Gold - Get Physical

[againsthegrain]

When you decide to sell it they will check the quality, too late then though if it's substandard !

yeah next time ill ask them to test it in front of me in their machine. I guess since they test everything they buy then everything they sell would of went through that test but have to take their word for it.

I weighted it with a cheap kmart scale showed 51 then 49 and 50 so I think its ok

 

[aus_trader]

yeah next time ill ask them to test it in front of me in their machine. I guess since they test everything they buy then everything they sell would of went through that test but have to take their word for it.

I weighted it with a cheap kmart scale showed 51 then 49 and 50 so I think its ok

Sounds Legit

Store it safely, before anyone notices

 

[Garpal Gumnut]

It is time in my opinion to buy and bury gold bar again.

Over the past 30 days gold has fallen 2.25% in AUD and 3.5% in USD.

The Land of Hope and Glory is returning to a Wild West scenario and will be unstable for some time to come.

Even on the ASX punters are buying Banks, who are basically insolvent without borrowed government money, in the middle of a plague.

The plague is not ending soon even though Pfizer in true Wild West style are selling a "Potion that Cures" Laaaaydees and Genttttulmen.

Buy and Bury gold is what I'm doing again. The show ain't over until someone drives a stake in to the heart of the fat Orange Fool.

gg

 

[wayneL]

It is time in my opinion to buy and bury gold bar again.

Over the past 30 days gold has fallen 2.25% in AUD and 3.5% in USD.

The Land of Hope and Glory is returning to a Wild West scenario and will be unstable for some time to come.

Even on the ASX punters are buying Banks, who are basically insolvent without borrowed government money, in the middle of a plague.

The plague is not ending soon even though Pfizer in true Wild West style are selling a "Potion that Cures" Laaaaydees and Genttttulmen.

Buy and Bury gold is what I'm doing again. The show ain't over until someone drives a stake in to the heart of the fat Orange Fool.

gg

It doesn't matter whether the God Emperor or the demented China shill gets up, all OECD currencies are going to take it where the sun don't shine.

Protect thyself accordingly, of which physical gold, inter alia, should be a priority.

 

[aus_trader]

until someone drives a stake in to the heart of the fat Orange Fool.

Not going to happen, but really funny GG

 

[Bob]

It is time in my opinion to buy and bury gold bar again.

Over the past 30 days gold has fallen 2.25% in AUD and 3.5% in USD.

The Land of Hope and Glory is returning to a Wild West scenario and will be unstable for some time to come.

Even on the ASX punters are buying Banks, who are basically insolvent without borrowed government money, in the middle of a plague.

The plague is not ending soon even though Pfizer in true Wild West style are selling a "Potion that Cures" Laaaaydees and Genttttulmen.

Buy and Bury gold is what I'm doing again. The show ain't over until someone drives a stake in to the heart of the fat Orange Fool.

gg

Benefits to USA since Trump was elected:

1. Trump recently signed 3 bills to benefit Native people. One gives compensation to the Spokane tribe for loss of their lands in the mid-1900s, one funds Native language programs, and the third gives federal recognition to the Little Shell Tribe of Chippewa Indians in Montana.

2. Trump finalized the creation of Space Force as our 6th Military branch.

3. Trump signed a law to make cruelty to animals a federal felony so that animal abusers face tougher consequences.

4.) Violent crime has fallen every year he’s been in office after rising during the 2 years before he was elected.


5. Trump signed a bill making CBD and Hemp legal.
6. Trump’s EPA gave $100 million to fix the water infrastructure problem in Flint, Michigan.

7. Under Trump’s leadership, in 2018 the U.S. surpassed Russia and Saudi Arabia to become the world’s largest producer of crude oil.

8. Trump signed a law ending the gag orders on Pharmacists that prevented them from sharing money-saving information.

9. Trump signed the “Allow States and Victims to Fight Online Sex Trafficking Act” (FOSTA), which includes the “Stop Enabling Sex Traffickers Act” (SESTA) which both give law enforcement and victims new tools to fight sex trafficking.
10. Trump signed a bill to require airports to provide spaces for breastfeeding Moms.

11. The 25% lowest-paid Americans enjoyed a 4.5% income boost in November 2019, which outpaces a 2.9% gain in earnings for the country’s highest-paid workers.

