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RE: Lions, Stock Market Updates Plus: Gold, Silver, Dollar, Bonds. By Gregory Mannarino

in #money7 years ago

I agree Munchell.

I don't bother watching the Australian markets because Australian markets are intimately linked with what happens in the US.
When America stumbles the rest of the world gets bloody knees.

Greg is my "go to" guy about markets, trends and market drivers.
I'll watch Greg Hunter on the rare occasion and I should thank Greg H because that is where I first discovered
Greg M. when they were discussing the central bankers and Trump.

I wince everytime Greg mentions klepto currency but, hey, no one's perfect.

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There are warning signs in the Australian markets too.

Isn't there an astronomical housing bubble in Oz at the moment, that is ready to pop at the smallest event? "Oh no a squirrel farted, shit we are all screwed in negative equity purgatory."

Fortunate for me I don't have any equity tied up in Australia's housing market nor any debt.
I did open a buyers account with The Perth Mint (in Australia) to buy silver bullion directly.
There are a few hoops to jump through to open an account and there are different requirements for Australian citizens and for overseas buyers but well worth the effort IMHO.
I sidestep brokerage fees and they also organise serure shipping of my bullion to my door.
No derivitaves for me.

Do you have to pay VAT(Tax) on silver in Australia?