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Old 14-09-2011, 02:38 AM
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Iceage79 Iceage79 is offline
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Default Interested in PAMP Gold

Hi,

I just want to know if anyone got a collection or ever brought a 25box of 1gram PAMP Gold before?

Or if you were to stack gold what size would you get if you had a budget of $3-4k on gold and you wanted the option to sell to private easily without offering them a 1oz at $3500 a oz in the future. 1g, 2.5g, 5g?
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Old 14-09-2011, 06:09 AM
leroyel leroyel is offline
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Quote:
Originally Posted by Iceage79 View Post
Hi,

I just want to know if anyone got a collection or ever brought a 25box of 1gram PAMP Gold before?

Or if you were to stack gold what size would you get if you had a budget of $3-4k on gold and you wanted the option to sell to private easily without offering them a 1oz at $3500 a oz in the future. 1g, 2.5g, 5g?
If it is me i would just get the biggest bar i can get for that amount of money which in this case for the budget is a 50g bar. Gold is easily traded in Singapore so no point paying such a high premium to buy lesser gold.
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Old 14-09-2011, 12:57 PM
abflug22 abflug22 is offline
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As what leroyel suggested, best bet wld be to get the biggest bar with ur budget. Of course its always the dilemma between choices and paying premium.

Buy the big bar and you will face 'that' bar for as long as you keep it
Buy a variety of coins & bars, you can still swap and trade with others, but of course, you gota pay higher premiums for smaller qty.

So decision would lie on you cheers
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Old 14-09-2011, 01:11 PM
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For the same budget, I'll go for the biggest bar possible too. Premium difference is too big. UOB price list says it all.
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Old 14-09-2011, 01:28 PM
lovegoldlove lovegoldlove is offline
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Big bar low premium.

But too big a bar may also means more difficult to liquidate.

With a big bar you either hold it as a whole as liquidate it as a whole; unless you can somehow chop it into smaller pieces.

Combination of big and small sizes allows you to liquidate just enough to meet other needs, commitments or other investment instruments while holding on to the remaining investment for future appreciation.

I myself have different sizes for the above reasons.
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Old 14-09-2011, 01:40 PM
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Buy what you feel comfortable with, Big, small is small issue. over a period of time you be surprise of what you hold. Able to hold long term is more important. Sorry, that my view.
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Old 14-09-2011, 02:20 PM
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Originally Posted by lovegoldlove View Post
Big bar low premium.

But too big a bar may also means more difficult to liquidate.

With a big bar you either hold it as a whole as liquidate it as a whole; unless you can somehow chop it into smaller pieces.

Combination of big and small sizes allows you to liquidate just enough to meet other needs, commitments or other investment instruments while holding on to the remaining investment for future appreciation.

I myself have different sizes for the above reasons.
I myself hold big bars & visit the pawnshop if I need some rolling cash This is my preference as I don't see myself selling them, if possible, cos I won't be able to buy back at low price again. So I don't mind paying some interest if it's for a short term rolling.
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Old 14-09-2011, 02:26 PM
mjay mjay is offline
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anlok, may i ask at what rate does pawnshops usually take in gold?

say for gold bar .999 ? spot - 10%?

i've not visited pawnshops before so i'm interested to find out
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Old 14-09-2011, 02:31 PM
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anlok, may i ask at what rate does pawnshops usually take in gold?

say for gold bar .999 ? spot - 10%?

i've not visited pawnshops before so i'm interested to find out
You mean sell or pawn? If you pawn, you can negotiate the price. If sell, then it's about 10%. So it's better to sell via this forum or back to UOB if the bar you hold is from the bank.
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Old 14-09-2011, 02:37 PM
mjay mjay is offline
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what if i pawn it? what would the interest that i need to pay?
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