then had as much buying power as 1100 Euro today. The initial exchange rate back in 2001 was 1 Euro equals 1.96 DM. If they introduced the Euro today, the exchange rate would be 1 DM equals 1.10 Euro. In other words, the Euro lost 110% of its buying power since it was introduced, while gold and silver increased in value by at least 1600% as of today. An ounce of silver went for about 4.30 dollars back in 2001 and gold went for about 235 dollars. Silver today is at around 72 dollars, while gold sells for about 4550 dollars an ounce. Even if you take just the lowest gold or silver sold for per year over the last 200 years and you connect these dots with a line, it's a steady upwards trajectory.

I'd keep my gold, if I was you, and if also start stacking silver because silver has more potential than gold. The reason being, for 1 ounce of gold you can get at least 50 ounces of silver. If that 1 ounce of gold goes up by a thousand bucks, you'll make a thousand bucks. But if silver goes up by just 20 bucks, the 50 ounces will also net you a thousand bucks. I think it's safe to say that silver will go up by 20 bucks faster than gold will by 1000.

The reason why gold and silver went down considerably since the beginning of the year is because the banks began to massively short-sell silver and gold because there's huge amounts of money to be made with it. The first time they cut it down was in February of this year. They short sold 3 trillion worth if gold, which dropped the price by 17%. 17% of 3 trillion is 520 million bucks. So they made half a billion over night. The paper silver market will eventually have to collapse at some point, and the physical market will take over. In Asia, especially in China and also Thailand, the physical market is the dominant one. Everyine buys physical silver and/or gold. No one buys shares here. So, don't buy shares, buy physical silver and keep stacking that. As long as they can still short-sell it, the price will stay fairly affordable and therefore the more one can buy. Since silver is an industrial metal that's used in solar panels and in the batteries of electric vehicles (amongst a myrriad of other applications) both of which are becoming more and more popular, there will also be an increased demand for silver and most of the silver that comes out of the ground is a byproduct of mining for other things. Once there is a shortage, the price will go up, whether the banksters want it or not.

Either way, no matter at which point you buy precious metals, if you hold on long enough to them, you'll get into the black numbers eventually. In 2012 an ounce of gold went for 35K at its highest point if i remember correctly. After the crisis it went down to just below 19K. But even the people who paid 35000 Baht back during the height of the financial crisis are now getting twice as much of what they've paid for it, minus inflation of course.

Agreed, I would love to invest in silver, but it is just about impossible here since there is no physical silver market.

Just now, cowellandrew said:

My wife says her gold is stored in the wardrobe, for the past 35 years I've not been able to find it! The 🤯😳🤣🤣🤣🤣🤣

Are you saying that (god forbid) ... your wife got really ill, was in a coma, and you desperately needed to pay medical bills, or even worse, she passed away ... you really have no idea where that MONEY is??? Really????????????

Just now, JustinTyme said:

Check in in 20 years, and see if the current price is "too high" Have a great day watching your money in a Thai Bank pay just about ZERO interest! 555!

I started buying gold bullion end of January 2025, and bought more every time some term deposits matured.

Today my return is about 40%, in the bank I would have earned about 2% over the same period.

The price will have to drop a lot before I "lose" compared to what I get in the bank.

Just now, JustinTyme said:

Agreed, I would love to invest in silver, but it is just about impossible here since there is no physical silver market.

You can buy and sell silver bullion in Bangkok, but the spread between buy and sell is about 10%, while with gold the spread is 100 baht per 1 baht gold, if traded at Hua Seng heng. Silver also is subjected to VAT, while gold is tax free.

Silver is also much more volatile, so while it increases in price at a multiple compared to gold, the same accounts when it decreases in price.

Just now, CallumWK said:

You can buy and sell silver bullion in Bangkok, but the spread between buy and sell is about 10%, while with gold the spread is 100 baht per 1 baht gold, if traded at Hua Seng heng. Silver also is subjected to VAT, while gold is tax free.

Silver is also much more volatile, so while it increases in price at a multiple compared to gold, the same accounts when it decreases in price.

Yes, thank you ... I am aware of that, and that is why Silver "breaks all my rules" - it is taxed, the spread is simply absurd, and outside Bangkok, it is nearly impossible to sell. Silver is not "South East Asia Friendly" at all. (I moved to Isaan from BKK 4 years ago and couldn't find a bar of silver if I wanted to) For anyone reading this from a place that DOES make silver trade easy and cost effective ... start stacking by buying the dips, because "you ain't seen nothing yet" for silver. It is an industrial metal that is an intergral factor in the AI / Data Center / build out.

On 4/30/2026 at 1:02 AM, anchadian said:

even at today's price has made a remarkable profit on paper. She calls it her emergency fund.

I've told her, never never sell your gold only if it's a real emergency and she's agreed.

Not just a "profit on paper". It's a real profit and in a commodity that is better than "paper". The profit is realisable anytime she chooses. The real use for holding gold is that it gives security. If thing get real bad, it can be used as currency. A healthy increase in price is also a welcome benefit!

I bought variously at 31K, 44K, 50K, 62K and lastly at 70K. Overall, up 68% on total price paid for my holdings. You're right, "never sell except in emergency". Gotta love gold. Nice to look at and handle too.

On 4/30/2026 at 2:36 AM, ChaiyaTH said:

What you want to say with this? That she is genius? Anything that anyone bought over the past decade or 2 decades only went up, that's the result of money printing lol. And actually it is people like her that are the bag holders, as they think like old peasants, to always hold and never sell.

