bluemavryk replied to the topic Precious Metals: Forget currency! Get in on the shiny stuff! in the forum Creative Investing 16 years ago
That about sums it up in a nutshell!Very true comment about Banks keeping a lid on proces of Precious Metals. If I can add to that, they also make it quite compicated to purchase physical gold bars across th counter, and even add a surcharge of CHF30 per bar!! for "handling & shipping" ??Funny story.. 2 years ago I am standing at the counter at…[Read more]
bluemavryk replied to the topic Precious Metals: Forget currency! Get in on the shiny stuff! in the forum Creative Investing 16 years ago
Gday David,The plummet is quite easy to explain.There are 2 major factors to consider when speaking about Platinum.Firstly, that it is very much tied to the fluctuations of the Gold price.Secondly, because it is so costly to get out of the ground & process, there needs to be great demand for it before it is excavated.The peak in XPT this year…[Read more]
bluemavryk replied to the topic Australian Property the dearest? in the forum Opinionated! 16 years ago
Property prices in different regions is always up to personal perspective and personal financial situations.You cant compare apples and oranges, BUT you can compare the cost of the apples against the apple market and the cost of oranges in the orange market, capisce?For over 5 years I have been following the property market in Croatia and trying…[Read more]