Search found 78 matches

by bronsuchecki
Sun Jan 18, 2015 2:52 am
Forum: Gold
Topic: GTU Is The Ideal PP ETF
Replies: 31
Views: 8478

Re: GTU Is The Ideal PP ETF

How far back have you gone to test the relationship between premium/discount and gold price, has it held up over time? I would note that generally if the premium grows then there is an incentive for the fund managers to issue new share, which will tend to cap how big the premium gets. It would be in...
by bronsuchecki
Wed Jan 07, 2015 9:12 pm
Forum: Gold
Topic: The 411 on Unallocated Acounts ETFs etc.
Replies: 6
Views: 2089

Re: The 411 on Unallocated Acounts ETFs etc.

Hard Assets is an unusual case as HAA is just relabelling a service performed by Gold Bullion International. If after the end of your transaction you have a statement directly from the vault operator in your name that they are holding gold for you, and you could come and pick it up or view it direct...
by bronsuchecki
Wed Jan 07, 2015 2:37 am
Forum: Gold
Topic: The 411 on Unallocated Acounts ETFs etc.
Replies: 6
Views: 2089

Re: The 411 on Unallocated Acounts ETFs etc.

There won't be anything on my blog, I don't comment specifically on the pros or cons of other storage programs.
by bronsuchecki
Tue Jan 06, 2015 8:15 pm
Forum: Gold
Topic: The 411 on Unallocated Acounts ETFs etc.
Replies: 6
Views: 2089

Re: The 411 on Unallocated Acounts ETFs etc.

Thanks. This is an important issue that people need to be aware of. I don't want to name names, but there are some really weak legal agreements out there which sound like allocated but given the complete lack of specificity are probably unallocated.
by bronsuchecki
Wed Jul 16, 2014 8:04 pm
Forum: Gold
Topic: GLD proposals re expenses
Replies: 2
Views: 2922

Re: GLD proposals re expenses

Posted on this here http://goldchat.blogspot.com.au/2014/07 ... eseen.html and gave you a hat tip I Shrugged
by bronsuchecki
Sun Jul 06, 2014 8:15 pm
Forum: Gold
Topic: GLD proposals re expenses
Replies: 2
Views: 2922

Re: GLD proposals re expenses

Interesting, seems WGC currently only gets 0.15% of the 0.40% management fee, but now wants the entire 0.40% along with which it will take all the costs. As it notes "the net amount earned by the Sponsor could be greater or smaller than the fee of 0.15% of the daily ANAV of the Trust it currently ea...
by bronsuchecki
Sun Jun 08, 2014 11:41 pm
Forum: Gold
Topic: Gold Coin Balance Fooled by fake gold Eagle
Replies: 36
Views: 10806

Re: Gold Coin Balance Fooled by fake gold Eagle

Also for Bron, doesn't Perth Mint melt down all the gold you receive and strike new bullion? If so, this kind of threat for the Perth Mint would never make it into your circulation, correct? All metal used for our production comes from our refinery so we know it is pure. Also any coins or bars we b...
by bronsuchecki
Wed Jun 04, 2014 7:52 pm
Forum: Gold
Topic: Gold Coin Balance Fooled by fake gold Eagle
Replies: 36
Views: 10806

Re: Gold Coin Balance Fooled by fake gold Eagle

Bron  - curious if you've ever seen the tungsten plated coins coming out of China.  Is it easy to tell the fake by a ping test? I've never seen them in the flesh, but as Early Cuyler says, it seems easy to spot them if you have a real one to compare to. I suspect trying to fake 99.99% pure coins wo...
by bronsuchecki
Wed Jun 04, 2014 12:50 am
Forum: Gold
Topic: Gold Coin Balance Fooled by fake gold Eagle
Replies: 36
Views: 10806

Re: Gold Coin Balance Fooled by fake gold Eagle

It is a terrible photo, I wish they would provide high resolution ones with a real coin side by side, as I often wonder if these fakes are really that good and would only fool newbies.
by bronsuchecki
Thu May 01, 2014 8:09 pm
Forum: Gold
Topic: Gold Market Manipulation is a Myth
Replies: 51
Views: 13193

Re: Gold Market Manipulation is a Myth

I think maybe a question to ask though, is how long can it be manipulated?  I would tend to say easily longer than most people can mentally hold out, and that's the problem with the gold market and other markets. Well according to Eric Sprott the central banks have nearly run out of gold and while ...
by bronsuchecki
Mon Mar 31, 2014 12:36 am
Forum: Gold
Topic: Physical vs Paper
Replies: 16
Views: 6097

Re: Physical vs Paper

I don't like the IRA-physical gold option.  Ideally gold should be in your direct possession (or a you-controlled safe deposit box).  The IRA-Physical gold option still has counterparty risk. I think there is a big difference between IRA physical gold option held as allocated gold and an ETF, for e...
by bronsuchecki
Sat Feb 15, 2014 8:30 pm
Forum: Gold
Topic: Are the PHYS capital gains taxes really that bad?
Replies: 3
Views: 2037

Re: Are the PHYS capital gains taxes really that bad?

I don't have much info on the tax issue or size of it, but note that there have been some large redemptions out of PHYS recently due to the fact it was trading at a discount, aroun 14% has been withdrawn, so not sure if that will create a large tax bill for the fund.