Search found 12 matches

by StdDeviant
Wed Mar 15, 2017 4:19 pm
Forum: Gold
Topic: Gold dealers?
Replies: 12
Views: 4480

Re: Gold dealers?

I wonder, what has happened with Tulving?  I have always been satisfied with prior orders. I have seen complaints in the past, but delayed, uncertain delivery is a problem that I would pay a little more to avoid. http://golddealerreviews.com/tulving IMPORTANT NOTICE REGARDING THE CLOSURE OF THE TUL...
by StdDeviant
Wed Mar 15, 2017 3:31 pm
Forum: Gold
Topic: Any downside to bars?
Replies: 70
Views: 10669

Re: Any downside to bars?

One downside to gold coins in a SHTF world is, most people are completely ignorant about gold. The coins have a face value of $50 and that's probably what you would be offered for it. Someone said to me the other day, "How much is gold worth these days, like, $200?" They had no idea what the going ...
by StdDeviant
Wed Mar 15, 2017 3:29 pm
Forum: Gold
Topic: Physical Fractional vs. Full oz. Gold
Replies: 24
Views: 6652

Re: Physical Fractional vs. Full oz. Gold

My 2 cents on fractions (from a wholesalers point of view): Modern: Modern fractionals are more expensive over their 1 oz counterparts. Then again 1 oz coins are much more expensive than kilo bars. Why would you buy them? Only if you want to buy a fractional ounce because you can't afford the full ...
by StdDeviant
Wed Mar 15, 2017 2:16 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 90
Views: 14954

Re: Where and how do you purchase physical gold?

Just called Manfra, Tordella, and Brookes and the current process when buying from them is quite complicated. To get into the building you need to sign in and get fingerprinted (anyone put off yet??). Then they issue you a key card which gets you into their office upstairs. They charge 3 & 3/4% ove...
by StdDeviant
Wed Mar 15, 2017 2:09 pm
Forum: Gold
Topic: Does Gold's Markup Bother You?
Replies: 20
Views: 4213

Re: Does Gold's Markup Bother You?

My answer: No, gold's markup does not bother me at all. It's very, very small. And insignificant. Here's my take on it (posted in another thread, so I'll just post the link): https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=5&t=8914&start=60 I was just reading that post. You make a compell...
by StdDeviant
Wed Mar 15, 2017 2:02 pm
Forum: Gold
Topic: Buying Physical Gold
Replies: 10
Views: 2866

Re: Buying Physical Gold

I highly support the decision to buy American Eagles. I think the safe deposit storage strategy is fine, too, but I'd think long and hard about paying insurance on them. Very expensive relative to the miniscule risk. I like the idea of diversifying the storage locations and keeping them several plac...
by StdDeviant
Wed Mar 15, 2017 1:51 pm
Forum: Gold
Topic: Will I look like a noob whipping out a coin balance at the coin shop?
Replies: 8
Views: 2498

Re: Will I look like a noob whipping out a coin balance at the coin shop?

If I were a coin dealer and a customer brought out a balance to test the coin, I'd be happy about it, unless I were an unscrupulous dealer selling the customer a counterfeit coin! I would make sure they understood how to use the balance, and give them any other tips I could about telling real from f...
by StdDeviant
Wed Mar 15, 2017 1:09 pm
Forum: Gold
Topic: Do you insure your Gold?
Replies: 38
Views: 20906

Re: Do you insure your Gold?

I finally looked into a rider on coins in a safe deposit box. I was quoted an annual premium of a little less than 2% of the value of the coins. That seems like an awfully high expense ratio to tack onto Gold each year. That's funny. It sounds like that insurer doesn't have much confidence in the s...
by StdDeviant
Wed Mar 15, 2017 12:44 pm
Forum: Gold
Topic: Does Gold's Markup Bother You?
Replies: 20
Views: 4213

Re: Does Gold's Markup Bother You?

My answer: No, gold's markup does not bother me at all. It's very, very small. And insignificant.

Here's my take on it (posted in another thread, so I'll just post the link):
viewtopic.php?f=5&t=8914&start=60
by StdDeviant
Wed Mar 15, 2017 12:33 pm
Forum: Gold
Topic: Any downside to bars?
Replies: 70
Views: 10669

Re: Any downside to bars?

The main rationale for buying bars over coins is the lower markup. In my opinion, that's insufficient reason to buy bars. First of all, we're just talking a few percent. There is very little savings to be realized in buying bars over coins. And yes, I realize that we're talking real money here, whet...
by StdDeviant
Thu Jan 16, 2014 2:15 pm
Forum: Permanent Portfolio Discussion
Topic: Left Fidelity
Replies: 23
Views: 4086

Re: Left Fidelity

I have all of my investments at Fidelity, and have seen no reason to switch. I, too, would be very annoyed with the annuity-selling experience you had. I've avoided that because I've never wanted their advice, so I've never taken them up on their offer to meet with me. As a true believer in the perm...
by StdDeviant
Fri Jul 27, 2012 12:21 pm
Forum: Bonds
Topic: 30 Year Treasury Rate at 2.80%
Replies: 75
Views: 16297

Re: 30 Year Treasury Rate at 2.80%

"I just wish that I had ever seen the Permanent Portfolio play such a game of ping-pong before so that I could say definitively whether or not "it got game"." Exactly!  I've never seen anyone play the game of Russian Roulette either, but I'm sure I don't ever want to! The g...