I think Robert Kiyosaki best summed it up when he said that the world's derivatives, credit default swaps/options, bond markets and so forth as being like 100 of the world's most prominent financial experts and politicians all sitting around a massive table, and then when the bell rings everyone...
I prefer the fat pigeon that is the 2010 coin, kinda cute :) (and not just because it had a 300k mintage, though at the time when I bought them I didn't know that).
The feet/talons on the 2011 coin look a bit odd IMO
$8855 / 5 = $1771/oz which is spot price atm. I think that's a very good deal IMO; the 5oz bar I got for my parents not-so-long-ago I ended up paying $40/oz above spot (ie. retail price) so I'd jump at any chance to get it at spot
Okay so I was off the mark :P
Pretty dubious to suggest that "...it'll increase in value as the price of silver escalates" when it contains no silver D:
I think that the minimum amount you can buy is $500 initially, but once you've made that first purchase then you can purchase lower amounts of shares than that; that goes for all trading platforms.
I don't think you've really made a mistake with buying kooks. The kookas have a limited mintage of 500,000 1oz coins so there is a small premium on them when compared to the koalas, ASEs and Maples which are all unlimited.
Last year at a friend's seudo-wedding celebration I gave a 1oz 2010 Kookaburra as a gift, just the bullion coin in its plastic capsule and not in a box or anything (I was a bit cash-strapped at the time). Just want to give something a bit more precious than a gift voucher or toaster
They're not...
I managed to get my father on board pretty quickly, and last month with the US downgrade my older brother jumped onboard too. My younger brother is open to stacking but not enough yet to take the plunge
Also got another friend who so happened to feel prompted to get into gold about 2-3mths ago...
I'm doing my Adv. Dip in Financial Planning atm (looking at completing a Ba.Commerce next year) and this sort of pathetic blind-leading-the-blind thinking is what I am trying to avoid when I eventually enter the financial services industry. None of them even mentioned QE1 or 2, or that central...
Not at all surprised by the 'expert' responses of these four financial advisors about gold:
http://www.news.com.au/money/generations/should-you-join-the-gold-party/story-fn7ki9pl-1226129457485?newscomautrack=news-newsfeed-6
You'd think that the PM would offer it for sale on perthmintbullion.com.au but it isn't there :| both Bullion Bourse and Gold Stackers sell the 1oz Platypus on their respective websites, not sure if there's anything closer in Brisbane or Qld - maybe try Ainslie Bullion?
They forgot to mention Chinese banks selling silver coins in retail branches since 2006. Also that China needs all the silver it can get for its (future) solar energy projects