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  1. Dale

    Precious metal backed loans?

    Thank you for all your responses I really appreciate all of them, thank you :)
  2. Dale

    Precious metal backed loans?

    Going to give this a little bump. Appreciate the responses so far! Still looking, might just simplify what I am looking for. Surely someone out there that this suits :) I give someone 50-100k of silver as collateral and they lend me that amount of cash for 12 months. After 12 months I retrieve...
  3. Dale

    Precious metal backed loans?

    Hi Stackers, hope you are all doing well! Bit of a random question regarding a loan. Short background , I have a vacant block of land in Vic thats been valued at around $350k (99k mortgage), which I would like to build on. (would like it to generate some income rather than sitting vacant). I...
  4. Dale

    Question regarding cgt

    Thats a great idea I will have to look into the cost
  5. Dale

    Question regarding cgt

    Thank you all for your responses I appreciate you taking the time to reply.
  6. Dale

    Question regarding cgt

    Hi all, Do i pay CGT if i trade say a 1kg gold bar that is 20k up on purchase price for smaller gold / some silver? I should have bought in 1oz lots originally my mistake, am I stuck in having to pay CGT whether selling or trading for smaller lots? Cheers
  7. Dale

    All Time High AUD Price

    What just happened? My websites are showing $1900.18 AUD?? AUD tanked
  8. Dale

    All Time High AUD Price

    1841.40/oz :D Aussie dollar getting smoked! 1kg Bar just hit $60k
  9. Dale

    Advice: selling monster box. Silver.

    I'd pay you spot for them :)
  10. Dale

    Gold AUD$1,800. Merry Christmas!

    Fingers crossed the rout in stocks continues, we see the Aussie dollar get smashed and gold go up. Merry Xmas!
  11. Dale

    Oz Economy : Bulls and Bears

    For sure, but won't that just exacerbate the cost of imported goods thus increasing the cost of living for the average Australian? I understand it will support local manufacturers who will sell more domestically and overseas, as well as tourism would flourish. But wouldn't it just mean really...
  12. Dale

    Oz Economy : Bulls and Bears

    US just hiked rates and are pencilling in another 2 for the year. Surely we can't hold rates while they are soaring overseas?
  13. Dale

    Oz Economy : Bulls and Bears

    I am of the belief that we will have a recession within the next 12 months. I can't see how falling house prices, combined with a falling aussie dollar is going to help anyone. It's going to mean more expensive imports, on the other hand RBA raises rates house prices could fall further but our...
  14. Dale

    Gloom and Doom for Oz Thread

    Mortgage stress is spiking while credit growth is still slightly chugging along. Problem is wage growth is at historic lows, as well as savings (if i recall savings are close 2008 gfc levels). A lot of the spending in our economy is coming from home equity. First home buyers are increasingly...
  15. Dale

    Gloom and Doom for Oz Thread

    I agree Miksture, I think we are on the brink of a big deflation in house prices 20-30% and a recession, not sure which will come first but I don't think roaring exports will save us.
  16. Dale

    Gloom and Doom for Oz Thread

    I thought this was quite interesting. 4 weeks ago ANZ: "Australia's housing slowdown is almost over with prices set to rise again" Yesterday ANZ: "Fall in house prices is 'quite a bit larger' than expected"...
  17. Dale

    Silver Going Bunta!

    What a beautiful sight! 17.24 and looking bullish as hell.
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