Which bullion is better to invest ?

Discussion in 'Gold' started by masmas, Aug 20, 2016.

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  1. Silver_Dealar

    Silver_Dealar Member

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    Paint em black and use as door stoppers :) btw i would go with the PAMP or the Perth Mint, because in my eyes physical is best. In this case, i don't think the price difference is big enough so go with whichever one takes your fancy; both are very liquid ( PAMP probably more liquid)
     
    Silver_Dealar, Aug 23, 2016
    #21
  2. SilverDJ

    SilverDJ Well-Known Member

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    SilverDJ, Aug 23, 2016
    #22
  3. r1lee

    r1lee New Member

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    Just to correct you here. Once you own physical gold or silver, there is no govt backed anything. Unlike money, where the govt backs the fiat currency on the promise that it's worth something to you or the person collecting the fiat. Gold has no counterparty risk, meaning it is money in its purest forum and the govt doesn't have to back it to say this is what's it's worth.
     
    r1lee, Aug 23, 2016
    #23
  4. SilverDJ

    SilverDJ Well-Known Member

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    Yes it is, the gold in their possestion owned by you is government guaranteed, read the link I posted:
    https://www.perthmint.com/storage/help/faq-government-guarantee.html

     
    SilverDJ, Aug 23, 2016
    #24
  5. r1lee

    r1lee New Member

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    that is storage, ah now i know what you mean.
     
    r1lee, Aug 23, 2016
    #25
  6. masmas

    masmas New Member

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    Is anyone buying Gold this week before the FOMC meeting and US election debates ?
     
    masmas, Sep 18, 2016
    #26
  7. Old Codger

    Old Codger Active Member Silver Stacker

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    My chickens entrails reading says keep the money in my pocket!

    OC
     
    Old Codger, Sep 18, 2016
    #27
  8. masmas

    masmas New Member

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    Ah I see, so why does your chicken :eek: recommends you to hold off ?
     
    masmas, Sep 19, 2016
    #28
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