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  • Profile photo of mifeia123mifeia123
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    @mifeia123
    Join Date: 2008
    Post Count: 4

     Hi Hbbehrendorff,

    Thanks again for the info, very knowledgeable indeed.

    I just have a few more questions on Gold & please pardon me if they seemed stupid.

    I have visit the Perth Mint website and they have this investor page where we can buy gold, silver and platinum via its Certificate and Depository programs or to buy gold via the Australian Stock Exchange. (In which you don't recommend so that's a NO NO)

    So do you mean I should stick to actual bullion coins or bullion bars from Perth Mint and store them with me in a safe place?

    Does that mean I need to make a trip to Perth and bring it back?

    How about when I want to sell them in lets say 24 months time? Where do I go insuring I am getting the maximum true market value for that GOLD at that point of time?

    Would bars better than coins?

    If I made money from Gold after it doubled do I need to pay any TAX on it?

    Once again sorry if some of the questions seemed stupid, I just want to make sure that I get everything right

     

    Cheers

    Yili

    Profile photo of mifeia123mifeia123
    Member
    @mifeia123
    Join Date: 2008
    Post Count: 4

    Hi Bardon,

    Thank you for your reply.

    Could you explain more in detail about the Varsity Lakes properties which you think is undervalued? Units? As from what I know it's quite expensive down there I don't think we have enough money for buy into that area. :(

    Regards

    Yili

    Profile photo of mifeia123mifeia123
    Member
    @mifeia123
    Join Date: 2008
    Post Count: 4

    Hi Hbbehrendorff,

    Thank you for reply to my thread, I have that back in my mind as well but where would you be able to buy $100,000 worth of actual Gold?? How many oz would that be?

    Or to buy Gold Mine Share? Ones have potential output.

    I have heard that you could buy certificates from Banks or stuff not the actual chunk of gold.

    As well as the purity of gold would be a great concern as well…

    How about the outlook of Silver?

    Anyone have other inputs on the topic?

    Cheers

    Yili

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