[Sheridzma]

meron namang cash flows and that would be spot gold trading naman instead na physical gold trading.  dun mas malaki ang kita coz you can earn as much as $1,000 in a day.  but it is not for the faint-hearted.

iba2x naman po ang opinion ng mga tao in that matter.  but then again, warren buffet is not the only billionnaire out there.  i would say that central banks nga and financial institutions, with their thorough marketing research analysts at bay, are into gold.  they see the potential in it.  why should we not?

yep meron naman din pong gold bubble.  but in our gold case studies, gold hasn't yet reached its peak.  it's not even near half of its bull run.  so it's still a long way there.

[richpulubi]

I think Warren Buffet invests in businesses and not assets in general.  He also doesn't invest in real estate ata for the same reason.  In fact, if he gets a majority stake in a company, he wants to have a lot of control in how it is run.

From what I gather, you can't trade or invest in gold locally, but rather, trade on-line through a company off-shore?  The same as investing in the NYSE or NASDAQ, wherein  you have to open an account overseas, then trade on-line.

Tama ba?

[allanmm13]

i would say that central banks nga and financial institutions, with their thorough marketing research analysts at bay, are into gold.  they see the potential in it.  why should we not?

CBs and Big Institutions are buying into gold.. pero how much of their total assets are in the Precious Metals? I think they see the ‘potential’ but will use it as a hedge to protect themselves, more than as investment.

We are probably hearing them buying in tons of gold, pero yung total value of that gold is maybe minimal on their total assets.. We may see that big 'in tons' vs. of "few ounce" lang na kaya natin bilhin.. Its a wrong way to compare..

Come to think of it, if you buy Gold in $. Once $ is ousted, how can you get your gold holdings? Pwede ba ideliver sa Pinas yun? How can you convert it sa Peso? Will there be gold exchange sa Pinas you can convert?  CBs and Big Institutions have something we don’t have.. i.e. extra a lot of cash and storage in their vaults

Besides, can you think that CBs and Big Institutions will be "all in" sa PM even at this time and all those good technical/fundamental analysis about gold? For sure, they will look for ways, to mitigate their exposure against Dollar.

Look at China, it keeps on having agreements for direct currency swap for their Yuan with other countries. Well maybe back in their mind, kahit dollar will be ousted they have direct exchange with countries to minimize the impact on their CBs currency holdings.

[invest2me]

richpulubi, u are true u can invest in an offshore company and do gold trading online also like forex trading.u will rcv a dividend depends on the spot market of gold and u can buy a gold and sell.
   

[Sheridzma]

Come to think of it, if you buy Gold in $. Once $ is ousted, how can you get your gold holdings? Pwede ba ideliver sa Pinas yun? How can you convert it sa Peso? Will there be gold exchange sa Pinas you can convert?  CBs and Big Institutions have something we don’t have.. i.e. extra a lot of cash and storage in their vaults

Besides, can you think that CBs and Big Institutions will be "all in" sa PM even at this time and all those good technical/fundamental analysis about gold? For sure, they will look for ways, to mitigate their exposure against Dollar.

Look at China, it keeps on having agreements for direct currency swap for their Yuan with other countries. Well maybe back in their mind, kahit dollar will be ousted they have direct exchange with countries to minimize the impact on their CBs currency holdings.

that is a very good observation sir allan.  Though I'd like to raise the following points too:
1.  CBs and financial institutions are buying it in tons and when I say tonnes,  I mean it.  According to the world gold council, the official list of gold holdings dictates 4 top economies and 1 financial institutions that have bigger gold holdings that can accumulate above 70% of their total reserves and these are:
     a. the united states (8,133 tonnes or 74.7% of total reserves)
     b.  germany  (3,396.3 tonnes or 71.4%)
     c.  italy (2,451.8 tonnes or 70.9%)
     d.  france (2,435.4 tonnes or 71.1%)
     e.  IMF - financial institution (2,814 tonnes)
     f.   ECB - bank (10,788.1 or 62.6%)
   
I have only sighted the top countries and financial institutions that had gold reserves.  It is true that they see the potential in using gold as a hedge but if that is only the purpose they would not be keeping this much. 

