When you wear Thai gold in the US, the people here have never seen real gold. They say it's "too yellow", or looks fake, they're so accustomed to buyin 10 and 14k gold.. LOL. It's like saying, I don't like money cause it's too green. ...they prefer light colored gold.
That was very informative. Thai gold is so beautiful and always looks nice on Thais. Thank you for educating another foreigner. Good luck with your investments!
I literally wore my 1 Baht chain for at least 15 years without wearing it out. I loved the rich beautiful color. I did eventually lose it though, one of the down sides of wearing your investment.
I started buying Thai gold in 2005 when a baht of gold was only 9k baht. Presently, the price has gone up to 27k + baht...it's really a good investment.
Nice chain, how many grams is your bracelet? I'm in the market to upgrade mine. My 16 g 24k bracelet I bought about 20 years ago is worth 4 times what I paid now, which is crazy so I might use that as a trade in. Yours is a good size chain.
This is one of the best videos I've seen about Thailand gold. I did a video similar on my channel. One thing I will say is I haven't had a problem selling Thai gold in the United States. If have problem selling Thai gold in different country maybe try to find a gold shop where the owner is Thai or Chinese, they'll know what "real gold" is. Most people from America think Thai gold is fake because they are used to seeing rings/necklaces made out of 14K, 18K, or even 10K, not the 23K gold out here in Thailand. 😎🙌
Great video what would you say is a cheap website to buy real gold because Thailand to me is too far and I wonder if they have a website so I can look at their gold online.
Nice Video , western videos add up music ., on the other hand your info is great and not focus on Music . Gold and Bitcoin is here to stay 2021. Happy new year . RR.. 🌅✌🏻
Excellent post Jett. I wonder where would you buy gold if it's for your portfolio. Do thai banks give this option? I remember in Russia they have the option (can choose between several precious metals). Maybe Thailand does too, have not looked into it yet. Maybe you've made a post about gold investment? You've got an excellent channel🙂👌🏼. Plus it's really easy to listen to you - you've got a very calming voice ( maybe you've been told this before hehe )
Hi Jett, very informative. So if I want to buy for investment, I need to look for gold shops in Chinatown that has labels for international standards? Is that what you mean? Can you suggest a shop where to buy those that has labels? Thank you!
Everything you’ve said in this video is everything my mom told me. I’m thai myself and I’m always wear gold to school and all my friends always ask me if my gold are real it gets really annoying quick. I really do believe Thailand needs to fix this whole label system. Btw love the video man keep up the great work!!!
Thank you for sharing your story. I think you should be proud of whatever you choose to wear. Your mother taught you well. Enjoy the recent gold price high 🙂
How can people that travel get actual documentation on how much gold they can take on a plane duty free? 3 hours of internet search yields hugely different answers. No reply from there places, including customs and consulate. A real business killer.
@@lesmylo3592 Unlimited jewelry or necklaces. Bullion isn't classed as currency but coins have a limit of their face value but always check government websites.
Thank you very much for a fantastic video I bought some gold 20-years ago in Thailand 10 baht gold necklace now it's worth a lot of money 💰 thanks for the video ok nice job🙏👍
I loved the video,so now been married to my Thai wife for 37 years,and one baht was around £100 back in 1986,I did a quick calculation and I believe gold has gone up by 6.2 times,the house that I have in the uk has gone up by 7.3 times in the same time,and I lived in the house for 37 years very happily,I now plan to to try and buy a bit of gold each year to leave my 2 sons,I have never been a good saver as my addiction to travel has been to strong,154 countries and territories
May I ask how much you paid for the bracelet, so we have an idea as we traveling to Bangkok in June…thank you so much and what was the name again of the jewelry store you went too thank you again…
I took some of my Thai gold to a place that buys gold in the United States and had no problem selling it. The buyer told me that they go by the rates of KITCO gold live. So whatever the price is that day thats what they pay. Right now its $1924 an ounce.
Gold in Thailand is not a problem if you live as resident . When you need or want to sell sell back to the same shop you bought is not a problem and about a 100 Baht buy sell price difference. I would not take it out of Thailand as you that may be a problem but if you are leaving just sell before you go .
good thing you missed the boat. viet people said it was h.ll waiting for customs in US. bangkoks china town is actually 154th largest. china and taiwan have bigger towns
nothing shines like gold. i have nothing in my savings or checking but in my 'gold purse' i have over 26 ounces of 24kt gold in bars, coins, and jewelry like your bracelet and necklaces. so i stay stealth while having my gold purse to pick up and run off in an instant if there is an earthquake or fire or some other emergency. enjoy life and be safe
Is it possible , to change a gold barr 1 Oz Finegold 999,9 in thailand ?? I mean , if I bring gold barr from europe to thailand , could I change this to get money ?