12. Low-wage workers are benefiting from higher minimum wages and from corporations that are increasing entry-level pay.

13. Trump signed the biggest wilderness protection & conservation bill in a decade and designated 375,000 acres as protected land.

14. Trump signed the Save our Seas Act which funds $10 million per year to clean tons of plastic & garbage from the ocean.
15. He signed a bill this year allowing some drug imports from Canada so that prescription prices would go down.

16. Trump signed an executive order this year that forces all health care providers to disclose the cost of their services so that Americans can comparison shop and know how much fewer providers charge

17. When signing that bill he said no American should be blindsided by bills for medical services they never agreed to in advance.

18. Hospitals will now be required to post their standard charges for services, which include the discounted price a hospital is willing to accept.

19. In the eight years prior to President Trump’s inauguration, prescription drug prices increased by an average of 3.6% per year. Under Trump, drug prices have seen year-over-year declines in nine of the last ten months, with a 1.1% drop as of the most recent month.

20. He created a White House VA Hotline to help veterans and principally staffed it with veterans and direct family members of veterans.
21. VA employees are being held accountable for poor performance, with more than 4,000 VA employees removed, demoted, and suspended so far.

22. Issued an executive order requiring the Secretaries of Defense, Homeland Security, and Veterans Affairs to submit a joint plan to provide veterans access to access to mental health treatment as they transition to civilian life.

23. Because of a bill signed and championed by Trump, In 2020, most federal employees will see their pay increase by an average of 3.1% — the largest raise in more than 10 years.

24. Trump signed into law up to 12 weeks of paid parental leave for millions of federal workers.

25. Trump administration will provide H.I.V. prevention drugs for free to 200,000 uninsured patients per year for 11 years.


26. All-time record sales during the 2019 holidays.

27. Trump signed an order allowing small businesses to group together when buying insurance to get a better price
28. President Trump signed the Preventing Maternal Deaths Act that provides funding for states to develop maternal mortality reviews to better understand maternal complications and identify solutions & largely focuses on reducing the higher mortality rates for Black Americans.

29. In 2018, President Trump signed the groundbreaking First Step Act, a criminal justice bill that enacted reforms that make our justice system fairer and help former inmates successfully return to society.

30. The First Step Act’s reforms addressed inequities in sentencing laws that disproportionately harmed Black Americans and reformed mandatory minimums that created unfair outcomes.
31. The First Step Act expanded judicial discretion in the sentencing of nonviolent crimes.

32. Over 90% of those benefiting from the retroactive sentencing reductions in the First Step Act are Black Americans.

33. The First Step Act provides rehabilitative programs to inmates, helping them successfully rejoin society and not return to crime.

34. Trump increased funding for Historically Black Colleges and Universities (HBCUs) by more than 14%.
35. Trump signed legislation forgiving Hurricane Katrina debt that threatened HBCUs.

36. New single-family home sales are up 31.6% in October 2019 compared to just one year ago.

37. Made HBCUs a priority by creating the position of executive director of the White House Initiative on HBCUs.



38. Trump received the Bipartisan Justice Award at a historically black college for his criminal justice reform accomplishments.

39. The poverty rate fell to a 17-year low of 11.8% under the Trump administration as a result of a jobs-rich environment.
40. Poverty rates for African-Americans and Hispanic-Americans have reached their lowest levels since the U.S. began collecting such data.

41. President Trump signed a bill that creates five national monuments, expands several national parks, adds 1.3 million acres of wilderness, and permanently reauthorizes the Land and Water, Conservation Fund.

42. Trump’s U.S.D.A. committed $124 Million to rebuild rural water infrastructure.
43. Consumer confidence & small business confidence is at an all-time high.

44. More than 7 million jobs created since the election.

45. More Americans are now employed than ever recorded before in our history.

46. More than 400,000 manufacturing jobs created since his election.

47. Trump appointed 5 openly gay ambassadors.
48. Trump ordered Ric Grenell, his openly gay ambassador to Germany, to lead a global initiative to decriminalize homosexuality across the globe.

49. Through Trump’s Anti-Trafficking Coordination Team (ACTeam) initiative, Federal law enforcement more than doubled convictions of human traffickers and increased the number of defendants charged by 75% in ACTeam districts.

50. In 2018, the Department of Justice (DOJ) dismantled an organization that was the internet’s leading source of prostitution-related advertisements resulting in sex trafficking.

51. Trump’s OMB published new anti-trafficking guidance for government procurement officials to more effectively combat human trafficking.



