400oz full stack pic

[Ansel]

Very, very nice. Thank you for sharing. 

[Oldun]

I dont get it. Bullion is all well and good butit is a terrible investment. 

[KDave]

Well done man, I remember when you sold your stack to pay off the mortgage which was awesome, it doesn't seem that long ago. How long has it taken you to build this goods delivery bar equivalent under 2 years? 

 

[swAgger]

4 hours ago, Oldun said:

I dont get it. Bullion is all well and good butit is a terrible investment. 

I hear you, and you mean from the point of returns on physical bullion strictly as investment. But look at it from a different perspective - with bullion as the result of your investments. What if you have already made a sizeable return from other higher risk investments. Bullion, then, for many is a safe haven for when you are exiting your previous investments, and you feel it's time to "park" those gains into something solid and safe.

This is what some have done with cryptocurrency gains, for example, with direct exchange of crypto for bullion. Although the below-the-radar exchange of those profits then raises interesting questions about capital gains taxes and the avoidance of. But never mind that, going off topic there.

 

[Roy]

I agree with both sides 

I don't see gold as a great investment either, but as you say @swAgger, it's a lovely place to park some profit or disposable income.

Would I 'park' 400oz worth? Nope, but then I don't own a Lamborghini either!

It's all relative to your personal situation I guess. If you can, why not?!

[Thelonerangershorse]

Put it this way, if you had a spare £400k would you risk just leaving  it sitting in a bank?

[Pete]

26 minutes ago, Thelonerangershorse said:

Put it this way, if you had a spare £400k would you risk just leaving  it sitting in a bank?

With a guarantee of only £85k ??? - not a chance; not in the BHS or Carillon pension funds either
 

[swAgger]

26 minutes ago, Roy said:

Would I 'park' 400oz worth? Nope, but then I don't own a Lamborghini either!

It's all relative to your personal situation I guess. If you can, why not?!

where to safely park both of those is something i'll never have to worry about either, unlike the OP. I think i remember seeing that pic one day, a yellow lamborghini wasn't it?

'Relative' is exactly right.

[swAgger]

34 minutes ago, Thelonerangershorse said:

Put it this way, if you had a spare £400k would you risk just leaving  it sitting in a bank?

 

7 minutes ago, Pete said:

With a guarantee of only £85k ??? - not a chance; not in the BHS or Carillon pension funds either
 

Sucks to be wealthy. Nothing but worries and headaches of where to put it. Pleased i've dodged that bullet - effortlessly too!

[Pete]

4 minutes ago, swAgger said:

 

Sucks to be wealthy. Nothing but worries and headaches of where to put it. Pleased i've dodged that bullet - effortlessly too!

Also worrying about inheritance tax, probate, capital gains, lawyers fees, accountants advice, discretionary trusts, kids getting kidnapped and held to ransom - maybe even hurricanes in the Caribbean if you own your own island , yacht or private aircraft. How can you sleep at night with all this pressure ? Funny how native Indians living in the Amazon with no assets appear happy !

[SilverTanner]

3 minutes ago, Pete said:

Also worrying about inheritance tax, probate, capital gains, lawyers fees, accountants advice, discretionary trusts, kids getting kidnapped and held to ransom - maybe even hurricanes in the Caribbean if you own your own island , yacht or private aircraft. How can you sleep at night with all this pressure ? Funny how native Indians living in the Amazon with no assets appear happy !

So true, but it would be nice to have the choice!

[Bullionbilly]

7 minutes ago, Pete said:

Also worrying about inheritance tax, probate, capital gains, lawyers fees, accountants advice, discretionary trusts, kids getting kidnapped and held to ransom - maybe even hurricanes in the Caribbean if you own your own island , yacht or private aircraft. How can you sleep at night with all this pressure ? Funny how native Indians living in the Amazon with no assets appear happy !

[Pete]

3 minutes ago, SilverTanner said:

So true, but it would be nice to have the choice!