They see the potential of gold not only in the purpose of protecting their assets, but also in order to use it to cover any possible losses that they may have.  because if gold would only serve to protect your assets and none other, there exist more investments that can protect you but are also cheaper.  I don't see the rationale in buying gold, which is far more expensive compared to other precious metals and commodities, if it would only be used to protect your assets.

As I have said in the previous threads, they have research analysts who take very close attention to each investments that are offered at their doorstep.  Logic would only dictates us to find one that can protect you and at the same time, can give you profits.  Remember that gold, above all other precious metals, possess higher value.

and I am not looking into their holdings as minimal, either compared to us.  Each investor kasi aims to diversify his portfolio because only in diversifying can you see for yourself kung anong investments ba ang profitable.  you can also learn lessons along the way.  I did not also say that central banks and FIs are only buying gold and none other because that's ridiculous.  They are also diversifying their investments to protect their exposure in the market.   but what I am trying to say is,  you can buy gold as to what you think you are financially capable of.  Kahit sinong investors would think it's preposterous to buy more than what you can afford.  BSP nga only has little gold holdings kasi hinde naman nila kaya ang bumili ng malakihan talaga.  to each is his own kumbaga.

iba2x naman kasi talaga tau ng paniniwala, if you are happy with what you what then good for you.  but then again, it does not hurt to diversify your investments especially if you dont know what the future holds diba?   Ako I am happy with gold coz I know its potential and I know the profits that it can give.

for the dollar getting ousted, once it does get ousted, wala namang problema yan.  again, as previously said.  there are companies that sell gold online,  once you bought it, you can sell it back to the company.  If you want to get it, you can go to the company and get the gold.  there will be no holding period.  Plus, I dont worry about the storage because each company has its own storage vault for those gold. they can also choose to store it in a bank with a paid storage fee plus insurance. 

i dont worry about the exchange rate because when i sell the gold back to the company, the amount will just be deposited to my account and I can withdraw it here in the phils, depending on the exchange rates of my bank.  if ever the dollar will be ousted, i am sure that the company can find a way, a currency swap maybe so that i can withdraw my money.  there is no hassle in disposing the gold that way because you can only do it in several clicks.

I dont think that the CBs or FIs will be "all in" sa gold because they have other investments naman as well.  Lahat naman po tau di ba ganon? I dont think naman po sir na kau u will only stick with your farmlands and have not thought on investing on other assets as well, di po ba? again, we have different opinions on the matter and I am not saying that gold is the most superior investments of all.  I believe in its potential and its benefits, un lang po



Post Merge: Jul 25, 2012, 01:55 PM

From what I gather, you can't trade or invest in gold locally, but rather, trade on-line through a company off-shore?  The same as investing in the NYSE or NASDAQ, wherein  you have to open an account overseas, then trade on-line.

Tama ba?

yep.  basically ganon po.  gold futures naman po un or spot gold trading.  Although you can trade it here in the philippines through a brokerhouse naman.  but still, the main parties to this kind of business is you and the principal company

[allanmm13]

that is a very good observation sir allan.  Though I'd like to raise the following points too:
1.  CBs and financial institutions are buying it in tons and when I say tonnes,  I mean it.  According to the world gold council, the official list of gold holdings dictates 4 top economies and 1 financial institutions that have bigger gold holdings that can accumulate above 70% of their total reserves and these are:
     a. the united states (8,133 tonnes or 74.7% of total reserves)
     b.  germany  (3,396.3 tonnes or 71.4%)
     c.  italy (2,451.8 tonnes or 70.9%)
     d.  france (2,435.4 tonnes or 71.1%)
     e.  IMF - financial institution (2,814 tonnes)
     f.   ECB - bank (10,788.1 or 62.6%)

Wow, this is insightful information sir Sheridzma… This only shows that top creditor nation and countries with their non-stop money printing press are covering themselves, by hedging, in case of defaults . United States, in particular, is exporting its debt (Treasury notes, Bonds) to other countries while covering itself kung wala na tiwala sa kanila ang pinauutang nila

I dont think that the CBs or FIs will be "all in" sa gold because they have other investments naman as well.  Lahat naman po tau di ba ganon? I dont think naman po sir na kau u will only stick with your farmlands and have not thought on investing on other assets as well, di po ba? .