52. Trump’s Immigration and Customs Enforcement’s Homeland Security Investigations arrested 1,588 criminals associated with Human Trafficking.

53. Trump’s Department of Health and Human Services provided funding to support the National Human Trafficking Hotline to identify perpetrators and give victims the help they need.

54. The hotline identified 16,862 potential human trafficking cases.

55. Trump’s DOJ provided grants to organizations that support human trafficking victims — serving nearly 9,000 cases from July 1, 2017, to June 30, 2018.
56. The Department of Homeland Security has hired more victim assistance specialists, helping victims get resources and support.

57. President Trump has called on Congress to pass school choice legislation so that no child is trapped in a failing school because of his or her ZIP code.
58. The President signed funding legislation in September 2018 that increased funding for school choice by $42 million.

59. The tax cuts signed into law by President Trump promote school choice by allowing families to use 529 college savings plans for elementary and secondary education.
60. Under his leadership, ISIS has lost most of its territory and been largely dismantled.

61. ISIS leader Abu Bakr al-Baghdadi was killed.

62. Signed the first Perkins C.T.E. reauthorization since 2006, authorizing more than $1 billion for states each year to fund vocational and career education programs.

63. Executive order expanding apprenticeship opportunities for students and workers.

64. Trump issued an Executive Order prohibiting the U.S. government from discriminating against Christians or punishing expressions of faith.

65. Signed an executive order that allows the government to withhold money from college campuses deemed to be anti-Semitic and who fail to combat anti-Semitism.

66. President Trump ordered a halt to U.S. tax money going to international organizations that fund or perform abortions.

67. Trump imposed sanctions on the socialists in Venezuela who have killed their citizens.

68. Finalized new trade agreement with South Korea.

69. Made a deal with the European Union to increase U.S. energy exports to Europe.
70. Withdrew the U.S. from the job-killing TPP deal.

71. Secured $250 billion in new trade and investment deals in China and $12 billion in Vietnam.

72. O.K.’d up to $12 billion in aid for farmers affected by unfair trade retaliation.
73. Has had over a dozen U.S. hostages freed, including those Obama could not get freed.

74. Trump signed the Music Modernization Act, the biggest change to copyright law in decades.

75. Trump secured Billions that will fund the building of a wall at our southern border.

76. The Trump Administration is promoting second-chance hiring to give former inmates the opportunity to live crime-free lives and find meaningful employment.

77. Trump’s DOJ and the Board Of Prisons launched a new “Ready to Work Initiative” to help connect employers directly with former prisoners.
78. President Trump’s historic tax cut legislation included new Opportunity Zone Incentives to promote investment in low-income communities across the country.



79. 8,764 communities across the country have been designated as Opportunity Zones.

80. Opportunity Zones are expected to spur $100 billion in long-term private capital investment in economically distressed communities across the country.

81. Trump directed the Education Secretary to end Common Core.
82. Trump signed the 9/11 Victims Compensation Fund into law.

83. Trump signed measure funding prevention programs for Veteran suicide.
84. Companies have brought back over a TRILLION dollars from overseas because of the TCJA bill that Trump signed.

85. Manufacturing jobs are growing at the fastest rate in more than 30 years.

86. Stock Market has reached record highs.

87. Median household income has hit the highest level ever recorded.

88. African-American unemployment is at an all-time low.

89. Hispanic-American unemployment is at an all-time low.

90. Asian-American unemployment is at an all-time low.

91. Women’s unemployment rate is at a 65-year low.

92. Youth unemployment is at a 50-year low.

93. We have the lowest unemployment rate ever recorded.

94. The Pledge to America’s Workers has resulted in employers committing to train more than 4 million Americans.

95. 95 percent of U.S. manufacturers are optimistic about the future — the highest ever.



96. As a result of the Republican tax bill, small businesses will have the lowest top marginal tax rate in more than 80 years.
97. Record number of regulations eliminated that hurt small businesses.

98. Signed welfare reform requiring able-bodied adults who don’t have children to work or look for work if they’re on welfare.
99. Under Trump, the FDA approved more affordable generic drugs than ever before in history.

100. Reformed Medicare program to stop hospitals from overcharging low-income seniors on their drugs — saving seniors 100’s of millions of $$$ this year alone.
101. Signed Right-To-Try legislation allowing terminally ill patients to try an experimental treatment that wasn’t allowed before.

