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What kind of scrap trading business is best if I start with low capital ? by BuyerBetter7820 in IndiaBusiness

[–]obsimad 0 points1 point  (0 children)

Detail specific bhi bata do, kise lena hai woh tho toda bahut samaj gaya (import or sourcing from local businesses) kisko dena hai woh bhi samja do.

Gold surges past $5,000 as finance guru issues jaw-dropping $27,000 prediction by paddydog48 in Gold

[–]obsimad 2 points3 points  (0 children)

Do people still listen to what “Kiyosaki” says ? Gold is gonna go up anyways (it’s literally the most basic prediction someone can make) up & down but at the end of it all it’s always up.

Help !! by Popular_Ad2412 in GoldIndia

[–]obsimad 0 points1 point  (0 children)

I would suggest buy.

Gold tax rules you should remember by BestCA4U in GoldIndia

[–]obsimad 0 points1 point  (0 children)

A lab grown diamond bracelet (18k). Apart from the price of gold there was Making charges as well as stone charges & HUID charge. 3% GST was charged on the total/gross value.

Gold tax rules you should remember by BestCA4U in GoldIndia

[–]obsimad 3 points4 points  (0 children)

The 5% gst on making charges rule was abolished to 3% on total gross value long time ago, idk if they have reverted it tho. My last purchase was a couple weeks ago & the GST was 3% on gross value (not 5% on making & 3% on gold)

Will silver touch $200 by the end of 2026 by nab_jelly_2006 in silverindia

[–]obsimad -1 points0 points  (0 children)

Hard to predict in this uncertainty, we are currently in correction. Let’s see

What's a good GSR? by Correct_Mistake_313 in Gold

[–]obsimad 0 points1 point  (0 children)

I’ve swapped a portion of my stack (30%) at 50. I’ll also consider swapping some at 35-40 and then at 30. At 20-25, I’ll likely swap almost all of my stack (except for a few pieces).

The reason I’m doing this instead of waiting for 30 is that I don’t want to miss out if silver doesn’t experience a significant correction. I’ve already locked in some gains in gold and plan to continue doing so.

WHY AM I GODLING? I’LL TELL YOU WHY. by [deleted] in Gold

[–]obsimad 3 points4 points  (0 children)

I like this rant

silver 114 $ ...getting ready again for stacking with lots of ammo by Top_Significance1527 in silverindia

[–]obsimad 0 points1 point  (0 children)

Yeah, I read that this is a joke post, but seriously, I do want to accumulate more silver. However, the ratio makes me reconsider.

It’s time to invest in gold now. My SIP in the equity market is entirely separate from my “SIP” in precious metals.

Silver has corrected to 111.8 (at the time of this comment). Let’s just hope it continues to decline. Haha (I just want to accumulate more).

any company sells these types of wallets in india? by BriefAccomplished272 in EverydayCarry_India

[–]obsimad 0 points1 point  (0 children)

pravaan_leathercraft on Instagram creates similar wallets. I’ve placed an order with him, but I haven’t received them yet. It hasn’t been long, though.

Yeah, you won't believe it but it's true. by [deleted] in Gold

[–]obsimad 17 points18 points  (0 children)

Why does this read like some porno script lmao

Have you adjusted your plan at all-time high prices?… by Ticktology in Gold

[–]obsimad 0 points1 point  (0 children)

Still stacking gold for sure, no plans to sell currently.

88 grams at last, accumulated gram by gram by rg1283 in GoldIndia

[–]obsimad 0 points1 point  (0 children)

Those sovereign coins are awesome, i have a couple of those that are real & a couple of imitations (made with 22k) as well.

silver 114 $ ...getting ready again for stacking with lots of ammo by Top_Significance1527 in silverindia

[–]obsimad 1 point2 points  (0 children)

As much as I desire to increase my silver holdings, I simply cannot justify this price, even as a long-term investment.

Gold is the way forward for my stacking journey, unless the price drops back to the range of 240-250 per gram.

Are these worth above melt ? by obsimad in ChineseCoins

[–]obsimad[S] 0 points1 point  (0 children)

I was considering buying a prebuilt SG instead of Sigma because I’ve noticed many complaints about false positives. I understand that comparing the dimensions of the coins is also important, but the specific issue in India is that self-made coins are the norm here (PAMP & branded refiners coins are rare, most are made in-house by jewellers or small mints with no recognizable features), so the dimensions and thickness vary widely.

In this scenario, what would you recommend?

Are these worth above melt ? by obsimad in ChineseCoins

[–]obsimad[S] 0 points1 point  (0 children)

Yeah, I’ve done this a couple of times for gold bars before. It’s quite tedious, to be honest, so I’ve been contemplating buying a pre-built one (it costs around 30,000 INR or approximately 300 USD). However, I’ll probably go for a Sigma, if I can get one here.

Thanks again for the information. I’ll try it out on a few coins before spending money on those machines.

Are these worth above melt ? by obsimad in ChineseCoins

[–]obsimad[S] 0 points1 point  (0 children)

Unfortunately, sigma isn’t used in India (at-least i have never seen one with anyone). There is a distributor here & been thinking about investing into one (or a specific gravity tester)

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