Hopefully, lahat dapat tayo maging diversify.. Pero,depending in terms on financial status or personal circumstances, realistically, many Pinoys probably cannot do this. Di po ba sir Sheridzma?

I was thinking to diversify a little more last year and early this year sa precious metals. But choosing with physical assets, this year, that I will hoard (like silver/gold) vs. that will produce a cashflow (farmland), I will try the latter.  

again, we have different opinions on the matter and I am not saying that gold is the most superior investments of all.  

As you say, we have different opinions

[richpulubi]

I have no faith in CB's, or the US Fed.  All their actions have not actually lessened the debt of the US, and many of the EU are also getting deeper and deeper in trouble.  As the saying goes, they just keep kicking the can down the road.  But eventually, the can will be too heavy to kick any further, and they have to face up to their immense debt. 

Come that day, the dollar will plunge and so will the euro. 

But the question is, will there be hyperinflation due to the depreciation of their currencies, or massive deflation due to extreme slow down in business and global economies?

[Sheridzma]

Wow, this is insightful information sir Sheridzma… This only shows that top creditor nation and countries with their non-stop money printing press are covering themselves, by hedging, in case of defaults . United States, in particular, is exporting its debt (Treasury notes, Bonds) to other countries while covering itself kung wala na tiwala sa kanila ang pinauutang nila
Hopefully, lahat dapat tayo maging diversify.. Pero,depending in terms on financial status or personal circumstances, realistically, many Pinoys probably cannot do this. Di po ba sir Sheridzma?

As you say, we have different opinions

yep  we have different opinion on the matter naman po.  and we can only decide on what is best for us, kaya I decided on gold.

true din po not many pinoys can afford to do this coz gold is expensive.  then again, hope you don't mind, not many pinoys can afford to buy farmlands din hehe.  kaya nga po dependent talaga on one's financial status coz pag hinde naman kaya nde ka naman talaga bibili diba?

we may differ on our insights when it comes to our investments but atleast we agree on one thing, that is to profit from it.

choice naman po yan ng country on how to protect themselves against problems.  these people were placed in positions to secure the future of the countries' financial conditions.  if they do these things because they think these help, it's their call.  

[richpulubi]

Gold can actually be bought as small as .10 ounce coins.  And so, mga $154.50 siguro?

[Sheridzma]

Gold can actually be bought as small as .10 ounce coins.  And so, mga $154.50 siguro?

that's about it po.  it depends kasi sa seller ng coins.  some would sell it higher than the suggested price and then some would want to sell it for starter, to promote solid clientele relationship

[bizmen]

that's one of dis adv of silver, 5kilos of Ag it's very heavy in your hands. you need big vault to store more kilos of silver.
unlike Phils, here my area so easy to buy and sell physical metals.

quote author=richpulubi link=topic=34334.msg422582#msg422582 date=1343099595]

Oh ya, the thing about silver is that it tends to be more volatile ata than gold.  Bigger swings in value.  Bigger gains, but also possible bigger losses.  Also, if you're buying physical silver, masyadong bulky, compared to the portability of gold.
[/quote]

[AMARANTH]

FDIC and Fed issue "Notice of Proposed Rulemaking"
to adopt Basel III



FDIC and Fed issue "Notice of Proposed Rulemaking" to adopt Basel III

Last week, the FDIC and the Fed issued a "Notice of Proposed Rulemaking" to adopt the Basel III capital requirements. If this new rule is adopted as proposed, gold would shift to a zero-risk weighting for purposes of calculating bank capital by the year 2015. Such a move would eventually place gold at the heart of global currency and payment systems -- seemingly a shift back towards a gold standard.