102. Secured $6 billion in new funding to fight the opioid epidemic. ️️

103. Signed VA Choice Act and VA Accountability Act, expanded V.A. telehealth services, walk-in-clinics, and same-day urgent primary and mental health care.
104. U.S. oil production recently reached an all-time high so we are less dependent on oil from the Middle East.

105. The U.S. is a net natural gas exporter for the first time since 1957.

106. NATO allies increased their defense spending because of his pressure campaign.

107. Withdrew the United States from the job-killing Paris Climate Accord in 2017 and that same year the U.S. still led the world by having the largest reduction in carbon emissions.
108. Has his circuit court judge nominees being confirmed faster than any other new administration.



109. Had his Supreme Court Justice’s Neil Gorsuch and Brett Kavanaugh confirmed.

110. Moved U.S. Embassy in Israel to Jerusalem.
111. Agreed to a new trade deal with Mexico & Canada that will increase jobs here and $$$ coming in.

112. Reached a breakthrough agreement with the E.U. to increase U.S. exports.

113. Imposed tariffs on China in response to China’s forced technology transfer, intellectual property theft, and their chronically abusive trade practices, has agreed to a Part One trade deal with China.

114. Signed legislation to improve the National Suicide Hotline.
115. Signed the most comprehensive childhood cancer legislation ever into law, which will advance childhood cancer research and improve treatments.

116. The Tax Cuts and Jobs Act signed into law by Trump doubled the maximum amount of the child tax credit available to parents and lifted the income limits so more people could claim it.

117. It also created a new tax credit for other dependents.

118. In 2018, President Trump signed into law a $2.4 billion funding increase for the Child Care and Development Fund, providing a total of $8.1 billion to states to fund child care for low-income families.

119. The Child and Dependent Care Tax Credit (CDCTC) signed into law by Trump provides a tax credit equal to 20-35% of child care expenses, $3,000 per child & $6,000 per family + Flexible Spending Accounts (F.S.A.s) allow you to set aside up to $5,000 in pre-tax $ to use for child care.

120. In 2019 President Donald Trump signed the Autism Collaboration, Accountability, Research, Education and Support Act (CARES) into law, which allocates $1.8 billion in funding over the next five years to help people with autism spectrum disorder and to help their families.



121. In 2019 President Trump signed into law two funding packages providing nearly $19 million in new funding for Lupus specific research and education programs, as well an additional $41.7 billion in funding for the National Institutes of Health (NIH), the most Lupus funding EVER.


122. Another upcoming accomplishment to add: In the next week or two Trump will be signing the first major anti-robocall law in decades called the TRACED Act (Telephone Robocall Abuse Criminal Enforcement and Deterrence.) Once it’s the law, the TRACED Act will extend the period of time the FCC has to catch & punish those who intentionally break telemarketing restrictions. The bill also requires voice service providers to develop a framework to verify calls are legitimate before they reach your phone.

 

[finicky]

@Bob I didn't read all your diatribe but you don't need to adduce evidence when you know you're right. Why waste time? The white CIS patriarchal orange man is gone and the nazi scum no longer have their fuehrer.Now we can make up with the Chinese Communist Party under the strong and patriotic leadership of Joe and Kamala. America wiill heal under the gentle decent guidance of The Squad, Kamala, Nancy, Adam Schiff, Jerry Nadler and Chuck - Joe can get plenty of rest. The jack booted constabulary will stay of the streets or be shot and Antifa and BLM will light the way ahead to a fairer, more diverse anarcho community with equality of outcomes. Dreamers will be welcomed and immigrants imbued with foreign cultures can flood across our borders without dehumanising racist documentation, their poor little children freed from cages, to invigorate the decayed cities.There are already lists of the scum who have opposed our rightful place in the white house.

 

[Garpal Gumnut]

Gold has been trading in a narrow range USD $1860 to $1890 for the last 3 days after a significant drop during early Nov. from $1950.

I can't see it going sideways for much longer. My bet would be up.



gg

 

[frugal.rock]

Thanks gg.
Had suspected we were at a turning point, but, with what the market is currently doing, had thought golds run may have hit a top.
In relation to the banks, don't forget this country was built on credit.
Very colourful chart.

