Search found 6 matches

by kapoios
Fri Jun 13, 2014 6:10 am
Forum: Gold
Topic: Gold Coin Balance Fooled by fake gold Eagle
Replies: 38
Views: 27640

Re: Gold Coin Balance Fooled by fake gold Eagle

Usually I buy gold sovereigns and gold 20 franc coins.  I haven’t seen tungsten fakes but I have seen other fakes some even made from 18K – 22K gold. In most cases it is easy to spot a fake if the coin is in mint state. It’s getting more difficult if the coin is worn out and in some cases you just c...
by kapoios
Mon Nov 11, 2013 9:39 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 383
Views: 207209

Re: Bitcoin giveaway! :)

Thank you for your offer Marc. I haven't used the bitcoin concept in the past but I opened an account at the link you provided and I am curious to see how this thing works. 17DG2qoFdukuog4hpRhdCTiiKZgHbCSdcP I guess this offer to own bitcoins is the equivalent of the cigar-butt approach with 100% ma...
by kapoios
Wed Apr 10, 2013 4:27 am
Forum: Gold
Topic: Has the local price of physical gold in Cyprus gone up?
Replies: 3
Views: 3643

Re: Has the local price of physical gold in Cyprus gone up?

I think with the unsecured bank accounts partially confiscated and partially frozen (at least until September) and with secured deposit withdrawals rationed at 300 euros per day there aren’t much cash available to move the local gold market. If you want to know what is happening at the gold price in...
by kapoios
Sun Feb 24, 2013 1:10 am
Forum: Gold
Topic: Gold is sinking. Don't look!
Replies: 60
Views: 34786

Re: Gold is sinking. Don't look!

As cash returns I used an approximate average of what you could get from 3month certificate of deposit at a bank. It fluctuated in the range of 4% - 6% depending on the amount you had available and how desperate was the bank for deposits at that precise time. Usually threatening to take the cash to ...
by kapoios
Sat Feb 23, 2013 4:03 pm
Forum: Gold
Topic: Gold is sinking. Don't look!
Replies: 60
Views: 34786

Re: Gold is sinking. Don't look!

Thank you both. As for my investing portfolio I have a more active approach and I don’t hold any bonds because I agree with Buffett’s view that at these levels they are priced to deliver “return-free risk”? instead of risk free return. So I am aprox. 20% gold, 20% stocks, 60% cash. I don’t know if t...
by kapoios
Sat Feb 23, 2013 5:03 am
Forum: Gold
Topic: Gold is sinking. Don't look!
Replies: 60
Views: 34786

Re: Gold is sinking. Don't look!

Some at that boglehead thread have worst understanding of survivorship bias than my skills at English grammar. Yes cash and bonds have better real returns from 1800 to 2012 if you didn’t invest in confederate bonds – notes, you didn’t live in Austria or Germany after ww1 or ww2 etc. etc. . As a Gree...