Investing in precious metals

[HavocXphere]

Toying with the idea of sticking a fair bit of money into gold/silver/plat.

I reckon they might all do pretty well on a say 3 year time horizon. Stock market is feeling a little overcooked so that is going to bomb eventually. Metals seem reasonably safe & they're all at near term historic lows.

What you you guys think.

[MENTION=163290]ichocolate[/MENTION] - saw you're related thread

 

[Tovad]

Toying with the idea of sticking a fair bit of money into gold/silver/plat.

I reckon they might all do pretty well on a say 3 year time horizon. Stock market is feeling a little overcooked so that is going to bomb eventually. Metals seem reasonably safe & they're all at near term historic lows.

What you you guys think.
[MENTION=163290]ichocolate[/MENTION] - saw you're related thread

Yes I spent a large part of my life with AngloPlatinum - let me know what you discover about investing locally in the physical metal (Pt) or even the other PGM's (Rh Ir Ru Pd Os) - most probably as compounds for the latter.

This may also be of interest on Moneyweb today:
https://www.moneyweb.co.za/moneyweb-radio/whats-been-happening-with-the-platinum-price/

 

[rietrot]

The easiest is probably kruger rands and just hiding it properly. I have a few old julery pieces lying around that I got from family, but that's about it for when the SHTF

I think SA shares is pretty safe it already fell and is one of the cheapest. All just depending on the land and political BS.

 

[bchip]

I think SA shares is pretty safe it already fell and is one of the cheapest. All just depending on the land and political BS.

??

The current PE ratio of the index is around 21 and the average or "fair value" is around 16
which means the index needs to drop around 30% more before its just average (not cheap)

 

[rietrot]

??

The current PE ratio of the index is around 21 and the average or "fair value" is around 16
which means the index needs to drop around 30% more before its just average (not cheap)

Exclude naspers and try again. Why would anyone in their right mind just buy an index, that's extremely lazy.

The most expensive thing I own is capitec at PE of 21 which I think is justified with their growth aspects everything else is under 15 most under 10.

 

[bchip]

Exclude naspers and try again. Why would anyone in their right mind just by a index that's extremely lazy.

You mean besides all the other threads that just keep punting ETFs?

And so your saying that if the market was to fall 30% and Naspers was to go down every day
that your shares would just fly...

 

[rietrot]

You mean besides all the other threads that just keep punting ETFs?

And so your saying that if the market was to fall 30% and Naspers was to go down every day
that your shares would just fly...

Go and look at most mid cap companies they already lost their 30% this is the bottom for most of them. They'll probably experience some short term volatility with whatever the market does, but yeah I expect long term I am buying some decent financially sound companies that will fly.

ETFs is probably best for the average person that doesn't know how to read financials. It doesn't work in the context of this thread with the idea that global markets are set for a correction. You can probably still find good ETFs if you know what you are doing.

 

[bchip]

ETFs is probably best for the average person that doesn't know how to read financials.

You mean like all those CA's that read steinhoffs financials...or Enrons financials
or [insert any Resource company in 2007 here] financials or SA Coal Minings financials
or [insert any IT company in 2000 here] or African Banks financials or....

You know the ALSI is the average of what CA's returns are (that read financials)

 

[rietrot]

You mean like all those CA's that read steinhoffs financials...or Enrons financials
or [insert any Resource company in 2007 here] financials or SA Coal Minings financials
or [insert any IT company in 2000 here] or African Banks financials or....

You know the ALSI is the average of what CA's returns are (that read financials)

What's the point of your BS dishonest argument?

Steinhoff misrepresented their financials. It's fraudulent and a lie. Whoever was responsible for that should be in jail.
African bank was known for their very risky lending.
IT companies in the 2000 were bought for the "growth" potential not because of their financials. The same as Naspers now, If you buy Naspers today it isn't because you think it is a good company and it is fairly priced today. That's silly at a PE of 100. Anyone who knows what they are doing and buys Naspers today as a long term investment is because they think all their e commerce stuff will continue to double year on year for the next 5 years, that probably justify today's price. Anyone else just hopes the price will continue to go up for no specific reason, that's very risky and probably only greed driven.

 

[HavocXphere]

To clarify I'm not asking how but rather whether you think it's a good idea given current conditions.

The "how" will be via whatever ETN has lowest fees. I've got access to US/EU markets so that's not an issue.

Yes I spent a large part of my life with AngloPlatinum - let me know what you discover about investing locally in the physical metal (Pt) or even the other PGM's (Rh Ir Ru Pd Os) - most probably as compounds for the latter.

This may also be of interest on Moneyweb today:
https://www.moneyweb.co.za/moneyweb-radio/whats-been-happening-with-the-platinum-price/

Yeah that's what got me think. Have been planning to rotate into treasuries, but starting the think metals may be a better plan.

The easiest is probably kruger rands and just hiding it properly.

Not particular worried about safety of ETNs vs physical gold. Just thinking the equity market as a whole might take a nose dive. Like yesterday pretty much every share i own was up 10%...that's not normal.

...

I take it bchip stands for big chip on shoulder?

 

[Tovad]

I see Metcon sells platinum bars
https://wealth.metcon.co.za/

1 oz Platinum Minted Bar Spiral Of Life R15,234.71

 

[Tovad]

https://www.moneyweb.co.za/news/ind...cious-metal-set-to-blossom-as-shortage-looms/

Rh the third rarest PGM....

Buying it as a chemical compound is an option not explored in the article