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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Robin Plunder who wrote (100049)	4/17/2013 9:04:15 AM
From: KyrosL	Read Replies (2) \| Respond to of 219419

I agree that having 5% or so of portfolio in physical PMs is not a bad idea. If you don't, I think right now is a good time to get some, and silver is probably a better deal than gold.

To: Robin Plunder who wrote (100049)	4/17/2013 9:14:11 AM
From: TobagoJack	Respond to of 219419

We save souls one at a time. On Apr 17, 2013, at 6:22 PM, R wrote: J, Quick feedback/questions - we plan to start modest, with HK$1M or so. Will look into LBMA tonight. I've been buying American eagle gold coins on an irregular basis trying to collect several from each year they were produced. I love their design, the high relief ones are just gorgeous. (Too late for the warning on gold fever, I think staring at them contributed to my near-sightedness). Can we buy gold from you/your mine (wow, you literally "have a gold mine"!)? For platinum, which banks would you recommend that we get them from? These will be bars, right? If I need to speak to you, what would be the best time (don't tell me 4am...). Thanks again! Best, R ------Original Message------ To: J Subject: Re: question about gold/precious metals Sent: Apr 17, 2013 8:52 AM Thank you so much, J. This is like a course in investment! I will digest this and come back to you with questions. Thanks! R ------Original Message------ From: J To: R Subject: Re: question about gold/precious metals Sent: Apr 17, 2013 6:27 AM Question 1 - Is it better to buy gold bars or gold coins? The answer depends on (i) % of NAV allocation, (ii) total quantity / amount to be held,(iii) intent re eventual disposition / estate planning, and (iv) storage location vs where owner spends most of time. ...(i) The premium of purchase cost over spot gold quotation can be less than 1% for kilo bars as opposed to 2-3% for troy ounce wafers and 3-5% for troy ounce coins. Part of the premium on purchasing the coins is actually re-captured when one sells the coins. (ii) The higher the (one-time / several-times) % of NAV allocation to gold, and so the more quantity (troy ounces) and money amounts to be bought and held at each buy point, the more sensible it would be to buy and hold LBMA (London Bullion Market Association) Good Delivery kilo bars as opposed to coins and wafers minted in troy ounce mass. I am assuming that the buyer had not been regularly accumulating physical gold over the past decade or more on regular ‘mineralized savings’ basis, as a regular buy-program may involve a few coins at frequent & regular times over a long elapsed time. (iii) If the buyer intends the gold to be ‘emergency’ money then coins are more suitable as they can be unloaded one at a time (i.e. actually selling back the gold is clearly expected). If the buyer means the gold to be ‘Deep-keep Treasury wealth / sleeping capital / monetary zero-state reset’, then bars are better to meet the purpose (i.e. the gold is actually meant to hopefully never be sold but simply passed on to others as very big gifts). (iv) If the owner intends from the get-go to be away from location of storage most of the time, and eventually may turn the gold over to a financial institution / private bank to keep custody, then LBMA Good Delivery bars are a must. Q2 - If I buy gold coins, would Maple Leaf a good choice? Are there other better choices? Where would be the best places in HK to buy gold coins? (i) Buy Australian Nugget coins ...

To: Robin Plunder who wrote (100049)	4/17/2013 10:25:33 AM
From: dvdw©	Read Replies (1) \| Respond to of 219419

You say "maybe this decline in gold is similar to 2008: " There are wide ranges of probability...one of which no one seems to have mentioned, yet this very thread reported about the potential for tungsten bars being used to meet delivery. Another opinion might add that if you were a victim of such, the best way to distribute said inventory is in a massive selloff where the good and bad inventory can be mixed/ distributed to the network without blowing any horns or involving embarrassing facts that You may have made a bad investment..... Probability waves are broad and contain variables that are often out of sight but not out of mind.