Great video, wanted to clarify though; since precious metals are generally measured in troy ounces, one baht = 0.47 troy ounces. A troy ounce is 31.1 g rather than 28.4
They take your ID upon purchase to prevent money laundering. I bought the gold via bank transfer so I showed him the screen to show that I had transferred the money. Hope that helps 🙂
@@JettGunther I have been told it's a better to buy physical gold in Thailand because the difference between the purchase and sell back price is low compared to other countries. Meaning if I buy gold today and sell back to the shop tomorrow I will only take a single digit % loss (i have no intention of doing that, just an example). Is that true? Also, will they issue a receipt? and do I need to keep the receipt in order sell it back to the gold shop in the future?
Hi, I wonder which app you used to verify gold. I will go to Bangkok next week. Do you have any recommendations for applications on iPhone to verify gold just like you showed in the video? I look forward to your reply! @JettGunther
Most bullion shops in countries like the US and Australia have electronic XRF analysers that accurately measure the purity of gold. One that I used to deal with regularly would measure a piece of gold jewellery and instantly determine the purity and then using the weight and purity pay close to spot price of the equivalent 99.99% content. By the way, many traditional gold coins such as the British Sovereign and South African Krugerrand are only 22 karat gold, lower purity than Thai Gold.
@@supot2523 Yes true - but the important thing is the actual quantity of pure gold. A 1 Baht Thai Gold bar (96.5%) weighs approximately 15.2g but contains 14.67g of pure gold.
I enjoyed your presentation. Thank you. Most gold collectors buy gold as a hedge against fiat currency failure and to pass on to their heirs. I would only sell the gold I have to meet a financial emergency. Best regards.
Thank you for watching. You’re not alone in thinking that. In fact, that’s most likely why the price of gold has had a resurgence. I for one am hedging my bets against centralized experimental monetary policies :)
@High Value: Please clarify: when you say centralize currency, do you mean but currency? Servers sources are indicated that bit currency will eventually be an alternative to the USD as a reserve currency. Can that be possible? Too old to conceptualize a bit currency world!
@@arthurmiller9434 Please don't take this the wrong way that I'm merely promoting myself, but I actually made a video on this exact topic: ruclips.net/video/-IyN856lueA/видео.html If you'd like to take your research further, I recommend Andreas Antonopolous who explains very eloquently the monetary role of Bitcoin. Here's the playlist: ruclips.net/p/PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj Also "The Bitcoin Standard" by Saifdean Ammous makes a case for the importance of sound money in civilization and how Bitcoin fulfills this role. Hope this helps.
Great question! Best advice would be to stick to the largest gold boutiques like Hua Seng Heng and Tang To Kang as they have a reputation to uphold and have the most to lose from getting caught scamming someone. Hope that helps.
The moment u buy, go straight away to a jeweller and pretend u wanna get an appraisal value if u decide to sell it to them.. if deemed fake go back to the seller with the receipt and get ur money back
@@HtPt Does not shine? Sliver is the most reflective metal ! Depending on the type of polish you can literally have a sliver mirror on your jewelry nd man is it shiny . Hence in Hindu astrology Silver is associated with Venus and luxury. Get some 9999 sliver jewelry nd see for yourself
Well, here in Europe physical gold is usually sold in 99.9 purity, so indeed Thai gold might be an issue outside of Thailand. Also inconvenient that Thailand doesn't really allow you to bring your gold into Thailand from outside.
I think you’re talking about gold bullion in Europe being that pure, not regular European jewellery…the best purity you can usually get there is 18K, not 23K like in Thailand.
Enjoying that cultural enrichment, are ya? 😒The death of the West...a strange sui. cide... there will have to be a war, that's the only thing that's going to result from this.
Gold doesn’t go up in value. An ounce of gold is always worth an ounce of gold. The dollar, and fiat currencies fall in value, so their exchange rate against gold is lessening. • Good video bro. 👌
The reason for 18 karat and not 24 is jewelry need to be strong. A ring on your finger will be lose shape and form even getting really deformed. Therefore 18 karat is more practical in jewellery.
@@billyjohnson9166 Beware capital gains tax. It's why people like Buffet prefer that their companies reinvest their profits rather than paying dividends.
@@JettGunther as a dividend investor the holding period on 93% of my stocks is forever. Start following some great dividend investors on you tube like PPCIAN, dividend diplomats, dividend and income to name just a few.
@@JettGunther my portfolio is up 2.83% YTD and I’ve taken at least $27,000 dollars in dividends out. It’s beating the index. If follow the plan on holding great American companies forever in most cases.
When you wear Thai gold in the US, the people here have never seen real gold. They say it's "too yellow", or looks fake, they're so accustomed to buyin 10 and 14k gold.. LOL. It's like saying, I don't like money cause it's too green. ...they prefer light colored gold.