Absolutely right.
Wouldn't it be nice to fly long-haul and be able to get out of your seat without climbing over your neighbours or order cocktails in a London or Paris bar without worrying about the cost ?

I worked with a colleague many years ago who made so much money during the dot.com bubble that he paid for a week's trip to the International Space Station.
He still had a lot left over for a rainy day.

[Thelonerangershorse]

4 hours ago, Pete said:

With a guarantee of only £85k ??? - not a chance; not in the BHS or Carillon pension funds either

How about the stock market?  currently at an all time high BTW.

[Strokes222]

21 minutes ago, Thelonerangershorse said:

How about the stock market?  currently at an all time high BTW.

It depends on what you want ! Stocks are fairly high but their volatility is huge as well. If you have the ability to have a well-diversified portfolio that's okay, but very difficult to achieve in reality  

[Lea79]

Wow mr dead that is one hell of a stack!!! 

[Strokes222]

Btw, just by seeing this stack, my jaw dropped  

[Tpbullion]

Awesome @mr-dead that is one great haul and something I aspire to! Keep stacking bud! Cheers for sharing!

[Sal]

On 1/30/2018 at 09:35, mr-dead said:

A couple of pics of my full gold stack.

400.06 troy oz :

• 9 X 1kg bars
• $20 Eagle - Liberty Head
• 2017 Buffalo
• 2017 Kangaroo
• 2017 Maple
• 2107 Philharmonic
• 1g bar
• 2g bar
• 30th Anniversary Britannia
• 5 X 50g Valcambi combi bars
• 22 X Britannias
• 1 X 1/2 oz Britannia
• 50 X full sovs
• 45 X Krugerrands
• Mexican 50 Peso
• 2 X $50 Eagles
• Queens Beast Dragon
• Queens Beast Griffin
• Queens Beast Lion
• Queens Beast Proof lion
• Queens Beast Proof Unicorn
• Queens Beast Proff Dragon
• 2017 Piedfort sov
• 2017 Pistrucci 1/4 sov proof
• 2017 Pistrucci 1/2 sov proof
• 2017 Pistucci full sov proof
• 2016 100g proof Panda

Dont think I missed anything

 

 

What, no kilo coins? Like the kilo kangaroo

[Silverhunter]

This is great wd 

persanly I'm 2 g away from my gold target  hopfuly will get the satisfaction from that as yougot from yours.

i have a feeling you might need a panoramic photo once you hit your silver target once again wd

[Nora]

Wow, that's a seriously amazing stack!

[ROrbers]

Well done, amazing collection  These photos can be viewed every morning, they work better than coffee  

[Lowlow]

On 1/31/2018 at 03:47, Oldun said:

I dont get it. Bullion is all well and good butit is a terrible investment. 

When you are in the black, at some point you have to start putting your resources into SOMETHING, and not everyone wants ALL of their resources in the stock and bond markets, and they certainly don't like holding too much cash which is constantly being depreciated.

You basically have to buy something.  It could be real estate, corporate bonds, muni's, treasuries, collectibles, gold, silver, futures, stocks, options on anything, mutual funds, cash, forex, ... and .. that's about it, or you could start being an angel investor, etc.  Once you get to that point where you have to buy something, gold and silver start making a LOT more sense.

People forget that the stock market is actually a very small market compared to bonds, and compared to cash, etc, and not everyone wants to throw all their eggs in that basket.

Edit ... also, precious metals have one thing going for them that few assets (real estate, collectibles, maybe cash) have going for them, and that is that there is no counter-party risk.

[Lowlow]

To the OP, congratulations to you, I know you had to put a lot of work in to build a stack like that.  Thank you for what you have done for society, because society has obviously rewarded you for doing something important.

[Pipers]

Well done, in a very fast time too.  I thought I got into cyptos early you must of been in well before me and out well after. Good on you.