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Tell me how it is fraud when within 0.18 seconds you can know the value of the item if they weren't lazy. Seriously 0.18 seconds. As an aside, when i was 12, i sold my parents large copper firewood bin accidentally at a garage sale. No idea what is was worth and sold it for $2. Took a hiding...

Sorry misunderstood if you were referring to ss members specifically. Waste of time really putting in low ball offers as most will have a price they want. Unless they are desperate which they'll probably state indirectly via being willing to sell at or near spot. But yes i don't see an issue...

Yes (assuming of sound mind etc). If I offer you to buy your car for a dollar would you? Probably not. Why, because you think it's worth more. You considered the offer and considered the value of the car and decided against it. I don't see how it is any different. We're all adults (again...

I'd have to agree with RM here. If you're just offering to buy something from someone it's up to them to choose whether or not to sell. I don't think price matters. I take your point on people with specific disabilities, but if they person is fully functioning and capable of googling how much a...

Thanks guys, i think you misunderstand my question. My question is if I have $1k i could put it in the bank or buy gold/silver. If i buy in my own name, I forgoe the interest on the 1K and save paying tax in the interest (at a rate presumably greater than 15%). If i buy in an SMSF, i forgoe...

Specifically, i know there is a good thread on JPM, however where is a good summary of the history of their involvement in the market.? Thanks guys

Hi guys - aside from RDPD, any other specific items worth reading? I've come at it more from an overall economic point of view, and have only just recently begun devling into research on PM's etc. Sadly, it's hard to get reliable information on supply and demand dynamics, from a balanced...

Hi - assuming one is looking to invest in bullion, and is of working age, paying above 15% tax, why would one buy bullion in an SMSF, when presumably you would save more from buying out of super (though tax on interest for example if in TD etc).

Yes i agree. The $42 is just the price they've paid for their gold.

On a silver forum? Surely you jest? :-)

Thanks 1for1. I take the point you and others make re that production is fixed, so to produce 1oz it is the same. I guess the reason silver premium is higher is because of the lower sale price, which means you have "more" costs to allocate relative to gold. Unless someone convinces me...

I mean low ratio

Yeah i noticed the face value thing. WHat are the others with a high ratio. today the coins from the PM look to be 1/100?

Is that your listing hiho? Seems cheap.

I don't agree, unless the lower pricing of silver allows you to get a volume discount which results in a lower premium relative to gold. That's the whole point of doing it in % terms, because if you spend an equivalent amount, you'll end up paying a higher premium for the silver in $ terms as...

Interesting point, is that the typical way to think about premiums? I would've thought you'd want to limit the premium in % terms over spot regardless of $ value?

Trying to understand what you'd want to melt down?

Hello, This is probably a question that has been asked numerous times, so apologies and if you can point me to the thread that'd be great. When you look at the Perth Mint pricing of gold vs silver coins, the premiums on the gold are about 5%, whereas the premiums on the silver ones are closer...