i've been hoarding bullion for more than 10 years (more than 15 i think?) - back then there were no freeport/swiss precious metals or other specialist IPM storage companies and GST of 3% was still payable...Fagoula wrote:I am Knew on this forum and not sure to ask in the right topic. Anyway, I want to buy some gold and i heard about a storage solution in Singapore.
http://www.goldsingapore.com/storage/
And more especially a "Freeport" which should be serious ?
http://www.singaporefreeport.com/
Does anyone know and use this kind of services ?
why lowest tier?taxico wrote: for some ridiculous reason i prefer having a box that is on the lowest tier - if you have a specific requirement you need to ask and see if the centre can make it happen for you.
It's a four year old post, Missy.missyqiqi wrote:why lowest tier?taxico wrote: for some ridiculous reason i prefer having a box that is on the lowest tier - if you have a specific requirement you need to ask and see if the centre can make it happen for you.
oh right.Strong Eagle wrote: It's a four year old post, Missy.
i bought silver coins and silver bars from this lady boss.missyqiqi wrote:oh right.Strong Eagle wrote: It's a four year old post, Missy.
anyone bought silver? i read just today that silver is very low now...
i am more on buying silver on paper, not the physical silver as I do not have a safe place at home to keep
thanks for your sharing.. well i don't have a $10m portfolio. nurse jobs don't pay that well.archcherub wrote: i bought silver coins and silver bars from this lady boss.
whether paper silver or physical silver, my advice is... do not. unless u really have a large portfolio and u really need to diversify into some metals.
why? my opinion is that metals does not do anything. it is not productive and does not pay dividends. you are better off with your stocks divsified into lower risk stocks, or bonds, or hold cash (that be used).
gold is welcome by people as it is shiny. silver, not really useful as jewellery, it is so much cheaper though.
i bought silver bullion as the price was very low too, but i regret.. it is sitting down now doing nothing. to be fair, if u want to diversify out of stocks, then maybe its good. but i say most of us common folks with portfolio less than $10m, don't bother?
just my own opinions
In the last recession ("The Great Recession," Bush's recession), gold dropped along with everything else. So much for being a recession hedge.missyqiqi wrote:but i thought of buying because well.. its been 10 yrs since 2008. overdue for a stock market correction and I thought silver and gold will really do well in a correction?
i was pondering between silver and gold, but feel silver is cheaper and lower base means easier to have a % gain?
i am not very good in investment lol
so both precious metals not very good to hedge?maneo wrote:In the last recession ("The Great Recession," Bush's recession), gold dropped along with everything else. So much for being a recession hedge.missyqiqi wrote:but i thought of buying because well.. its been 10 yrs since 2008. overdue for a stock market correction and I thought silver and gold will really do well in a correction?
i was pondering between silver and gold, but feel silver is cheaper and lower base means easier to have a % gain?
i am not very good in investment lol
Starting from a lower price does not mean you will get a larger % gain.
The % gain depends on fundamental factors & market forces.
Silver does have industrial uses, which provides an extra price influencing factor over gold.
However, there is no long term bias either up or down for any of the metals or other commodities.
Without an in depth fundamental knowledge, it's all just speculation, a fancy word for gambling.
No.shibarve wrote:Is this thread is about sharing forecast of the Gold price?
Users browsing this forum: No registered users and 6 guests