Definitely have heard that as well.
Hail yeah!
That was very informative. Thai gold is so beautiful and always looks nice on Thais.
Thank you for educating another foreigner.
Good luck with your investments!
Hope you enjoyed the video and found it informative. Would love to hear your views on gold in the comments 🙋♂️
,, Osmium '' Rarest precious metal on Earth
What about the bullions (small bars) of gold they sell? Are they also untradeable outside Thailand?
I literally wore my 1 Baht chain for at least 15 years without wearing it out. I loved the rich beautiful color. I did eventually lose it though, one of the down sides of wearing your investment.
You are a very good story teller! Kudos!
I started buying Thai gold in 2005 when a baht of gold was only 9k baht. Presently, the price has gone up to 27k + baht...it's really a good investment.
IF you can sell it. Do they buy (/back their own gold) gold in those shops?
31.900 baht today
Can I export gold.from.thailand to usa ?
Excellent! ✨ Thank you, Jett!
Great video thanks for sharing, very informative.
Glad it was helpful!
Great video bud
great informative video
Nice video heading to BKK this May.I will buy some gold there looks fun.Thanks for the video.
Another gold vlog thanks
Nice chain, how many grams is your bracelet? I'm in the market to upgrade mine. My 16 g 24k bracelet I bought about 20 years ago is worth 4 times what I paid now, which is crazy so I might use that as a trade in. Yours is a good size chain.
Good stuff.
hi! how much was the gold bracelet you bought. if you dont mind sharing the price. thanks
This is one of the best videos I've seen about Thailand gold. I did a video similar on my channel. One thing I will say is I haven't had a problem selling Thai gold in the United States. If have problem selling Thai gold in different country maybe try to find a gold shop where the owner is Thai or Chinese, they'll know what "real gold" is. Most people from America think Thai gold is fake because they are used to seeing rings/necklaces made out of 14K, 18K, or even 10K, not the 23K gold out here in Thailand. 😎🙌
Great insights!
Thank you. Just sharing some personal experience :)
How much was the bracelet and what was it's weight?
Do you know roughly how much paid for the bracelet along with roughly how long the chains were going for ?
beautiful ring and thank for sharing
Great video what would you say is a cheap website to buy real gold because Thailand to me is too far and I wonder if they have a website so I can look at their gold online.
Nice Video , western videos add up music ., on the other hand your info is great and not focus on Music . Gold and Bitcoin is here to stay 2021. Happy new year . RR.. 🌅✌🏻
Excellent post Jett. I wonder where would you buy gold if it's for your portfolio. Do thai banks give this option? I remember in Russia they have the option (can choose between several precious metals). Maybe Thailand does too, have not looked into it yet.
Maybe you've made a post about gold investment? You've got an excellent channel🙂👌🏼. Plus it's really easy to listen to you - you've got a very calming voice ( maybe you've been told this before hehe )
Do you guys have digital gold scheme through thai banks or sovereign gold bonds??
Hi how much was it and what’s the weight?
Good video🤩🙏
Thank you 👍
Hi Jett, very informative. So if I want to buy for investment, I need to look for gold shops in Chinatown that has labels for international standards? Is that what you mean? Can you suggest a shop where to buy those that has labels? Thank you!
i love your vlog can you vlog again the heavier necklace jewelry and rings thank you so much
What about the bullions (small bars) of gold they sell? Are they also untradeable outside Thailand?
Wre is the location of cheapest gold in bangkok?
how much did the bracelet cost?
Everything you’ve said in this video is everything my mom told me. I’m thai myself and I’m always wear gold to school and all my friends always ask me if my gold are real it gets really annoying quick. I really do believe Thailand needs to fix this whole label system. Btw love the video man keep up the great work!!!
Thank you for sharing your story. I think you should be proud of whatever you choose to wear. Your mother taught you well. Enjoy the recent gold price high 🙂
How can people that travel get actual documentation on how much gold they can take on a plane duty free? 3 hours of internet search yields hugely different answers. No reply from there places, including customs and consulate. A real business killer.
งงงงงงงยยบ
@@lesmylo3592 Unlimited jewelry or necklaces. Bullion isn't classed as currency but coins have a limit of their face value but always check government websites.
How about buying 99.9% gold bars in Thailand. Could you make a video on this?
Which jewellery store did you go to?
Hi how much did your bracelet cost 😊
What was the cost of your bracelet?
Thank you very much for a fantastic video I bought some gold 20-years ago in Thailand 10 baht gold necklace now it's worth a lot of money 💰 thanks for the video ok nice job🙏👍
You're doing it the right way!
Price of bracelet?
How much did you end up paying for something like that? I’m interested in buying gold.
