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Anyone own physical Gold?

  • #121
  • Edited Jun 19, 2019 2:08pm Jun 18, 2019 5:27pm | Edited Jun 19, 2019 2:08pm
Quoting perma-bull
https://www.metalsmine.com/news/9255...headed-up-says "anyone who doesn't have at least 5% of their wealth in physical gold right now is missing out on the greatest wealth insurance that exists"
Yeah, 10% seems to be the sweet spot, regardless the trend/prediction. Gold is GOLD
Can you afford to take that chance?
  • #122
  • Jun 21, 2019 1:23pm Jun 21, 2019 1:23pm
Quoting NPSystems
{quote} There are those vaults and then there's the 433 Eros vault.


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  • #123
  • Jun 21, 2019 1:23pm Jun 21, 2019 1:23pm
I just purchased two 1 oz Gold American Eagles via APMEX. This is the first bullion I've ever purchased.

Buying through APMEX was pretty straightforward. It's cool that you can pay with bitcoin, but I decided to do a wire transfer as the bitcoin prices are just not worth it. I ordered it last night and it shipped this morning -- pretty quick.
If you have faith in our leaders of commerce, don't buy gold.
  • #124
  • Jun 21, 2019 8:18pm Jun 21, 2019 8:18pm
Quoting 676f6c64
I just purchased two 1 oz Gold American Eagles via APMEX. This is the first bullion I've ever purchased. Buying through APMEX was pretty straightforward. It's cool that you can pay with bitcoin, but I decided to do a wire transfer as the bitcoin prices are just not worth it. I ordered it last night and it shipped this morning -- pretty quick.
Congrats on your first Bullion buy! First of many!
  • #125
  • Jun 22, 2019 4:09am Jun 22, 2019 4:09am
Quoting 676f6c64
I just purchased two 1 oz Gold American Eagles via APMEX. This is the first bullion I've ever purchased. Buying through APMEX was pretty straightforward. It's cool that you can pay with bitcoin, but I decided to do a wire transfer as the bitcoin prices are just not worth it. I ordered it last night and it shipped this morning -- pretty quick.
Nice, now you invested in (physical) gold as well as in the (historic) coin value
Can you afford to take that chance?
  • #126
  • Jun 22, 2019 11:15pm Jun 22, 2019 11:15pm
Quoting NPSystems
{quote} There are those vaults and then there's the 433 Eros vault.
I don’t really understand this story. If you have a massive increase in the amount of gold it would just cease to be precious anymore. We don’t use gold for much of anything.

Are you saying we should sell gold because space exploration will increase the supply and ultimately make it worthless?

Also so this page was from 2008
careful not to step in a pile of it
  • #127
  • Jun 24, 2019 11:55am Jun 24, 2019 11:55am
I just purchased this book 'Stack Silver Get Gold: How To Buy Gold And Silver Bullion Without Getting Ripped Off!' by Hunter Riley III. Anyone read it?

https://www.amazon.com/Stack-Silver-...s%2C136&sr=8-2
If you have faith in our leaders of commerce, don't buy gold.
  • #128
  • Jun 26, 2019 3:34pm Jun 26, 2019 3:34pm
I started reading that book and the author is even crazier than me. He hides some of his gold in his freezer in empty ice cream containers. He also hides some of his gold in hollowed out books on his bookshelf.

Other than that bit the book is pretty good so far.
If you have faith in our leaders of commerce, don't buy gold.
  • #129
  • Jun 27, 2019 6:02pm Jun 27, 2019 6:02pm
Quoting 676f6c64
I started reading that book and the author is even crazier than me. He hides some of his gold in his freezer in empty ice cream containers. He also hides some of his gold in hollowed out books on his bookshelf. Other than that bit the book is pretty good so far.
I think it might be a good idea to hide/use it as some regular equipment (but disguised of course)... like some parts of the house/furniture/car/boat (reference movies: Heist (2001) or of course Goldfinger (1964
Can you afford to take that chance?
  • #130
  • Jun 28, 2019 2:19am Jun 28, 2019 2:19am
Quoting 676f6c64
I just purchased this book 'Stack Silver Get Gold: How To Buy Gold And Silver Bullion Without Getting Ripped Off!' by Hunter Riley III. Anyone read it? https://www.amazon.com/Stack-Silver-...s%2C136&sr=8-2
Excellent book recommendation. Thanks. I just read the contents the book on Amazon and it looks a good one!
  • #131
  • Jun 28, 2019 1:58pm Jun 28, 2019 1:58pm
With the gold/silver ratio being pretty high right now at about 92-1 (although I think it can go even higher), I am selling some of my gold to buy silver which means when the ratio returns to modern day average levels, you will be able to increase your gold stack by a pretty good amount.

here's an article on the basics trade https://www.milesfranklin.com/the-gr...-swap-of-2018/

