physical is always the best, since u have it in your own hands.
BUT, when the time comes and u need to sell it, can u do it as easily as selling paper gold back to the bank?
this is one main point for you to consider. if selling back the bars won't be a problem, then u better keep physical than paper.

Another point, where to keep it safe without being stolen...

Nice info. But just wonder if we sale these so called Bullion(Just know this word) in the gold smith, does that means we surely loose the money since the actual gold price is lower than this Bullion?

Am I correct??

If Jacobs refers to himself as Chart Prophet, I wonder which charts he's looking at?

Eric Sprott would be backing up the truck when it hits $700, and so would I.

$700 gold may happen, and that's where it tests the investors stomach for volatility. See Rick Rule's article - Why I'm Excited About This Market, particularly his first paragraph.

If Jacob's is just waiting for that to happen and then to profit from it (like he's timing the market) - happy waiting...

Incidentally, is he a billionaire since he's a Chart Prophet?

Singapore's UOB Bank already offer Silver Investment Account.
Not sure when this product will be introduced here.

http://www.uob.com.sg/personal/investments...ous_metals.html

UOB SG gold and silver investment account fee
Fees
For Gold Savings Account: An annual administrative fee (in grams of gold) as low as 0.12 gram per month or 0.25% per annum on the highest balance per month, whichever is higher. The fee is subject to GST, which will be deducted from your account in grams of gold.

An administrative charge of S$30 for the closure of the account within six months. The fee is subject to GST.

For Silver Savings Account: An annual administrative fee (in ounces of silver) as low as 0.2 ounce per month or 0.375% per annum on the highest balance per month, whichever is higher. The fee is subject to GST, which will be deducted from your account in ounces of silver.

An administrative charge of S$30 for the closure of the account within six months. The fee is subject to GST.
Check our indicative gold and silver prices

Nice LONgggggg READ

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GOLD (print this)

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED


*MAJOR TWO down from $1,015 to $699
(a decline of 31% Fibonacci)
= FINISHED


* MAJOR THREE up from $700 to $4,500
(a Fibonacci 6 ½ times the $700 low prior)
with two 13% minor corrections
= IN PROGRESS NOW! Maybe HIGHER!


* MAJOR FOUR down from $4,500 to $3,200
( a 29% decline)
= LATER


*MAJOR FIVE up from $3,200 to $12,800
(also a four fold increase, same as ONE)
= SUPER LATER