Poll: What percentage of your gold is held in physical form?

Discussion of the Gold portion of the Permanent Portfolio

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What percentage of your gold is held in physical form?

Poll runs till Wed Jun 19, 2058 10:05 am

0-19%
33
55%
20-39%
2
3%
40-59%
9
15%
60-79%
4
7%
80-100%
12
20%
 
Total votes: 60
barrett
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Re: Poll: What percentage of your gold is held in physical form?

Post by barrett » Thu Mar 27, 2014 8:14 am

That's why we microwave pizzas sometimes instead of washing green leaf lettuce and making a nutritious salad. That's all I meant.
Plus, let's face it, dualstow, after eating that leafy-green "nutritious salad", we are still hungry.

On a side note, it astounds me that folks order gold to be delivered through the mail. If I did that, I'd be waiting outside for the mailman 24 hours a day. Is the savings on what the mail order places take above the spot price a so great, or is it just convenient (like microwaving the pizza)?
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dualstow
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Re: Poll: What percentage of your gold is held in physical form?

Post by dualstow » Thu Mar 27, 2014 9:50 am

barrett wrote:
That's why we microwave pizzas sometimes instead of washing green leaf lettuce and making a nutritious salad. That's all I meant.
Plus, let's face it, dualstow, after eating that leafy-green "nutritious salad", we are still hungry.
Yes!  :)
On a side note, it astounds me that folks order gold to be delivered through the mail. If I did that, I'd be waiting outside for the mailman 24 hours a day. Is the savings on what the mail order places take above the spot price a so great, or is it just convenient (like microwaving the pizza)?
Regarding mail delivery: I don't own a car, so my only options are to walk it over or use the mail. I walk small orders home from my local dealer-- searching this forum for "hiding places" might turn up a good thread on disguising gold, although I cannot remember if I revealed what I use.

For most orders my best option is the mail, especially now that I use a dealer up in New Hampshire. He expresses the order for $25, and that includes insurance.

I did panic when my 2nd or 3rd order from my previous dealer (A.J.P.M.) was rather late, but it came through and all was well. Plus, now we're temporarily in an apartment with a guard and a package room. Things could still go wrong. In fact, the package will probably come on the same day that renovation on my house begins, but I think it'll be fine. A little stress makes me feel alive.
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Pointedstick
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Re: Poll: What percentage of your gold is held in physical form?

Post by Pointedstick » Thu Mar 27, 2014 11:00 am

barrett wrote: Plus, let's face it, dualstow, after eating that leafy-green "nutritious salad", we are still hungry.
My solution to this problem is to add bleu cheese, olive oil, and vinegar. Fills me right up and it's even pretty healthy. The ingredients are all pretty cheap at Costco, too.
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k9
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Re: Poll: What percentage of your gold is held in physical form?

Post by k9 » Mon Mar 31, 2014 4:34 am

100% physical here. To each his own, but I don't really get the "I'm 100% ETF because that's more convenient". You are not supposed to ever sell your whole gold portion (except in armaggedon scenarios). So you can hold a stable foundation (say, 1/3rd of it you will probably never, ever sell) as physical gold and keep the potentially-rebalanced 2/3 in ETFs.
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vnatale
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Re: Poll: What percentage of your gold is held in physical form?

Post by vnatale » Mon Mar 30, 2020 8:31 pm

Time for current forum members to vote?

Of all the posters in here so far I'm only recognizing as two (Ad & Dualstow) still being active in the forum.

Here the what the results look like prior to any further voting. Curious to see if current voting changes the percentages in any way.

Vinny
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ochotona
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Re: Poll: What percentage of your gold is held in physical form?

Post by ochotona » Mon Mar 30, 2020 9:08 pm

Get the package sent to a UPS Customer center. Go and get it yourself. They are liable for the full value until you put your hands on it. That's recommended by Texas Precious Metals.

77% physical.
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vnatale
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Re: Poll: What percentage of your gold is held in physical form?

Post by vnatale » Mon Mar 30, 2020 9:19 pm

ochotona wrote:
Mon Mar 30, 2020 9:08 pm
Get the package sent to a UPS Customer center. Go and get it yourself. They are liable for the full value until you put your hands on it. That's recommended by Texas Precious Metals.

77% physical.
Your above answer was actually quite priceless to me as it's been one of THE burning questions and one of my fears. What happens if I expend ALL this money and it never makes it to me! Do I ask them can we do this in five separate purchases so the maximum I lose is 20% of the buy? Or, does that raise the likelihood of a loss?

I'm now taking your recommendation as my full gospel but amending it with..."and immediately start driving to each of the banks whose safety deposit boxes you will be using to store it!"

Thanks

Vinny
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dualstow
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Re: Poll: What percentage of your gold is held in physical form?

Post by dualstow » Mon Mar 30, 2020 9:30 pm

I wish my dealers offered UPS. If I recall, they all used Priority Mail (USPS). Maybe there’s some way to work that out?

Looking back at page one (2013), ugh. I want nothing to do with gold ETFs now. Also, that New Hampshire dealer did send a shipment to the apartment after we had moved back into our home. Luckily, the package was not lost and made its way back to him.
Statue in the square /Meant so much when it first stood
People come from far and near/ To bless them if, bless them if it would
Strange times are here
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ochotona
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Re: Poll: What percentage of your gold is held in physical form?

Post by ochotona » Tue Mar 31, 2020 7:05 am

Dear Mr. Ochotona Princeps,

Thank you for your order.

We have noticed that you have specified a UPS Store as your delivery address:

c/o The UPS Store
6031 Hwy 6 N, Suite 165
Houston, Texas, 77084

As you know, we ship all of our packages via UPS overnight delivery.

However, what is unique about this service is that UPS Capital insures 100% of all of the packages we ship - not a third party, and not self-insurance. In simple terms, UPS has 100% skin in the game.

As part of that commitment, UPS releases their insurance commitment at signature. If a package is stolen at the privately owned UPS Store, they will not insure it from that point forward, even if you have not signed for the package. (A UPS Stores insurance usually covers up to a value of $1000).

The UPS Customer Center is different, because only the client’s signature suffices to release UPS’s liability. This is the reason for the UPS Store restriction - we can of course ship to the store if you have an account with them and are prepared to waiver insurance (once delivered).

Your nearest UPS Center is:

UPS CC - HOUSTON
8330 SWEETWATER LN, HOUSTON, TX, 77037-3616
Tel: 800-742-5877

Alternatively we can ship to a physical address (home or work place).

Please confirm how you wish to proceed.

Kind Regards,

Andrew.
--
Andy McIvor
Email: andy@texmetals.com
Phone: 361.594.3624
959 Hwy 95N Shiner, TX 77984
Visit our Website texmetals.com
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technovelist
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Re: Poll: What percentage of your gold is held in physical form?

Post by technovelist » Tue Mar 31, 2020 8:15 am

dualstow wrote:
Mon Mar 30, 2020 9:30 pm
I wish my dealers offered UPS. If I recall, they all used Priority Mail (USPS). Maybe there’s some way to work that out?

Looking back at page one (2013), ugh. I want nothing to do with gold ETFs now. Also, that New Hampshire dealer did send a shipment to the apartment after we had moved back into our home. Luckily, the package was not lost and made its way back to him.
Every dealer I know ships via registered insured mail. Those packages don't get "lost" in transit.
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dualstow
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Re: Poll: What percentage of your gold is held in physical form?

Post by dualstow » Tue Mar 31, 2020 8:20 am

Mine were Insured too, yes.
Statue in the square /Meant so much when it first stood
People come from far and near/ To bless them if, bless them if it would
Strange times are here
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