Should you invest and buy THAI GOLD, is it safe and a good idea?

Comments · 370

• MI

  @Mistyhil · 2 years ago · pinned

  :) Gold is Gold and its good.... as far as investment goes it does not matter where you buy it.... you buy low and sell when higher lol sell after ELON does something foolish or some one launchs a war or stock market crashs. basically if the world secure then the trend lower... if the world in a mess it trends higher.... but price should be the same for all... but it can change minute by minute according to gold exchange. in somewhere like thailand though where banks once were bad then gold was alwys safe hense the tradition of people literally wearing there saving on them and thai jewelry pure as 21k is pure just like a bar.

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• SC

  @scourts8275 · 1 year ago

  Well as of may 2025, you have made around 30,000THB on an investment of 80,000THB not bad at all.

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• JE

  @jeoffreymealey · 1 year ago

  Cost me 5000 baht a month ago , worth every cent. Was done in 30 mins (to open a bank account)

• B.

  @B.Jones11 · 1 year ago

  Gold is a precious metal, it will keep going up over time, especially now with the pending world economic crisis and hit war in Middle East possibly in Ukraine and China see which all may happen in the next few months, however it’s generally a long term investment. Also the US dollar reserve currency is under great threat with also the rapidly growing BRICS. I would therefore say that gold is a very good investment, but you need to be able to sit on it for a few years. It’s highly unlikely you can invest in it, unless you have a lot of spare money invested, that it’s going to pay back well in a few months. Hope this helps.

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• MA

  @Massimus888 · 2 years ago

  Trev, did you ever take up a loan in a Thai bank before? House, car loan etc. Was it a hassle or easy peasy? Maybe the agent can help.

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• SH

  @ShoelessNomadThailand · 2 years ago

  Gold will always protect wealth. Only 1% of the planet own it. I retired on my gold investments dating back to the 70s. Would I buy gold at the moment? No because it's over valued.

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• LU

  @Luciphers_Workshop · 2 years ago

  Anyone know why thai gold is 23k?

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• TO

  @TomRobertson-ss2mw · 2 years ago

  10% of monthly salary . Mixed metal gold, silver so on. Diversifying is the best way . 6 months expense in bank . 3 months in safe. Then invest . Metal investing is keeping your money . Not to make money .😉

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• RE

  @redback38 · 2 years ago

  In my opinion, Small investment ok, but large investment being kgs, i would not, reason being you just cant trust the sellers theres all kinds of scams, in the west we can call the cops but in asia its  just to bad. Not worth the risk

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• WA

  @waynetowers5828 · 2 years ago

  For bank account <br>You need letter stating where you live <br>I e a yellow book if you have a house with your wife <br>You need a visa like retirement visa with a letter from immigration verifying your passport <br>A marriage certificate <br>And a drivers license at some banks <br>Just opened my second bank account this year

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• UP

  @UP-2-U · 2 years ago

  I am not an investment advisor or expert on the matter.<br>I am just playing a numbers game here.<br>And the numbers I have used are approximations.<br>Lowest gold price in last 55 years <br>1970 Gold = US$300 / Oz <br>Now 8/2024 <br>2024 Gold = US$2,500 / Oz <br> <br>Decrease in value of US$1 <br>US$1 in 2024 is now = US$0.12 of 1968 US$1 <br> <br>US$1 in 1968 = 8 Philippine pesos <br>US$1 in 2024 = 55 Philippine pesos <br> <br>Increase in Gold Cost/Price / Oz from 1968 to 2024 = 800% <br>Increase in US$1 VS Philippine peso from 1968 to 2024 = 687% <br> <br>Slight advantage to Gold value over 55 year span <br>but essentially the cost/price of gold follows inflation. <br>That is why gold is a good hedge against inflation <br>over the long term because gold&apos;s value remains constant. <br>Currency has a great disadvantage over the same time span due to inflation. <br> <br>Generally gold is not an investment(?) because it&apos;s value <br>does not increase, it just follows inflation. <br> <br>An investment should increase in value over time. <br>For a real increase in value the investment should <br>increase at a rate greater than the rate of inflation. <br>Over a long time span inflation runs about 4~5%. <br>Therefore an investment should increase in value <br>by at least 6% but 8% or more is better. <br>It is almost impossible to find a guaranteed investment <br>strategy that will return over 5%. <br>Therefore investments, including speculation in gold,<br>are always a gamble but the only real way to realize an increase in value.

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• AC

  @accadacastkr4912 · 2 years ago (edited)

  buying 96%au , is not bullion and there for it attracts a gst , &nbsp;, i looked at the gold there , and as a stacker of 3 yrs , i would not buy it , go for 999.9 stuff , , if you do buy it pay cash , and should u do buy the 96% stuff there refine it , to 24k , not the 22k that it is , &nbsp;gold has rizen , &nbsp;by 1550 aud in 8 months <br>when i started 1oz 999.9 au was 2100 aud to buy, now its 3,800 aud to buy , my gold stacking paid for my recent holiday to pattaya , sorry i didnt get to your bar trev , &nbsp;fyi, u but that jewlery gold &nbsp;, it get classed as scrap gold when sold to a billiin dealer , there are many stacking channels on utube for you to check out,

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