Its going to rain gold and silver.

M

Miss Silver

New Member
It's not long now till the day of the dragon, my husband and I will be buying our limit of dragons and our first 10oz gold bar.

I know I'm getting excited and cannot wait.
 
Miss Silver

I would have gone for smaller cast gold bars than a 10 oz or gone for the 1 0z dragons but I suppose if your plan is to hold and sell back to the Perth Mint direct then that is OK.
I think a 10 oz would be more difficult to sell privately though.

Anyway, good luck at the Mint - I will be trying online and if the gold price is down I will be getting a couple of one ounce gold dragons, just have to see what the price is going to be. Looking lower today which is good.
 
ok, so nobody has the foggiest idea as to what a 1 ounce dragon would cost?

is that code for

price = spot + f..big margin ??

lol - if thats the case, they can stick em
 
Yippe-Ki-Ya said:
ok, so nobody has the foggiest idea as to what a 1 ounce dragon would cost?

is that code for

price = spot + f..big margin ??
Click to expand...

Around $50 +/- $3 on today's prices is expected.
 
Personally I wouldnt buy a 10 oz bar, because if gold does goto $3000 and you want/need to sell it for whatever reason, not many people will have 30 grand at hand to buy it, unless you sell it back to the mint but then you will pay capital gains tax and there will be a paper trail to prove it

For instance if you had 10 x 1 oz bars you could sell one if you were in a pinch financially etc

Im sure you would have thought of this before such a big purchase but in case you didnt its something to take into account for liquidity purposes
 
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