This action is a strong confirmation that gold's primary trend will likely continue.

http://www.fdic.gov/news/board/2012/2012-06-12_notice_dis-b_mem.pdf

http://www.federalreserve.gov/aboutthefed/boardmeetings/risk-based_leverage_capital_requirements_FR_final_draft_20120607.pdf

http://www.treasury.gov/initiatives/fsoc/Documents/2012%20Regulatory%20Developments;%20Council%20Activities.pdf

http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/dodd-frank-series/Documents/dodd-frank-beyond-newsletter-june-2012.pdf

[AMARANTH]

China Launching Gold Backed Global Currency!






http://beforeitsnews.com/alternative/2012/08/china-launching-gold-backed-global-currency-2451114.html
By Mark Brander

Sunday, August 12, 2012 17:14

There can be no doubt that the US dollar will soon be history. China is recasting all of their gold reserves into small one kilo bars in order to issue a new ‘gold backed’ global currency. This is surely a strategic part of their recent push to sign new trade agreements with Russia, Japan, Chile, Brazil, India, and Iran. The cat is now out of the bag, the US will be given the ‘bums rush’ by the largest trading nations in the world and the dollar will go down in flames. GATA now estimates that 80% of the gold that investors believe they have in allocated accounts is long gone, the majority of it probably wound up in China.

Here is an excerpt from Jim Willie’s ‘Hat Trick Letter’

Jims recent article starts out with…

Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena. But lately, they cannot dismiss the onslaught of evidence, a veritable plethora of ugly symptoms of conditions gone terribly wrong and solutions at best gone awry and at worst never intended in the first place.

CHINA RECASTS GOLD BARS

China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system. The big gold recast project points to the Chinese preparing for a new system of trade settlement. In the process they must be constructing a foundation for a possible new monetary system based in gold that supports the trade payments. Initally used for trade, it will later be used in banking. The US TBond will be shucked aside. Regard the Chinese project as preliminary to a collapse in the debt-based US Dollar system. The Chinese are removing thousands of metric tons of gold bars from London, New York, and Switzerland. They are recasting the bars, no longer to bear weights in ounces, but rather kilograms. The larger Good Delivery bars are being reduced into 1-kg bars and stored in China. It is not clear whether the recast project is being done entirely in China, as some indication has come that Swiss foundries might be involved, since they have so much experience and capacity.

The story of recasting in London is confirmed by my best source. It seems patently clear that the Chinese are preparing for a new system for trade settlement system, to coincide with a new banking reserve system. They might make a sizeable portion of the new 1-kg bars available for retail investors and wealthy individuals in China. They will discard the toxic US Treasury Bond basis for banking. Two messages are unmistakable. A grand flipped bird (aka FU) is being given to the Western and British system of pounds and ounces and other queer ton measures. But perhaps something bigger is involved. Maybe a formal investigation of tungsten laced bars is being conducted in hidden manner. In early 2010, the issue of tungsten salted bars became a big story, obviously kept hush hush. The trails emanated from Fort Knox, as in pilferage of its inventory. The pathways extended through Panama in other routes known to the contraband crowd, that perverse trade of white powder known on the street as Horse & Blow, or Boy & Girl.


read entire article here..
http://news.goldseek.com/GoldenJackass/1340820786.php

[retirado50]

  WOW prang napaisip ako tuloy mag invest ng gold and silver

[Sheridzma]

 WOW prang napaisip ako tuloy mag invest ng gold and silver

Good to know po.  If you need help on how to invest, magsabi lang po kayo.

Gold is now doing at 1639.75.  Hopefully tuloy2x na ito.  one thing is certain, it has firmly held on its 1600 level position. and more good news from the EUzone are pouring in. Sana $1700 naman this time.