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Posted

You won't find palladium dealing in Thailand apart from on the net.they only know 22ct and you'll never make nothing after exchange in it.best thing is invest in a ladybar and kiss goodbye to it

Posted

I got 3 kg of 99.999 of gold for £70,000 last sept and sold it for £85,000.youll never do that and nor will I.theres no true investments out there at the moment.china has <deleted> Things up.

Posted

Ask yourself....who wants paladium? Who wants a pataya condo who wants a sececond hole.its not rocket stuff.

who wants to drink piss all day ? I do .... and many others !

Posted

I have concluded that selling Palladum bars would be too difficult to gold bars is the best option. I have a house paid off here (in my Thai wife;s name - been with her 20 years). So I have 8 million baht in a pension paying out and I need an investment. I have no interest in opening a bar or getting involved in business.

The paper money markets scare me so I am looking at gold or silver. I'd love to get into platinum but there is no trade in that in Thailand either.

Posted

what would scare me worse is people in thailand knowing you have physical assets of that value that can be relocated with or without your approval. you wouldnt be the only one to know you had it and within an hour the whole neighborhood would know TiT.

Posted

I agree with that.stick it in bkk bank 1.65% fixed interest for six months and tax free but you can't withdraw for the six months.its not much considering Thai inflation I think I read was 4.5.wouldnt know about these offshore 6.5% that pops up here and there on my browser.you can buy and sell on bullionvault.com and they store it but there's all sorts of fees and you have to make a few % before you would start to see any profit. a kilo 99.999% gold is the size of a iPhone-ish.

Posted

They do not deal in palladium, but try the Vancouver Bullion and Currency Exchange (www.vbce.ca). They deal in gold, silver and platinum. They also deliver the actual coins/bars internationally. They do not deal in certificates.

They also offer competitive fx rates (typically better than the chartered Cdn banks), so you can buy your bullion with almost any major currency without having to change to CAD (they will calculate the price of the bullion in your chosen currency).

Hope that info is helpful. Good luck with your investments.

Posted

Where can I buy Palladium Canadian Maple leaf 1 oz in Hong Kong? Another problem is bringig my cash there to buy the quantity I want. And what % to they charge on sales? Are they easy to sell back to the dealer?

I am thinking it might be better to just buy gold bars in Thailand. But Palladium, for those who know the market, is a much wiser investment going forward.

Posted

They do not deal in palladium, but try the Vancouver Bullion and Currency Exchange (www.vbce.ca). They deal in gold, silver and platinum. They also deliver the actual coins/bars internationally. They do not deal in certificates.

They also offer competitive fx rates (typically better than the chartered Cdn banks), so you can buy your bullion with almost any major currency without having to change to CAD (they will calculate the price of the bullion in your chosen currency).

Hope that info is helpful. Good luck with your investments.

DO NOT ship any bullion either legal tender coins or bars to Thailand, as Thai customs will demand heavy duty on it even when they are not meant to. They held 500 oz of my silver hostage for 3 days and it took me threatening to have the Bank of Thailand get involved before they released it to us. This, after we had high value import specialist from Brinks and G4S verify with them that no duty or tax would be charged on legal tender coins. They said one thing, then did the opposite once they had the shipment. They are the most corrupt organization in Thailand, and no high profile law firms in BKK even wanted to touch the case. You have been warned....

Excellent info! Thanks.

Posted

i admire investors who "know" a market with these kind of fluctuations whistling.gif

attachicon.gifPalladium.jpg

What a useless post. EVERY market has fluctuations!! And NO ONE knows what the future holds. My personal opinion is that in the future the prices for palladium will increase. You opinions may differ, and THATS what makes a market.

totally useless is your comment as it does not refer like mine to "know the market". my opinion on Palladium is that nobody can "know" the market of a commodity that fluctuated pricewise up to 1,000% during the last four decades in US-Dollar terms and much more in other (even major) currencies.

another opinion of mine is that Palladium is a commodity for gamblers, not investors. of course that does not rule out big profits but it can also mean big losses within a rather short period as the chart demonstrates.

Posted

i didn't mock anybody but presented facts. moreover, i am not inclined to waste my time discussing a "30 years investment horizon".

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