People would only think whats the point there will be a privy coin then a coin show limited edition then a ........... :lol:Rinchin said:Think of the numi potential. Lets say perth mint starts taking orders for low mintage 2014 blue gold wombat.
People would only think whats the point there will be a privy coin then a coin show limited edition then a ........... :lol:Rinchin said:Think of the numi potential. Lets say perth mint starts taking orders for low mintage 2014 blue gold wombat.
Have you ever not cleaned your knife after fishing, yes it rustsgazzahere said:Rust? Garbage. Does stainless rust?
mmissinglink said:The argument by the "no's" has holes in it.
1. there's no evidence that this gold rusts
2. a massive quantity of gold sold today (in the form of jewelry namely) has some other metal in it, including the extremely popular American Gold Eagles and gold Krugerrands. To be consistent, those who complain that blue gold isn't pure would have to also condemn all that other 'unpure' gold.
3. Plenty of other items that are seen as a store of wealth (such as precious gems) are highly valued in spite of the fact that they can be not pure or imperfect (have inclusions).
There is no intrinsic value in gold, yellow or blue. The value is always derived by its desirability by people who are willing to pay for it......period. If people are willing to buy gold that is not pure, whether blue, white, red, or whatever, then it has value.
Investment grade bullion is .999 so i doubt theres a market for investors. like you say for jewellry sure but investment ......negativePhiber said:For jewelry, sure why not.
For investment, not sure what the goal would be... It's a lump of metal after all.
gazzahere said:There is IMO a very clear case for 'jewellery' in a stackers stack.
If you can wear it - it pretty much cannot be confiscated, end of story.
Also, you see lots of 'jewellery' that has been smuggled out of countries where you can only take limited wealth.
A solid 18ct brooch with say 4 sovs. Roughly welded to it is worth quite a lot of money - easily cashed in at a gold dealer and perfectly secure from legislation.
A dirty big blue gold chain could not be argued by law - it IS jewellery, same as yellow.
It makes zip difference stacking wise besides physical room.
Coloured gold opens up a lot more territory IMO.
Have a great night
Gazza.

Gazza i think you said it all that you agree if retail prices hace been paid . I dont know where you will buy jewellry for spot with a small premium . & hence my take that its not a good investment .gazzahere said:Morning,
Bron has written a lot on this - personally, I think any serious stacker should research this and be across it.
Basically this gives the idea - it is an interpretation from the constitution
"http://www.bullionmark.com.au/gold-silver-confiscation"-
australiahttp://www.bullionmark.com.au/gold-silver-confiscation-australia
Section 47 OK to hold wrought gold. As "wrought" means "made in a skilful or decorative way". I take this section to mean jewellery is exempt. I think this is potentially a significant loophole as those denied bars and coins would create demand for other forms of jewellery that could also be "tradable" that creative jewellers (or a creative Mint) would undoubtedly meet."
IMO your bunging a few 5 oz's together might not cut the mustard, but, there are plenty of 100 plus gram chains around and whether they are yellow or blue doesn't matter a zot - if they are clearly jewellery - they are probably safe.
People say jewellery is not investment grade like bullion. I say that is crap.
I agree if retail prices have been paid and I agree if expensive stones are involved. But if it is basically metal?
Where is the difference?
If you walk into one of our sponsors and the xrf 3 oz. it doesn't matter if it is a mint bar or a chain - you get the same price.
It does, however, make a hell of a difference under not only constitutional law it also makes a difference under present day capital gains tax law.
So there is every reason for stackers to be across this legislation and perhaps rethink their views on jewellery versus bullion and maybe even, heaven forbid - blue gold.
Have a great Saturday all
Gazza