Search results

  1. P

    Bail-in legislation coming to Australia?

    I think their gold is effectively now outside their SMSF as in they're not saying how much they have or where it is stored. They are expecting the entire financial system to go belly up and are convinced whatever you don't physically hold you will lose. Can't say I blame them but the ATO is...
  2. P

    Bail-in legislation coming to Australia?

    A mate of mine has a friend who pulled money out of their SMSF to buy gold and is now involved in a legal fight with the ATO. Don't know any more details but I'll ask.
  3. P

    Bail-in legislation coming to Australia?

    If the entire banking system collapses versus a bank (or two) then deposit insurance is probably a moot point. AIG wrote so many credit default swaps that when the 2008 GFC hit they couldn't cover them all and AIG needed bailing out. And don't forget that Goldman Sachs got a deal that saw them...
  4. P

    Bail-in legislation coming to Australia?

    So will the Governments bank deposit insurance scheme that covers deposits up to a maximum of $250,000 be honoured in the event of a major bank failure? The reality is such a scheme is designed to give depositors the impression their money is safe in the event of a possible future bank failure...
  5. P

    What's in the box?

    Seeing we're on a military theme how about a Dwight D. Eisenhower "Military Industrial Complex" commemorative coin? https://www.youtube.com/watch?v=8y06NSBBRtY
  6. P

    What's in the box?

    AUSTRALIAN AMERICAN MEMORIAL 1/2OZ SILVER BULLION COIN (250OZ) I checked your website :)
  7. P

    Looking at making a purchase..... help please :)

    Large bars 1kg, 100oz, 1000oz etc, while much lower in premium (closer to spot) will be harder to move if you need a quick sale except maybe back to dealers who will tend to give less than spot. Personally I would suggest seeking out 10oz bars as close to spot as you can find. As far as coins...
  8. P

    Can cash crash.

    Can cash crash?...
Back
Top