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Where/How to buy precious metal in Asia?

 
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chaz47



Joined: 22 Apr 2005
Posts: 157

PostPosted: Mon Nov 27, 2017 3:15 pm    Post subject: Where/How to buy precious metal in Asia? Reply with quote

Probably a bit odd for this forum, but I'm worried about the state of the petrodollar and would like to move my a big portion of my ESL savings into precious metals that I can see with my eyes and hold in my hand. If you can help me out, I'd greatly appreciate it. I'm currently in Vietnam and like it a fair bit. But I do have to make a visa run soon if there are any neighboring countries you might recommend for safety, quality, etc.
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scot47



Joined: 10 Jan 2003
Posts: 15316

PostPosted: Mon Jan 29, 2018 7:44 pm    Post subject: Reply with quote

Your Pension Fund is going to be a gold ingot that you schlepp around with you ?
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suphanburi



Joined: 20 Mar 2014
Posts: 891

PostPosted: Tue Jan 30, 2018 12:53 am    Post subject: Reply with quote

You are aware that owning and carrying precious metals (the physical stuff) other than jewelry is still against the law in many places and carrying the same across international borders can be restricted or prohibited without licenses to do so?
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With precious metals, the same as currency or a a bearer instrument , you are also restricted in the amount you can carry internationally without declaration when it is legal to carry.

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tbear2



Joined: 27 Feb 2010
Posts: 12

PostPosted: Sun May 06, 2018 1:29 pm    Post subject: Reply with quote

Since you're in SEAsia, try Singapore? I hear they have trustworthy banking institutions, and gold vending machines. Don't lug your ingot around Vietnam -- it's bound to get you a knife in the back someday.
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Hermosillo



Joined: 17 Jun 2014
Posts: 176
Location: Chiang Mai, Thailand

PostPosted: Mon May 07, 2018 9:40 am    Post subject: Reply with quote

there are thousands of good shops in Thailand...however, others are spot on...there are literally lots of carrying costs...just buy the GLD....but you can add the renters as a second group, who get slaughtered in the long run. And don't get me started on the bitcoin conmen...sheesh. What ever happened to people being plain old CIA assassins? Now, they all claim they got rich in bitfarce.
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