PS, that book, "Stack Silver Get Gold" is awesome
  • #132
  • Jun 28, 2019 3:21pm Jun 28, 2019 3:21pm
Quoting Hr3
With the gold/silver ratio being pretty high right now at about 92-1 (although I think it can go even higher), I am selling some of my gold to buy silver which means when the ratio returns to modern day average levels, you will be able to increase your gold stack by a pretty good amount. here's an article on the basics trade https://www.milesfranklin.com/the-gr...-swap-of-2018/ PS, that book, "Stack Silver Get Gold" is awesome
Power play!
If you have faith in our leaders of commerce, don't buy gold.
  • #133
  • Jun 28, 2019 6:20pm Jun 28, 2019 6:20pm
Quoting Hr3
With the gold/silver ratio being pretty high right now at about 92-1 (although I think it can go even higher), I am selling some of my gold to buy silver which means when the ratio returns to modern day average levels, you will be able to increase your gold stack by a pretty good amount. here's an article on the basics trade https://www.milesfranklin.com/the-gr...-swap-of-2018/ PS, that book, "Stack Silver Get Gold" is awesome
I’m just buying silver instead of typical gold purchasing for the same reason. It’s definitely the smart play. Silver is used so much more than gold in production too.
careful not to step in a pile of it
  • #134
  • Jul 1, 2019 2:08pm Jul 1, 2019 2:08pm
Quoting bulltrap
{quote} I’m just buying silver instead of typical gold purchasing for the same reason. It’s definitely the smart play. Silver is used so much more than gold in production too.
Not bad Also I believe silver has much lower "bubble" component in the price... Gold is much more hyped...
Some people believe we have it in our DNA or something.. to be attracted to Gold for some reason... I do know know about that but I would not be too surprised if true... What about other precious metals... platinum etc? I remember seeing platinum bullions in the old mission impossible series.. It was quite impressive and somewhat "mind-opening"... to think outside of the (gold) bullion(s) also.
Can you afford to take that chance?
  • #135
  • Jul 2, 2019 12:36pm Jul 2, 2019 12:36pm
Quoting Hr3
PS, that book, "Stack Silver Get Gold" is awesome
That book is the first book I'd recommend to anybody getting involved in buying physicals.

Quoting Hr3
With the gold/silver ratio being pretty high right now at about 92-1 (although I think it can go even higher), I am selling some of my gold to buy silver which means when the ratio returns to modern day average levels, you will be able to increase your gold stack by a pretty good amount. here's an article on the basics trade https://www.milesfranklin.com/the-gr...-swap-of-2018/
Based on that article, it's time to start moving into silver. It is suprising to see the ratio keep going up.
We must learn who is gold, and who is gold plated
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  • #136
  • Jul 2, 2019 7:15pm Jul 2, 2019 7:15pm
I just got back from a quick stay in Zurich. I was surprised to see how frequently I would see a shop advertising sales of gold and silver - it seemed like one on every corner in certain areas. Anyone have personal experience purchasing in Zurich? Mine was just a quick overnight stay before a flight, but it certainly piqued my interest.
  • #137
  • Jul 3, 2019 8:52am Jul 3, 2019 8:52am
Quoting EventsTrader
Based on that article, it's time to start moving into silver. It is suprising to see the ratio keep going up.
Yeah. I too am surprised and I went short on ratio around 90 levels and am holding my short. Will add some more shorts, perhaps closer to 95 if it goes there.
  • #138
  • Jul 3, 2019 2:52pm Jul 3, 2019 2:52pm
I think hong-kong is even more gold casual (in not so few places)... you could buy it almost at market/chart prices...
without any drama.. like buying a bread... no fancy things that are priced-in the service/gold.. just pure
GOLD buying "by the barrel"

Also for EUROPE.... Vienna (AT) is very strong for GOLD...
I can not write everything here but you could google it up why vienna might be one of the best places for GOLD...
It is also a GOLD culture... Some say majority of the citizens know the (daily) gold prices
Can you afford to take that chance?
  • #139
  • Jul 3, 2019 7:28pm Jul 3, 2019 7:28pm
Quoting auricforecas
I think hong-kong is even more gold casual (in not so few places)... you could buy it almost at market/chart prices... without any drama.. like buying a bread... no fancy things that are priced-in the service/gold.. just pure GOLD buying "by the barrel" Also for EUROPE.... Vienna (AT) is very strong for GOLD... I can not write everything here but you could google it up why vienna might be one of the best places for GOLD... It is also a GOLD culture... Some say majority of the citizens know the (daily) gold prices
Interesting! I actually was spending my time in Austria but was out in the mountains. I really enjoyed it. I plan to go back, now for more than one reason!
  • #140
  • Jul 4, 2019 3:33pm Jul 4, 2019 3:33pm
Guys, I do not want to promote anything but this Vienna Philharmonic coin seems to be of good value... Because... it is a legal TENDER! It has EUR VALUE (although much lower than the price in gold - but it is very/legally liquid in case of an extreme emergency - great value!), it is traded VAT FREE! It comes from one of the most respected mines in the world, it is themed by the prestigious Vienna Philharmonic, so it might also have a good collectors/historic value over time... I think this is a MUST at least for an super emergency situation.. to get you out of anywhere safely... and then you have the time/option to sell the bigger chunks of gold... But some of this coins would be a must for me... It does help that I live across the border of AT too But still, even If I didn't... I still think that it is a very food value... For this kind of purpose (super liquidity, beauty, easy to (covertly) store and investment in gold as well as the item (image) itself...

From the link above (amazing):
"The Vienna Philharmonic is currently the only European bullion coin with a face value in euros, although it is only legal tender in Austria. In 2004, the Vienna Philharmonic accounted for 35 to 40% of sales in Europe. It is also popular in Japan and North America."
Can you afford to take that chance?
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