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 Gold Investment Corner V8, All About Gold

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delon85
post Apr 12 2015, 03:15 PM

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QUOTE(icemanfx @ Apr 11 2015, 08:36 PM)
Gold as a medium of exchange is no difference from baseball cards, postage stamps, etc.
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cant strictly compare in that sense.
baseball cards, postage stamps, numismatics, arts have their own niche community who knows how to value the asset.

gold have a bigger community and everybody knows gold is valuable even if you're not in the community.
u throw a very valuable stamp on the floor in a busy walkway in Malaysia. chances are no one knows it is valuable.
delon85
post May 6 2015, 12:13 PM

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QUOTE(robotica @ May 5 2015, 10:23 PM)
are u sure? very sure? or u guess only wink.gif
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Simple test. If you have a PB gold account, you go to their counter and ask if you can take physical gold instead of cash from your gold account. If you cant, and you are only allowed to cash out, it is paper gold.

I'm very sure most of the gold account offered by local banks are paper gold. The gold account where you can withdraw gold, they charge you to withdraw gold and you have waiting days to be able to collect the gold.
delon85
post Jul 1 2015, 12:42 PM

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can kena con by density test?
delon85
post Mar 28 2016, 07:23 PM

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QUOTE(mea05key @ Mar 28 2016, 03:54 PM)
Can I ask why physical bullions are better for long term?
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Gold in hand is always better than paper gold tied to a company.
You wouldn't know if the company holding your gold will shut down.

 

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