Fortunate for me I don't have any equity tied up in Australia's housing market nor any debt.
I did open a buyers account with The Perth Mint (in Australia) to buy silver bullion directly.
There are a few hoops to jump through to open an account and there are different requirements for Australian citizens and for overseas buyers but well worth the effort IMHO.
I sidestep brokerage fees and they also organise serure shipping of my bullion to my door.
No derivitaves for me.
RE: Lions, Stock Market Updates Plus: Gold, Silver, Dollar, Bonds. By Gregory Mannarino
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Lions, Stock Market Updates Plus: Gold, Silver, Dollar, Bonds. By Gregory Mannarino
Do you have to pay VAT(Tax) on silver in Australia?
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