 

[Bob]

@Bob I didn't read all your diatribe but you don't need to adduce evidence when you know you're right. Why waste time? The white CIS patriarchal orange man is gone and the nazi scum no longer have their fuehrer.Now we can make up with the Chinese Communist Party under the strong and patriotic leadership of Joe and Kamala. America wiill heal under the gentle decent guidance of The Squad, Kamala, Nancy, Adam Schiff, Jerry Nadler and Chuck - Joe can get plenty of rest. The jack booted constabulary will stay of the streets or be shot and Antifa and BLM will light the way ahead to a fairer, more diverse anarcho community with equality of outcomes. Dreamers will be welcomed and immigrants imbued with foreign cultures can flood across our borders without dehumanising racist documentation, their poor little children freed from cages, to invigorate the decayed cities.There are already lists of the scum who have opposed our rightful place in the white house.

Good bye HK and Taiwan...................

 

[againsthegrain]

Good bye HK and Taiwan...................


View attachment 114554

Is it just me or the constant vaccine news seem like a perfect carrot to manipulate the dips in the market. Luckily gold seems to be getting more resilient to it, slight green today. I am only increasing my holdings here too many times in the past I have seen things unfold in front of me and sat on my hands.

 

[Garpal Gumnut]

USD $1870 looks to be support for Gold as we head in to Sydney and Hong Kong trading this morning.



gg

 

[wayneL]

Is it just me or the constant vaccine news seem like a perfect carrot to manipulate the dips in the market. Luckily gold seems to be getting more resilient to it, slight green today. I am only increasing my holdings here too many times in the past I have seen things unfold in front of me and sat on my hands.

Yes indeed, that and Fed jawboning always seems to be rather conveniently timed.

 

[Knobby22]

Good bye HK and Taiwan...................


View attachment 114554

Hong Kong happened in Trumps reign due to his weakness. Taiwan is lucky Biden won the election.

 

[qldfrog]

Rol....as is the west, going down smoothly into a sea of social justice, world outcome equity and ignorance masquerading as truth.
But now thanks governments, we have our saviour the fake vaccine...enlist, be saved..

 

[Bill M]

So I got my first bullion bar from ABC bullion. I am curious how do people here check the Gold they buy for being genuine?

Buying from a reputable dealer with brand stamped should be a good guarantee but everything can be faked as some of the stories on the internet go around.

I was simply given a bullion bar in a pouch and a invoice, is there something I should be asking or doing upon receipt in the future?

ABC are the refiners themselves. Generally when buying direct from the Perth Mint or ABC as in this case the product should be always right. I wouldn't worry too much about that and with the purchase invoice that holds a lot of weight when reselling so hang on to it. ABC will always buy back from you but it will be a bit below spot. The actual invoice comes in handy when trying to resell on Facebook or other Silver Stacker forums where you can get at least spot if not more if it is something special. The only times I worry about gold being fake is on the secondary market. I'll buy smaller pieces like 1/20 to 1/10 oz gold on those forums but only from well known members that have been on the site for a long time. For big 1oz gold bars/coins I go direct to the refiners or bullion shops.

 

[againsthegrain]

ABC are the refiners themselves. Generally when buying direct from the Perth Mint or ABC as in this case the product should be always right. I wouldn't worry too much about that and with the purchase invoice that holds a lot of weight when reselling so hang on to it. ABC will always buy back from you but it will be a bit below spot. The actual invoice comes in handy when trying to resell on Facebook or other Silver Stacker forums where you can get at least spot if not more if it is something special. The only times I worry about gold being fake is on the secondary market. I'll buy smaller pieces like 1/20 to 1/10 oz gold on those forums but only from well known members that have been on the site for a long time. For big 1oz gold bars/coins I go direct to the refiners or bullion shops.

Since I put up that post I have been to abc gold now about 5 times, had a little chat with them. They showed me one of the bars I was buying on the xray and one of their scales which made me feel very solid about the product. Since they check and test all the bullion they buy back I feel pretty safe now buying from them.
I don't think I will bother buying from secondary markets ever since I would always stress about titanium rods being inside vs the small $ discount.

I made a few digital copies of my receipts since they are worth half the gold when it comes to selling and claiming cgt

Thanks for all the answers here gave me a push to start stacking

 

[noirua]

27 November 2020

 

[Joules MM1]

sell gold

or STO paper $xauusd

enjoying the ride ......and you can too

 

[peter2]

What? You think there's more room on the down side? I think 1760 is about it.