Precious metals

With rising costs and increased learning needs, financing our children's education is no longer a simple walk in the park. Discuss with other parents about how they are managing their finances to cope with their expenses.

Precious metals

Postby ngl2010 » Wed Feb 15, 2017 6:51 pm

Where to buy precious metals like copper and silver? I only know UOB gold/silver account. Anywhere else? TIA

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Re: Precious metals

Postby hercules » Mon Apr 10, 2017 3:53 pm

The world is like so unstable currently with bombing here and there, and I turning pessimistic in my regular investments.

Anybody know how to buy physical gold bars and eventually how to sell them? Is it buy from bank and then sell back to them (then if got war, just take the gold bars and run when other investments may have turned into ashes).

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Re: Precious metals

Postby CG10 » Mon May 08, 2017 3:54 pm

Easiest is to buy from UOB. Keep the coin intact with the wrapper(if any) then you can sell back to them at a later time if you want to.

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Re: Precious metals

Postby Anfield » Mon May 29, 2017 4:40 pm

I was just checking out the Perth Mint since i figure if one actually wants to buy gold, look no further than where it's actually produced.

Turns out they have an authorized distributor here:

They look reliable, and they definitely look cheaper than UOB. For retail customers at least. Privilege, and obviously private banking customers should get better rates.

And I'm sure there are Gold exchange traded funds that are easier to invest in than buying actual gold, although I'm not sure as to their fees and charges. And of course you won't get to lovingly fondle your gold bars.

I wouldn't buy physical gold as a means of exposure to the gold price though. I would go for the producers of gold.

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