$1,500,000 in Gold and Silver

hchcoin

When collecting becomes an obsession

I don't think the link works because it has am*****ed in the link

hchcoin

Who is smart enough to figure out how to get around this?

hchcoin

Here is a link to the main page without the bad word

Weiss

Cut and paste this: helping a client who gold



into google

JohnnyCache

Is there a way to read the article without having to subscribe?

jmski52

So the gist of it is that he accumulated $1.5 million over 8 years and the recommendation is to get more secure storage and to diversify.

I agree with the more secure storage.

I agree with his dollar-cost-averaging approach.

I don't agree that he should diversify. He's doing just fine.

Baley

How did he get the $1.5 million in the first place, with which to purchase the metal?

ricko

This person obviously had either significant wealth to begin with, or a major income stream

to play with.... $10-$30K a month is major... Cheers, RickO

CaptHenway

Has anybody that has a subscription to the WSJ read it yet?

BAJJERFAN

Originally posted by: Baley

How did he get the $1.5 million in the first place, with which to purchase the metal?

I'll as$umed he earned it in a legit manner. Hard to believe he'd allow this publicity if his funds were tainted. I'm sure the Government is probly curious too. One reason why there are the bullion reporting requirements. Twould be a job liquidating that much PM. One reason to buy AGEs or ASEs. Just sell em to a AP and no questions asked. I read a few months ago about a high roller who bought a bunch of AGEs and when the investment flopped he sold a few MB to Dillon Gage, an AP in Tejas.