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You cannot buy much with 5 cents these days. I am not sure if they sell lollies for 5 cents like they use to when I was a kid. I say scrap it. It is pretty funny that the US still have the 1 cent penny. Now that is worthless (the face value, not the metal value).

In Australia, only gold, silver, and platinum stamped bullion is GST free. I was looking at Rhodium for the novelty but after figuring out it would cost 10% more because of GST I thought no thanks. There are a few of these "liquid metal" bullion stuff on Ebay. I think it is mostly a scam. I...

Looking forward to it!

Thanks for sharing. Yes, there are alternatives being developed. There is a general trend of replacing critical materials with abundant materials to make them cheap. Some I have heard preform better than platinum as a catalyst. Time will tell though. I have a webpage on the supply and...

On the news recently someone bought a gold bracelet in Perth, Western Australia from Gumtree. The person paid with fake $50 notes. Be careful buying or selling on Gumtree. Plenty of dodgy people to be wary of.

I have heard of plenty of billionaires that have amassed a large paper wealthy and then lose most of it. If I were rich I would put a "decent chunk" in precious metals also and preserve my wealth.

I got a platinum to silver ratio chart here: http://www.ptcalc.com/platinum-to-silver-ratio-history.php Currently sitting at 68.6 ounces of silver for 1 ounce of platinum

They probably don't trust the US paper market

Sounds like government confiscation by stealth

Gold is rare and is difficult to mine/refine. Gold mining stocks are very low at the moment which would imply that gold is relatively "cheap"

http://www.smh.com.au/business/markets/ubs-puts-buy-recommendation-on-gold-stocks-but-newcrest-is-a-sell-20150527-ghaihy.html

Yup, gold-to-silver ratio currently at 74 http://www.ptcalc.com/gold-to-silver-ratio-history.php Industrial metals like silver and platinum have been down relative to gold recently

Haha, very funny!

G'day Rick If you want to see precious metal data in African rand check out the website below. Cheers

Silver's price is back to where it started at in 2015 in USD terms

Agree. "Confidence" is the only thing that gives fiat currencies value. People and politics have conflicting interests. People - Maintain their purchasing power Politics - Deficit spending to buy votes

Investment Performance Comparison Gold, Silver, Platinum available in 8 currencies (USD, CAD, GBP, AUS, EUR, CHF, JPY, ZAR) and over time frames from 1 month to 10 years. http://www.ptcalc.com/precious-metal-investment-performance.php Disclaimer: Past performance does not necessarily predict...

Platinum investment demand has grown from nearly 0% to about 10% of annual production in the space of about 10 years

Yes, makes you think. I thought "platinum" cards are better than "gold" cards. Ha. Platinum (and silver) are industrial metals so are feeling the effects of economic weakness around the World on demand. Gold seems to be holding up pretty well (hence the gold-to-silver and gold-to-platinum are...

I though India lifted the import ban in February 2015: http://articles.economictimes.indiatimes.com/2015-02-18/news/59269071_1_gold-coins-consignment-basis-gold-metal-loans