Ah yes, I've long referred to such people as 'doomsters'CitizenOfTheWorld wrote:If you happen to be one of those 'financial collapse is imminent' types and wanted to buy gold and silver and store it in a safe in your apartment, would that attract undue attention from local authorities or law enforcement? If you are discreet and can keep your mouth shut, would it attract attention of common criminals and burglars? How 'low crime' is Singapore?
Are there a lot of places where one can buy gold/silver coins?
Thanks in advance.
Gold thefts here aren't that common except as a side to the normal and rare house burglaries. If the OP is worried buy the swiss numbered mini ingots and keep a record of the numbers (i.e. take pic with camera phone).JR8 wrote:Ah yes, I've long referred to such people as 'doomsters'CitizenOfTheWorld wrote:If you happen to be one of those 'financial collapse is imminent' types and wanted to buy gold and silver and store it in a safe in your apartment, would that attract undue attention from local authorities or law enforcement? If you are discreet and can keep your mouth shut, would it attract attention of common criminals and burglars? How 'low crime' is Singapore?
Are there a lot of places where one can buy gold/silver coins?
Thanks in advance.
Gold = US$1350/Oz
Duty free concession = S$600 (if out 48+hrs), = US$485
So potential for 1/3rd TrOz a time, as near as matters 10Gms, assuming no other significant DF goods.
I wouldn't distract yourself with silver, it's in many ways just a bulky derivative of gold (though perhaps PNGMK could demonstrate his method for retrieving a 100 Oz ingot ;;)
p.s. you do realise you've just published your plan, together with a traceable (to some people) static ip address ... ?
Well quite, hence the quip. That is the size of a whole/'full' ingot of silver. The equivalent in gold is 400TrOz (c12Kg).sundaymorningstaple wrote:I believe PNGMK said one half an ounce. Not 100 ounces! OUCH! That over 3 kg!
Yes, I can understand that, it makes it very tangible.sundaymorningstaple wrote:There is something immensely satisfying about your last statement on occasion. That and you don't have to wait for Monday morning if the urge should grab you on a quiet Sunday afternoon.
Thanks a lot. I'll pass on that last suggestion, though.PNGMK wrote:There's no law against hoarding Gold in Singapore.
3 options;
1. Buy coins / bars from UOB exchange counters in T2/T3 at Changi. No GST.
2. Buy gold from jewellers (airside) in Changi. No GST.
3. Buy gold here from gold shops - got GST
4. Buy gold from UOB and have them keep it for you... of course that doesn't jibe with most preppers.
for 1 and 2 make sure you're not flying somewhere like India where the gold will be confiscated, you can only buy on departure. I usually buy a 1/2 ounce, swallow and shit it out when I get back.
I'm paranoid, but not THAT paranoid . I'm not exactly building Fort Knox in a 30-50 square meter apartment. I'm not going to have the amounts that would interest those who can track my identity and follow me around the world. But I guess you can't be too careful.JR8 wrote:Ah yes, I've long referred to such people as 'doomsters'CitizenOfTheWorld wrote:If you happen to be one of those 'financial collapse is imminent' types and wanted to buy gold and silver and store it in a safe in your apartment, would that attract undue attention from local authorities or law enforcement? If you are discreet and can keep your mouth shut, would it attract attention of common criminals and burglars? How 'low crime' is Singapore?
Are there a lot of places where one can buy gold/silver coins?
Thanks in advance.
Gold = US$1350/Oz
Duty free concession = S$600 (if out 48+hrs), = US$485
So potential for 1/3rd TrOz a time, as near as matters 10Gms, assuming no other significant DF goods.
I wouldn't distract yourself with silver, it's in many ways just a bulky derivative of gold (though perhaps PNGMK could demonstrate his method for retrieving a 100 Oz ingot ;;)
p.s. you do realise you've just published your plan, together with a traceable (to some people) static ip address ... ?
Canned food, rice, water, sugar/tea/coffee, spices and a spare tank of gas for the stove and an always 1/2 full tank in the car are my basic rules.CitizenOfTheWorld wrote:Thanks a lot. I'll pass on that last suggestion, though.PNGMK wrote:There's no law against hoarding Gold in Singapore.
3 options;
1. Buy coins / bars from UOB exchange counters in T2/T3 at Changi. No GST.
2. Buy gold from jewellers (airside) in Changi. No GST.
3. Buy gold here from gold shops - got GST
4. Buy gold from UOB and have them keep it for you... of course that doesn't jibe with most preppers.
for 1 and 2 make sure you're not flying somewhere like India where the gold will be confiscated, you can only buy on departure. I usually buy a 1/2 ounce, swallow and shit it out when I get back.
My fears are much more mundane than your average prepper. Basically rapacious governments seizing bank accountants and other assets ala Cyprus, or general inflation. Singapore seems to have more financial freedom than most places, but that could change I suppose.
True preppers would be unlikely to move to Singapore. A relatively built up City that is an Island and with minimal arable land and only one road to escape on, which would be quite crowded and at the mercy of the Malaysian government. Also, very few citizens with guns. All in all, Sing is not the place to be when zombie apocalypse happens. So I can't call myself a true prepper.
OTOH, keeping some extra canned food and water on hand in the event of power outage/natural disaster seems like only common sense.
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