Fractional Gold & Silver

China Gold Coin-

Huge Chinese appetite for gold and silver products.

What I like about this market is the option to buy physical precious metals in fractional pieces.

http://www.goldshark.com/

1099 Reporting - The 1099 reporting of payment of over $600/year to corporations will only apply to cash, check or barter according to the IRS. It may be time to institute a policy of paying corporations via credit or debit card. This comes about because starting next year credit card processors will be required to report total annual credit card transactions to the IRS via 1099-K; the IRS will be able to compare a corporations gross receipts with the report from the credit card processor.

Expect prices to jump dramatically as well as shortages in the next month.

****If you are looking to purchase a unique item from Asia, I can help you. Just ask...

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[geniusmarketing08]

I buy in Jade from China and it is amazing stuff..I especially like zipao (purple/green) Jade carvings...isnt it the emerald green jade that is most lusted after, rather than pale jade though? As you say, it's another store of value that is sure to rise in China...maybe we should be buying silver and jade mainly haha

[clearasvodka]

@geniusmarketing08 The only problem with Jade is that there is no unit of measurement or standard, i.e. market price for it. One dealer may sell the same Jade piece for twice as much as another. In a way, it is like diamonds which have properties but no weight and volume unit of measurement. Gold & Silver have spot prices and can easily be debated as to what is a fair premium, etc.

[beerandgolf68]

I always enjoy your videos. We love Pandas! Didn't the 1099 thing get repealed?

[clearasvodka]

@beerandgolf68 Yes, I think you are right. Remember, I have not been in the United States but once in the last 3 years. So, my info is not always spot on. Hehe! Although I did read that Tennesse and Lousiana have implemented new laws that require all transactions of used items to be conducted via electronic bank transfer or credit card. No cash! Seems the "Powers that Be" are hell bent on taxing every single transaction you make. Electronic barter and trade? Not on my watch...

[beachbumsocal]

100RMB= how many US dollars?

[clearasvodka]

@beachbumsocal As of today - $15.77

[geniusmarketing08]

@clearasvodka Yes indeed, that is the problem..if I was buying diamonds for investment, maybe Id look at only the coloured ones like argyle pink...pretty much a specialist market though due to price, but at least they are universally appraised and sold at the argyle tender...if that's not concentrated wealth, I dont know what is...I have held a .40ct in my hand valued at $140k...amazing, but sure to go balistic when the fat cats want to invest in hard assetts due to supply,

[clearasvodka]

@smiles12331 In UK I am not sure. But try your local coin dealer. Also contact me via e-mail and I will try to hook you up with a local dealer in China to deal with your requests.

[hendo19742]

WITH GOLD SET TO DOUBLE FROM WHERE IT IS AND EVEN TRIPLE, KEEP STACKING, SAME WITH SILVER!

[smiles12331]

where can i get this stuff in uk?....always lov ur vidz :)

[halfasheep]

Nice to offer passage of Pandas.

I would just love to hang in China again.

It will happen. Zai jian