Buying real GOLD

[frugal]

Hi,

our friend k9 suggested http://www.coininvestdirect.com

Can you please give me more places to buy from europe?

Thank you very much.

[MediumTex]

Hi,

our friend k9 suggested http://www.coininvestdirect.com

Can you please give me more places to buy from europe?

Thank you very much.

I thought they sold it over the counter at many banks in Switzerland and Austria.

[CA PP]

I ve used www.silvermountain.nl on two occasions in past. Good service.

[k9]

I thought they sold it over the counter at many banks in Switzerland and Austria.

The problem with banks, at least in France, is that they charge you a lot. Much more than online dealers.

There are local dealers too, but you must be in a rather big city and prices are not always interesting. The real plus is that you can often pay cash for small amounts, thus really hiding your gold from the government.

[frugal]

Hi,

our friend k9 suggested http://www.coininvestdirect.com

Can you please give me more places to buy from europe?

Thank you very much.

I thought they sold it over the counter at many banks in Switzerland and Austria.

MediumTex,
it is an honnor to receive you here.
Well, strangely for me it is more difficult to buy REAL gold because it is near maximum ever than ETF's.
25% in Real gold is a bit strange.
Please give me a word about this.

Also please comment the following chart:

I ve used www.silvermountain.nl on two occasions in past. Good service.

CA PP,
perfect!
Thank you.

I thought they sold it over the counter at many banks in Switzerland and Austria.

The problem with banks, at least in France, is that they charge you a lot. Much more than online dealers.

There are local dealers too, but you must be in a rather big city and prices are not always interesting. The real plus is that you can often pay cash for small amounts, thus really hiding your gold from the government.

Always a good vision.
How much % would you use in REAL and ETF?
Thank you k9!

[k9]

If I really had to use an ETF for gold (which I try to avoid because for me gold is the real asset out of reach from banks & government), I'd use max 5% ETF - 20% physical, for ease of rebalancing (and to reduce the price of said rebalancing). That way, you will probably never sell any gold bullion (or very few), you reduce selling fees and you still have 20% of your portfolio that you really hold.

Some (if not most) seem to hold 12.5% in ETF, but that seems way too much to me. Some only hold gold through an ETF, but I don't see the point.

[frugal]

Hello,

After so many years saving only for CDs it is VERY diffcult to put 75% of it in a PP here in Europe 

Any comments to inspire me?

[Pointedstick]

Hello,

After so many years saving only for CDs it is VERY diffcult to put 75% of it in a PP here in Europe 

Any comments to inspire me?

Imagine what would happen if the bank that holds all your CDs went bankrupt at the same time as a bunch of other banks and overwhelmed whatever the Portuguese equivalent of the FDIC is. It could be weeks before you get your money, if you even get it at all past a certain amount. Not a situation I'd like to find myself in!

Besides, the PP will probably return more than the 4% nominal your CDs are earning, no?

[frugal]

Hi,

I think you are right.

Just puting all the saving is a PP, that has fluctuation, is VERY difficult.

Going all CD's to PP+VP+CD it is hard for my mind, but I think I will do like that.

Even in the broker applied in Assets, the money is not safe?

Thank you!!!

Hello,

After so many years saving only for CDs it is VERY diffcult to put 75% of it in a PP here in Europe 

Any comments to inspire me?

Imagine what would happen if the bank that holds all your CDs went bankrupt at the same time as a bunch of other banks and overwhelmed whatever the Portuguese equivalent of the FDIC is. It could be weeks before you get your money, if you even get it at all past a certain amount. Not a situation I'd like to find myself in!

Besides, the PP will probably return more than the 4% nominal your CDs are earning, no?

[frugal]

Hi all,


I arrived to one conclusion that I believe it is not stupid at all 

If we are starting the HBPP , the rebalance of Gold is made buying GOLD COINS.

We start the portfolio with ETF and when buying (rebalancement) we'll buy PHYSICAL GOLD.

This means to buy Physical gold at lower levels.


Please comment.

Thank you.

[clacy]

What is this "real gold" you speak of?  Is that some sort of exotic derivative of GLD? 

[frugal]

coins, bars ...