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Bullion Weight Conversion Please?

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Valued Member
miggs's Avatar
Canada
281 Posts
 Posted 02/26/2013  05:34 am  Show Profile   Bookmark this reply Add miggs to your friends list Get a Link to this Reply
kg5,

Dumping your shares in 2007

Collecting collectables = no capital gains tax

Sovereigns are nice but comes with high premiums.
If you're going to diversify with metals,
check out those Valcambi combiBars.
It's bullion,divisible and with reasonable premiums.
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 04/13/2013  7:54 pm  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
I have been looking at gold and can not figure why gold is at the price it is with the general way the world currencies are. The Australian Dollar is still 25c plus in the dollar too high to most of the major currencies.

I still have 6 weeks till I need to look at reinvesting and buying and selling through our business has to be the best increase to our investment but...

50g Valcambi CombiBar Gold Bullion Bar (Brand New Bars)LBMA and COMEX Approved Good Delivery Brand. AU$ $2520.10 ea. That is AU$50.4 a gram!

I am very glad I can not do anything at the minute because I still think buying gold now is like buying shares in 2007.

But what do I know...........?
Pillar of the Community
nalaberong's Avatar
Canada
2805 Posts
 Posted 04/13/2013  10:34 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
It's funny because $1 is pretty close to 1 gram of silver. If only we could start a metric silver standard...
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 04/14/2013  12:58 am  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
At the same Bullion House!

1gram PAMP Suisse Minted Gold Bullion Bar (Brand New Bars)1 to 24 for $59.57 ea.

Why is a combi bar AU$50.4 a gram and a PAMP bar AU$59.57 per gram?
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 04/14/2013  01:10 am  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
Hi nalaberong


Quote:
It's funny because $1 is pretty close to 1 gram of silver. If only we could start a metric silver standard...


Yes I grow up with lbs and ozs but that is 37 years ago since the change over to grams etc. I have become and like very much to work in grams now. So yes I would like to see silver in grams. And here it is! I might just buy a couple of these!

10 X 10g Valcambi CombiBar Silver Bullion Bar (100g) (Brand New)LBMA and COMEX Approved Good Delivery Brand. For AU$135.16 ea.

So that is AU$1.35c per gram for silver.
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 04/14/2013  01:15 am  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
Now why are they charging so much for silver?
Pillar of the Community
nalaberong's Avatar
Canada
2805 Posts
 Posted 04/14/2013  3:08 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
I'm a bit leery about CombiBars because you could get marginally more or less than 1 gram if the break is uneven. But then I've never actually broken one, so I'm just extrapolating this from my chocolate-breaking skills.
Valued Member
kg5's Avatar
Australia
491 Posts
 Posted 04/14/2013  7:44 pm  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
Hi nalaberong.


Quote:
I'm a bit leery about CombiBars because you could get marginally more or less than 1 gram if the break is uneven.


Very interesting and I can very much see your issue. At first it made me think that it is not a good idea as well to buy Combibars.

But I am sure a bullion dealer would adjust a payment for a difference of 50c or so, either way in weight.

They are by far the best buy in Gold that I can find at the minute. I am going to follow things for another 6 to 8 weeks.

Another area that interests me is Australian silver coins. This bullion company is selling nothing by looking at the number of lots they have on offer. The coin one has been the same for over 2 months now.

1kg Bags of Pre 1946 Australian Sterling Silver (92.5%)is AU$850.97 A week or so ago they were AU$980 KG

From 1910 to 1945 (known as Pre) Australian currency was struck and issued in sterling silver (92.5% pure) in the following denominations: Florins, Shillings, Sixpences and Threepences.
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