Good critetia... perhaps LBMA too.

Some of my recent hunts of Gold Panda before the hike of spot price:
2016 3g 99.9% gold.

This post has been edited by XtraLeoGecko: Sep 5 2017, 11:43 PM


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2015 1/20oz Gold Panda 99.9% gold


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2014 1/10oz Gold Panda 99.9% gold.



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Going to hunt some 1g 2016 Gold Panda in Original Mint Packing..... welcome to join me.

Try me on physical gold & silver - semi-numismatic items. 😀😎

I think should b divided by SELL rate coz that would b the value we bought assume that we sell immediately after bought. Right?

Maintain a portfolio of xx% in low premium gold + yy% in semi-numismatic physical gold, according to ur individual condition.

Buy semi-numismatic physical gold. Appreciate across time horizon. Buy with higher premium but selling at higher premium too.

It won't drop directly to spot price but will hike with spot price too.

Exit plan? Go to ebay and sell to the international collectors market.

This post has been edited by XtraLeoGecko: Sep 7 2017, 08:16 AM

China Panda 2016 & 2017 fractional gold 1g / 3g / 8g. Interested?
Original Mint Packing.

Sold majority of my PG GAP yesterday night - convert to bulk value buy of 1/10oz PROOF gold coin 2010 Lunar Tiger by Royal Australian Mint with collaboration with China Gold Corporation, mintage 10k pcs. 😎😎😎
Got COA but without box - who cares? Send for grading then. Price like China Panda - dirt cheap for Proof coin.


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Paper vs Physical... both having its own advantages / disadvantages. Both r just tools.

Most importantly is knowing your PURPOSE!!! Then utilize the right TOOL(S).

Then no need to bother about arguments which r better.

Well, my little tiny two oz of opinions. Cheers!

How about a GROUP BUY for Nadir 1g 99.99%, LBMA accredited? Will do this on long term basis.

Price subject to spot price in Ringgit. READY stock. A small deposit needed to participate.
Do let me know if you are interested to join this group buy.

Nadir Refinery was accredited by London Bullion Market Association (LBMA) in 2011.

This distinctive 1 gram pure gold bar is packaged in a blister card that individually serializes each bar for added security and authenticity.

The price is CHEAPER than this Singapore website in photo.
Just premium of RM10-20 (depends ur qty) above Publicgold GAP price (easier to use this as reference in ringgit).

This post has been edited by XtraLeoGecko: Mar 8 2018, 09:43 AM


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Group buy would get a price of PublicGold"s GAP price + RM10-20/pc. Depending on ur qty.

Hehe.... 1g or 10g or 1oz or 100g, which is better?
U got to b in the trade long enough only u know which is the best!!!

I will always not buying anything > 1/2oz, and always prefer to bet on 1g.

Why? Pm me and i shall share u the trade secrets. Cheers!

I am talking about 1g generic bars.

Think again.
What is actually premium over a small grammage vs a bigger grammage gold bar?

If we shop in wet markets / super market, we will know there is always a premium price we got to pay on smaller qty vs a bigger qty... 1 fish vs 10 fish, 10 apples vs 30 apples. BUT, is everyone buying 10 fish n 30 apples, aren't these bigger qty suppose to b cheaper? Why are we paying the extra premium to buy 1 fish instead of 10 fish????

Now, back to gold bars. Let's take current snapshot of BSM retail price now:
Spot price = RM167/g
Pamp 1g (loose) = RM209 (25% premium over spot)
Pamp 25×1g, total 25g = RM5063/25 = RM202/g (21% premium over spot).


Looks stupid to pay 209/g VS 202/g if a person is to buy a pc of pamp 1g? But if his budget is only 1000, he could only buy 5x1g. He can't afford to buy the 25g gold bar.

Time to sell -- (not talking Arrahnu or similar channels), the person whom has bought the 5pcs of 1g gold bar, selling to another friends. Assume the spot has increased by 50%:

Assume he is selling at market price (assume BSM is out of stocks), he is selling at website price of BSM. So, it would be 167 + 50% spot increase + 25% premium over spot = RM 313/g. He would get back the earlier 25% premium he paid (due to its small size). By that time, BSM would price the 25g at RM7577. Again, higher price range with less affordable to many.

So, as long a person don't pawn the small size gold bars, he should always get back the earlier premium he has paid. Most importantly, less people can afford to purchase big gold bars due to budget constrain.

Above r hypothetical scenario. I had actualy seen many people whom has bought big sizes heavy metals (gold or silver) 1oz gold / 50g gold / 100g gold / 1kg gold / 1kg silver / 100 oz silver ----- face difficulty to liquidate n often being pressed to sell at spot price or lower (loose all premium paid earlier). However, many whom mainly played small sizes, had managed to sell easier n faster and earn back the earlier premium paid too.

Well, these r what i think n what i experienced in real life in my trade of physical silver & gold within my network in Malaysia & Singapore. Perhaps some of you r having totally different network whom r filthy rich and always able to buy big sizes precious metals. Then, this might not work in ur favour.

Cheers!

This post has been edited by XtraLeoGecko: Mar 12 2018, 11:48 AM


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Similar logic, if bigger bars alone make better sense, why are there demands internationally which causing world famous mints innovate & rennovate with technology n producing more & more high security multigram products.

Well, i am always welcoming any constructive discussion on precious metals investments. However, if people like to F here & F there demonstrating his personal state of minds, then enjoy urself.

Keep stacking... meaningfully! Cheers!

This post has been edited by XtraLeoGecko: Mar 12 2018, 02:24 PM

Key points:
Buy high premium over spot and sell at high premium over spot for small sizes generic precious metals bars. Buy low premium over spot n sell low premium over spot on bigger sizes precious metals bars.

U don't loss over the premium as long u don't pawn it.

Simple, straight forward and always the case in every where n every time (well, desperate sales is different story).

To b very frank, you are wrong on second hand 1g gold bar trades. It is actively traded all times within groups / network of small times gold players & investors. Their budget is small but the numbers of members in groups are big.

Not only 1g, 0.5g gold bars are actively traded too.
If anyone think these 1g gold bar are being traded near or below spot, then am sorry to say this assumption is very wrong again from reality. Many ready buyers would JUMP onto u if u r selling even at Public Gold GAP's price for Pamp multigram or RCM multigram.

Nevertheless, looks like a good discussion now.... Cheers!

Read my earlier post on the on-going Group Buy Nadir 1g LBMB 99.99% certicard. Enjoy ur math.
Maths never lies, but wrong assumptions or wrong perceptions or lack of knowledge on actual trades are fatal in deriving the wrong formulas.

Perhaps it still won't help if the fundamental of feasibility for small size bars is able to buy at high premium and sell at high premium not being understood.

The actual trades proven the small sizes does work not only for me but to many-many of individual gold traders even long long time ago.