The money is being made by those who saw this obvious insane 1000 dollar move to 5500-5600 as unsustainable, took profit, and now bought back at 4000 before already. Just see my posts over all years of anything I saw with money, all was truth and happened exactly as i said. Not because i have magic powers, because i understand how the money system works. Few do.

Have been rolling on the floor laughing what nonsense is being written here over the years if it comes to stocks, bitcoin or gold.

To then educate you properly on the 'safe haven' imaginary things peasants believe in, it is false, gold has in modern human history crashed on every crisis and war, it was never a safe haven. It is just a safe asset for super rich to distribute their portfolio wealth.

Same it crashed right again now, with a 50% retrace, wiping out most folks, to then make them sleep when we hit 6K by christmas. But if the war etc persists, which is likely, gold can easily first go down to 3K again too.

Last but not least virtually everyone that is not by default in USD needs to consider the fact they do 2 trades. For example when bitcoin was 110,000 dollars the EURUSD was 1.03-1.05 only. Today Bitcoin is at 76,000 and EURUSD at 1.1689. That means you not only lose on the asset but also on the currency, the same counts when thinking to have made gains.

If you are not as base currency in dollars you always take 2 trades, a currency trade and a asset trade. For most people, to not understand that too, they think they are in profit while effectively they are break-even or at a loss, just due to that aspect alone.

What do peasants do in reality? They think of imaginery WW2 stories where gold was supposed to be the savior, which is false history, and they get greedy so they bought even more when silver and gold peaked recently, to now be in a overall loss. Trapped.

The only argument for gold from this WW2 stories was that if you fled your own country as a jew, you could bring this gold with you at the time, to start over and have some money, that's all there is to it. Its old irrelevant history that was abused for gold marketing purposes by jews who are the main sellers. It makes the peasant believe that the money system is real and fair.

The system broke in 2008, they never fixed it, they just play games ever since. You can't bet on those old logical beliefs. I'm sure soon they will activate one of these 'secret clauses' as Christine Lagarde called it, where countries can print 'as much as they want', after Germany insisted on deciding it for themselves after the Deutsche Bank nearly crashed in Q4 of 2019, after which covid followed, ISTANTLY, which saved the world crisis from starting. Any alarm bells going off yet? I hope they did because we are in Lockdown 2.0 soon. They have hidden clauses to print money and do whatever, they just need to 'invent a crisis or war', is literally what they said.

I agree with the following points:

- Gold went thru severe Bear Markets in the past. (A massive increase of interes rates was the end of any mid-term Gold rally, always).

- Precious metals are valued in US$. In other words, one is also buying the US$ at the same time (home currency risk factor if your home currency is not the US$).

- Gold in a war-like situation: During and after WW2, in Germany, to exchange Gold for food was a bad deal. Gold changed hands below value.

Dollars and cigarettes (Yes, CIGARETTES) were much better mediums of exchange on the black market.

I started this under "Your Thai Wife and her Gold". In the meantime it turned into a "what is the price of Gold going to be in the future".

Fine.

But it leads me to the conclusion, that Farangs do not know much about their financial situation of their wifes (or they do not care much about it). = Physical Gold can become a "hidden asset".

On the other hand, Thai Wifes seem to know quite well how much pension money arrives in Thailand on a monthly basis. They also seem to know how much "floating assets" the Farang has in his home country, to be "divided" eventually among heirs.

How come the Thai Wifes are so well informed concering the assets of the Farang and the Farang knows relatively little about the (hidden) assets of the wife?

The Farang braging about his "wealth" before marriage, I suppose.

Just now, swissie said:

I started this under "Your Thai Wife and her Gold". In the meantime it turned into a "what is the price of Gold going to be in the future".

Fine.

But it leads me to the conclusion, that Farangs do not know much about their financial situation of their wifes (or they do not care much about it). = Physical Gold can become a "hidden asset".

On the other hand, Thai Wifes seem to know quite well how much pension money arrives in Thailand on a monthly basis. They also seem to know how much "floating assets" the Farang has in his home country, to be "divided" eventually among heirs.

How come the Thai Wifes are so well informed concering the assets of the Farang and the Farang knows relatively little about the (hidden) assets of the wife?

The Farang braging about his "wealth" before marriage, I suppose.

In the last 5 days you have started 3 topics, all with the same pattern, foreigners get ripped off by there Thai wife's.

Common Swissie spill the beans about how you got ripped off by your wife.

Just now, CallumWK said:

In the last 5 days you have started 3 topics, all with the same pattern, foreigners get ripped off by there Thai wife's.

Common Swissie spill the beans about how you got ripped off by your wife.

Well observed. I am glad someone is tracking my contributions here. I was always afraid that my contributions here (in an Enghlish Speaking forum) would never matter. Me going by "swissie". Rats!

Back on topic: Why do Thai females know more about the financial circumstances of Farangs as opposed to "hidden assets" of the "Thai Family".

On 4/29/2026 at 10:46 AM, CallumWK said:

We're not FAR away from the highs. In January it was 81.xxx baht as highest ever, and just for 1 day actually, and right now it is 70.230 baht.

In January 2025 it was 41.xxx baht.

Interests will probably increase, but will go down again later in the year, and the uncertainty in the world only get worse, which is positive for gold.

I'm heavily invested in gold, and still don't lose any sleep over the current prices.

Don't you beg agents every year to fix your stay in Thailand and now you talk about gold

48 minutes ago, Celsius said:

Don't you beg agents every year to fix your stay in Thailand and now you talk about gold

In the 32 years of living in Thailand, I have never had the need to use an agent for visa or extension matters.

I think that option is mainly for skint Canadian braggers, who have moved back, because they couldn't afford Thailand any longer.