Deleted

For all things financial
YAFretter
Posts: 16
Joined: Wed Aug 20, 2025 8:34 am

Deleted

Post by YAFretter »

Deleted
Last edited by YAFretter on Wed Sep 03, 2025 12:30 pm, edited 1 time in total.
User avatar
pseudonym
Posts: 5496
Joined: Wed Jul 27, 2011 10:11 am
Location: East Midlands

Re: Perth Mint changes

Post by pseudonym »

If you don't hold it you don't own it. :shock:

I'd see about converting it to physical gold @ £2600 per troy ounce but that's just me.
Two is one and one is none, but three is even better.
User avatar
itsybitsy
Posts: 8848
Joined: Sat Nov 27, 2010 5:51 pm
Location: East Yorkshire

Re: Perth Mint changes

Post by itsybitsy »

Never would I consider this. As Pseud says - if you don't hold it you don't own it. I would be acquiring my holdings in physical form ASAP if it was me in this position.
YAFretter
Posts: 16
Joined: Wed Aug 20, 2025 8:34 am

Deleted

Post by YAFretter »

Deleted
Last edited by YAFretter on Wed Sep 03, 2025 12:31 pm, edited 1 time in total.
Winterprep
Posts: 161
Joined: Thu Oct 15, 2020 7:55 am

Re: Perth Mint changes

Post by Winterprep »

Sorry can’t help you with your decision on converting and I’m no financial expert.

Interesting that people do this sort of thing with a physical asset as opposed to buying shares in stocks.

I hold PMs of my own and it doesn’t take up much space and can be secured easily in a home.I have also sold back some gold when I’ve been in need of some cash with no issues at all.

Though what works for me isn’t for everyone.Good luck with your decision.

WP
YAFretter
Posts: 16
Joined: Wed Aug 20, 2025 8:34 am

Deleted

Post by YAFretter »

Deleted
Last edited by YAFretter on Wed Sep 03, 2025 12:32 pm, edited 1 time in total.
User avatar
pseudonym
Posts: 5496
Joined: Wed Jul 27, 2011 10:11 am
Location: East Midlands

Re: Perth Mint changes

Post by pseudonym »

YAFretter wrote: Tue Sep 02, 2025 5:12 pm Snip> I got a good look at his unusual wallet and asked him to show me what I'd seen. It was backed with something that looked like a Cadbury's chocolate bar with smaller squares. Turned out it was made of pure silver! The chocolate bar layout enabled him to peel off individual "servings", I think he reckoned they worth 5 euros each at the time. He was expecting to take the bar to the trading post after the balloon went up...
Something like a Valcambi 10 x 10g Silver CombiBar?

https://www.thegoldbullion.co.uk/buy-si ... -valcambi/
Two is one and one is none, but three is even better.
ForgeCorvus
Posts: 3277
Joined: Fri Feb 08, 2013 11:32 pm

Re: Perth Mint changes

Post by ForgeCorvus »

YA: I know you've said your paper-gold represents a significant value, how would you fare if you needed to convert it to currency with regards to Capital Gains ? Whereas Sovereigns or Britannias are CGT exempt (currently anyway) other gold holdings are not.

I'll assume that digital trading is no safer or riskier then your existing option of trading? In which case go with ease of use.
jennyjj01 wrote:"I'm not in the least bit worried because I'm prepared: Are you?"
Londonpreppy wrote: At its core all prepping is, is making sure you're not down to your last sheet of loo roll when you really need a poo.
"All Things Strive" Gd Tak 'Gar
YAFretter
Posts: 16
Joined: Wed Aug 20, 2025 8:34 am

Deleted

Post by YAFretter »

Deleted
Last edited by YAFretter on Wed Sep 03, 2025 12:31 pm, edited 1 time in total.
User avatar
itsybitsy
Posts: 8848
Joined: Sat Nov 27, 2010 5:51 pm
Location: East Yorkshire

Re: Perth Mint changes

Post by itsybitsy »

YAFretter wrote: Tue Sep 02, 2025 2:04 pm Umm, these responses are sufficiently engaging that I will attempt to reply at 1. However, I'm doing so out of politeness. I already took the decision not to hold physical gold when I bought the certificate 20 years ago. Since that particular ship has sailed, I restate my original query at 2. below.
:roll:

Umm, please don't antagonise the mods (or anyone else for that matter). You posted. You got responses. Trying to then tear those responses down will ill-advised pomposity won't fly here - you did not specify in your OP that you had already 'took the decision not to hold physical gold' and, quite frankly, I couldn't care less whether you think our responses were 'sufficiently engaging' or not but YOUR response says more about you than it does about anyone else who took the time to reply to you. You sound like an arse - get a grip.