Friday, June 7, 2013

10 Gram PAMP Suisse Gold Bar & Canadian Silver Coins

Just showing a couple pieces of gold and silver that I recently purchased. 10 gram (0.35 ounce) PAMP Suisse gold bar, and Canadian Wildlife Series 1 ounce Moose (2012) and Antelope (2013) coins. The design on the gold bar depicts Fortuna, Roman goddess of fortune. Thanks for watching.


Please note: I am not a precious metals professional, nor do I pretend to be. I'm just some random person on YouTube showing a few coins. Please perform your own due diligence before deciding to invest in precious metals. This video is only for your entertainment, it is not investment advice of any kind. Thanks

India: Govt told to raise import duty on Gold

KATHMANDU, June 7: Gold traders have requested the government to raise import duty on gold.

They made such a request arguing that duty hike on gold in India would spur smuggling of yellow to the southern neighbor at a time when the local market is facing shortage of gold.

India on Wednesday hiked gold import duty from 6 percent to 8 percent to curb its current account deficit.

“At a time when the domestic market is facing gold shortage, the recent duty hike in India might increase gold smuggling to India,” Mani Ratna Shakya, president of Federation of Nepal Gold and Silver Dealers´ Associations, told Republica. “Hence, we have requested the government to hike the duty as soon as possible.”

If customs duty on gold is raised in line with India, the yellow metal will be dearer in the domestic market by around Rs 1,000 per 10 grams. But traders have requested the government to increase the import duty by at least Rs 1,500 per 10 grams to prevent smuggling of gold to India.

“If the government does not raise duty immediately, the duty hike in India, which has made gold expensive there compared to the local market, will encourage smugglers to illegally export the yellow metal to India to get Indian currency which is selling at higher rates in black market,” Shakya added.

 http://www.myrepublica.com/portal/index.php?action=news_details&news_id=55836


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Robert Kiyosaki ‏: For many, a student loan will be the proverbial albatross around their neck for life.



Robert Kiyosaki ‏: For many, a student loan will be the proverbial albatross around their neck for life.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : Money is a precessionall event


Robert Kiyosaki : Money is a precessionall event. If you do what you were created to do, money will find you.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : Schools manufacture people who think that they're smart but they're not.


Robert Kiyosaki : Schools manufacture people who think that they're smart but they're not.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki : It is insane to tell your child, Go to school and get a job.



Robert Kiyosaki : It is insane to tell your child, “Go to school and get a job.” Insane.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Millions of retirees, or soon-to-be retirees, live in fear of outliving their retirement savings.

 Robert Kiyosaki ‏: Millions of retirees, or soon-to-be retirees, live in fear of outliving their retirement savings.



Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Vince Lanci Responds to Nouriel Roubini's Bearish Gold Forecast Kitco News





Many holders of gold store it in form of bullion coins or bars as a hedge against inflation or other economic disruptions. However, economist Martin Feldstein does not believe gold serves as a hedge against inflation or currency depreciation.[35]
The ISO 4217 currency code of gold is XAU.
Modern bullion coins for investment or collector purposes do not require good mechanical wear properties; they are typically fine gold at 24k, although the American Gold Eagle and the British gold sovereign continue to be minted in 22k metal in historical tradition, and the South African Krugerand, first released in 1967, is also 22k.[36] The special issue Canadian Gold Maple Leaf coin contains the highest purity gold of any bullion coin, at 99.999% or 0.99999, while the popular issue Canadian Gold Maple Leaf coin has a purity of 99.99%.
Several other 99.99% pure gold coins are available. In 2006, the United States Mint began producing the American Buffalo gold bullion coin with a purity of 99.99%. The Australian Gold Kangaroos were first coined in 1986 as the Australian Gold Nugget but changed the reverse design in 1989. Other popular modern coins include the Austrian Vienna Philharmonic bullion coin and the Chinese Gold Panda.
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