Can I get 1 panda please 

Can I have 2 please

I’ll take 10 please

I’ll take 10 please

Are the high premiums on these coins worth it?

This is the best coin I’ve found to date with a very low mintage. Think I’ll sick to the more popular one ounces for now though.

THAILAND 5000 Baht BE2517(1974) Rama IX, Conservation : White-eyed River Martin

On 07/10/2022 at 21:29, Mothballjim said:

 

What do you guys think the silver price will be in the next couple of years. Will it break through the £20 barrier soon?

I personally think it will be £50 an ounce in the next 5 years with the way things our going and the more informed people are becoming regarding the shambles of a monetary system we have. 

Great topic and expertly worded. 

6 minutes ago, oddball said:

i live in thailand most of the year. im constantly searching gold shops. i have never seen one. jewelry is bullion here. couldnt imagine thais caring for gold coins. i tried selling 2 gold sovs few years back. dealer looked at me like i was an idiot. told me to go to the bank. premiums here are the lowest i have ever seen worldwide  on all gold though. 300 baht (7 quid.) on a 5 baht bar. same gold content as 10 sovs. a gold chain will have less premuim than a standard bullion coin in the west . pretty much everything is 96.5%. you can get bars that are little more high premium. with thai designs. next best thing to coins i guess. you can get anything in gold here.  hand bags. chopsticks. i saw a 10 baht knife and fork the other week. pretty crazy really they they dont have a standard bullion coin that is sold in most goldsmiths. . 

Cheers for that, I’ve seen a few nice Thai bars. Beautiful county!

25 minutes ago, CollectForFun said:

 

Well there of course are Thai gold coins but none of them seems to be 1oz .999 gold. You can check their full list according to Numista website (not necessarily complete but very likely close to it).

Should you nevertheless wish to get something at least from that region there is a Laotian 1oz tiger gold coin (https://www.apmex.com/product/246165/2022-laos-1-oz-gold-2000-kip-tiger-bu-panthera-tigris) or Cambodian 1oz ... also tiger gold coin (https://goldsilver.be/en/1-oz-30gr-gold/4174-cambodia-30-000-riels-1-oz-gold-lost-tigers-2022-.html). Or some of the several Singaporean 1 ouncers. But if you want to keep it very strict only to countries which you really visited you may have to plan another holiday to these countries soon ☺️

Brilliant thanks for the info!

I'm not that strict just think it will be nice for my stack to tell a bit of a story when I hand it down.

I found this but seems fake. 

1 hour ago, CollectForFun said:

There's no Thai 1oz bullion gold coin, as far as I can see. Nor 30 gram, for that matter. Any particular reason for looking for one from Thailand specifically?

I thought is would be nice to add coins to my stack from deferent places I have travelled. I’m trying to stick to one ounce coins. 

It’s a Real minefield looking on line and a few dodgy looking sites. I can’t see any way to buy direct from the The Bureau of Royal Thai Mint. 
 

if it’s even a thing! 🤷🏼‍♂️
 

found a few smaller coins but struggling with the one ounce.

Great topic, you now have 3!

Might have another U.K. stacker joining you on YouTube soon! 

I’ve read a lot about both and done plenty of research. It is quite staggering when you compare the silver-gold ratio of today compared to years ago and how low silver seems to be. Especially with all the uses for silver in modern technology (especially EVs)

with that said I love gold! 

one saying from a YouTuber I once heard has always stayed with me.

“citizens settle debt with silver and countries settle debt with Gold.”

Just now, Mothballjim said:

I definitely see it breaking the £2000 mark within 5 years. I would even say within the next 2 years if inflation keeps rising out of control!

Me to. With the housing/stock market struggling gold will be seen as a safe haven again!  

6 minutes ago, MonkeysUncle said:

As gold is pegged to the dollar I watch the dollar price. I am short term negative, and I see it down in the 1500-1600 region.

Long term it rises, simple. If you're buying to hold 10 years + then buy. Me, I'm waiting to catch a falling dagger to move a liquidated chunk of my pension in to.

And yes, the spelks from the fence are stuck in my bum!

I agree long term and we have history to back us up. We also know people flood to gold in times of uncertainty. 

32 minutes ago, Foster88 said:

We’ve all asked and thought about this before and it’s purely anyones guess.

My prediction is that it will either go up or go down but never stay the same.

Surly with the rate that fiat currency is being inflated it’s only going to be going up overall in the next couple of years.

What do you guys think the gold price will be in the next couple of years. Will it break through the £2000 barrier soon?

I personally think it will be £2000 an ounce in the next 5 years with the way things our going and the more informed people are becoming regarding the shambles of a monetary system we have. 

Just signed up to have a look around, will be looking to add to my stack in the near future. 
 

Good to join the community.