How can I Invest in gold bullion while living in the philippines?

Discussion in 'Bullion Investing' started by UncleScrooge, Jul 4, 2012.

  1. mikem2000

    mikem2000 Lost Cause

    Are they saying the reverse is true also, the downside potential would be geater than holding physical silver. In other words what would happen if silver went down 25% to $15? Would the mining stock lose 50% of its value?
     
    Last edited: Jan 29, 2014
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Revi

    Revi Mildly numismatic

    Yes, I think it could be painful. I really don't know if it makes any sense at all. Here's an article that says that silver could tumble to around $14.77 or lower.
    http://www.minyanville.com/sectors/...es+(Minyanville.com+-+All+Articles)&refresh=1
    But they also say that we're near a bottom. It's always the best time to pick up silver, but also the most nervewracking. I bought after the 2008 tumble and then it went back up to almost $50. I think it's a dangerous game, like scooping up silver dollars in front of a steamroller. If you get some it's great, but the downside is really painful!
     
  4. Revi

    Revi Mildly numismatic

    In other words, don't take my advice, as I have stated from the beginning. I was just throwing something out there.
     
  5. Filipinas Bullion

    Filipinas Bullion New Member

    Shipping procedures? Any body who shipped succesfully gold and silver bullion from other country to ph. What courier you use? UPS, USPS or Fedex.
     
  6. Clawcoins

    Clawcoins Damaging Coins Daily

    OP needs to look into the companies he wants to buy bullion from

    ProvidentMetals offers a vault service from Elemental Vault. Just check their website.

    ApMex uses Citadal/Brinks as their vault company. Check their website.
     
  7. MerlinAurelius

    MerlinAurelius Well-Known Member

    I would agree here you want "paper" gold/silver. I recommend Groktrade for simple technical analysis of gold/silver etf. Free advice when to buy and sell basic index etfs in his daily Youtube videos.
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    Wonder how many hundreds of $K the OP put into gold in July 2012 -- at ~$1600/oz -- and how far down he rode it? Or maybe he sold it all during the bump back up to $1700 later that year.

    You can make a killing on gold or silver, as long as you can see the future. Or buy and sell in the past.
     
  9. MerlinAurelius

    MerlinAurelius Well-Known Member

    Check out the Perth Bullion website. They ship to South Korea so probably also Phil
     
Draft saved Draft deleted

Share This Page