Will the Gold Rush Persist

[fire]

For your reading pleasure!

https://www.sc.com/sg/wealth/insigh...LKN8B812o4hDZabCzw_aem_V7MyOJa7bXrHVyNFZB8NjA

Now at resistance 3.76k

Resistance 3.8k broken today

 

[Squaredot]

Last time buy to look stylo, now become accidental investment. Never wear already, just sitting there collecting value. Gold price so high now, time (not yet hit my target) to cash out before it starts collecting dust and regrets.

Last time I also bought to stylo milo. After some years, they are collecting dust in the drawer. Still have the handwritten receipt of each piece.
Where is the best place to sell them idk.

 

[lousylah]

[NEW LAUNCH] Investment grade bars by Singapore Mint :

https://lionbullion.com.sg/

No CC surcharge (great for milesgeeks) and free vaulting for >10oz.

no need queue at UOB anymore for the conservative risk adverse buyers that do not trust other bullion shops/traders.

 

[fire]

[NEW LAUNCH] Investment grade bars by Singapore Mint :

https://lionbullion.com.sg/

No CC surcharge (great for milesgeeks) and free vaulting for >10oz.

no need queue at UOB anymore for the conservative risk adverse buyers that do not trust other bullion shops/traders.

Buyback prices not bad, comparable to UOB but they sell much more ex than UOB

 

[tomicaguy]

To think that I was at the gold bullion store when gold was at 2000, but didn't bought any gold.

 

[junlove]

i prefer if they used the traditional Lion Head Symbol instead....

 

[Shion]

[NEW LAUNCH] Investment grade bars by Singapore Mint :

https://lionbullion.com.sg/

No CC surcharge (great for milesgeeks) and free vaulting for >10oz.

no need queue at UOB anymore for the conservative risk adverse buyers that do not trust other bullion shops/traders.

SG Mint I remember their prices mark up very high.

i prefer if they used the traditional Lion Head Symbol instead....

Something like this ?

 

[Shion]

To think that I was at the gold bullion store when gold was at 2000, but didn't bought any gold.

Not to worry, you are not alone.
Gold is something that every year and every generation will look back and regret "why I didnt buy more last time", as the prices are moving upwards in the long term.

 

[i_dun_understand]

Check with Sifu here. If buy Gold ETF like GLD, are we subject to US tax on the capital gains ?

 

[Lighthand]

Check with Sifu here. If buy Gold ETF like GLD, are we subject to US tax on the capital gains ?

What platform are you buying the ETF from. If it's via a Singapore platform, in general there is no capital gain tax nor are you required to pay US tax.

If however you are a US citizen or some perm resident, I think the US IRS tax code will kick in...

 

[Lighthand]

USD4000 an ounce coming soon?

 

[i_dun_understand]

What platform are you buying the ETF from. If it's via a Singapore platform, in general there is no capital gain tax nor are you required to pay US tax.

If however you are a US citizen or some perm resident, I think the US IRS tax code will kick in...

Thanks for the info. Using moomoo SG to buy. Was reading some info online and say subject to tax

 

[DevilPlate]

can consider using ocbc app to trade as well.

 

[Lighthand]

With the US shutdown and the new tariffs on pharmaceuticals, furniture and soon semi conductors. Looks like more and more people are looking for safe haven assists.

Hopefully things will stabilize soon...

 

[fire]

USD4000 an ounce coming soon?

Maybe by end of oct.. now arl USD3930

 

[royalmix]

4k

 

[Lighthand]

Maybe by end of oct.. now arl USD3930

Don't even need to wait... just hit 4K today...

 

[fire]

Don't even need to wait... just hit 4K today...

I know, now already 4029

 

[tomicaguy]

At this rate, USD5000 is not far fetched.

 

[lousylah]

watch with open mind and pinch of salt