It's May of 202e. What's the consensus about this?
I see Thai shops everywhere... is this a good idea? You can sell it back, ....right? 🎉🎉🎉
excellent video. I am up in CM.
Just like some people wait and wait and wait to invest. Glad I started early!
I loved the video,so now been married to my Thai wife for 37 years,and one baht was around £100 back in 1986,I did a quick calculation and I believe gold has gone up by 6.2 times,the house that I have in the uk has gone up by 7.3 times in the same time,and I lived in the house for 37 years very happily,I now plan to to try and buy a bit of gold each year to leave my 2 sons,I have never been a good saver as my addiction to travel has been to strong,154 countries and territories
Travelling and seeing God's world is fantastic!! Good for you!!!
May I ask how much you paid for the bracelet, so we have an idea as we traveling to Bangkok in June…thank you so much and what was the name again of the jewelry store you went too thank you again…
The price of gold per baht has almost doubled since this video goldpricez.com/th/baht
Hua Seng Heng maps.app.goo.gl/ccSMKBkb87yJvLZt6
Good luck! 😊
Great video I’m going to Bangkok Thailand on the first of next month. Do you have any suggestions of any good places for me to get some?
Hua Seng Heng in Chinatown
@@JettGunther thanks I appreciate that.
Gold is money. Everything else is credit. - JP Morgan.
Money will always be paper,but GOLD will always be GOLD!
Darwin Mayflower from Hudson Hawk.
I think the lesson is to disregard ‘investment advice’ from friends….
There are different oz and troy oz. Metals use troy oz 31,1 gram.
I took some of my Thai gold to a place that buys gold in the United States and had no problem selling it. The buyer told me that they go by the rates of KITCO gold live. So whatever the price is that day thats what they pay. Right now its $1924 an ounce.
Gold in Thailand is not a problem if you live as resident . When you need or want to sell sell back to the same shop you bought is not a problem and about a 100 Baht buy sell price difference. I would not take it out of Thailand as you that may be a problem but if you are leaving just sell before you go .
do you invest in junior mining stocks?
Thank you Jeff. We are going to Chinatown today to trade some broken gold links and get a new chain
Enjoy!
nice
good thing you missed the boat. viet people said it was h.ll waiting for customs in US. bangkoks china town is actually 154th largest. china and taiwan have bigger towns
nothing shines like gold. i have nothing in my savings or checking but in my 'gold purse' i have over 26 ounces of 24kt gold in bars, coins, and jewelry like your bracelet and necklaces. so i stay stealth while having my gold purse to pick up and run off in an instant if there is an earthquake or fire or some other emergency. enjoy life and be safe
This is amazing
Your address please..
Wow! That's impressive.
I. Got. Bitcoin, in my. WaLLet... CoLd. WaLLet. Storage. 😆
Sounds fake 😂😂😂
Is it possible , to change a gold barr 1 Oz Finegold 999,9 in thailand ?? I mean , if I bring gold barr from europe to thailand , could I change this to get money ?
you need to declare it . when is Rome do as Romans do . Buy gold in thailand sell it in Thailand . it trades like currency .
you can't really import gold into thailand without a permit.
When your ATM card gets lost 🤪 this will get you going for few days lol
Good
Great video, wanted to clarify though; since precious metals are generally measured in troy ounces, one baht = 0.47 troy ounces. A troy ounce is 31.1 g rather than 28.4
Ah makes sense. Thank you. We definitely want to make sure we get the correct grammage of gold 😉
@@JettGunther do you have to pay VAT % on a Thai gold 23k necklace if so how much %?
Would you recommend getting a 23k Cuban link chain made there since it’s cheaper ?
Lol I want to get Cuban link too that’s why i am here did you get it?
definitely. why pay the same price for something half the purity in usa
thats true
Wow . I was going to buy some in Bangkok. Not now . I did not know you can not resell it .
invest in gold barrs, not jewelry
just wondering why are you showing them your ID and something on your phone screen? because they need the infomation to issue a receipt?
They take your ID upon purchase to prevent money laundering. I bought the gold via bank transfer so I showed him the screen to show that I had transferred the money. Hope that helps 🙂
@@JettGunther thanks 👍
@@JettGunther I have been told it's a better to buy physical gold in Thailand because the difference between the purchase and sell back price is low compared to other countries. Meaning if I buy gold today and sell back to the shop tomorrow I will only take a single digit % loss (i have no intention of doing that, just an example). Is that true? Also, will they issue a receipt? and do I need to keep the receipt in order sell it back to the gold shop in the future?
wow
Hi, I wonder which app you used to verify gold. I will go to Bangkok next week. Do you have any recommendations for applications on iPhone to verify gold just like you showed in the video? I look forward to your reply! @JettGunther
How can you verify it to international standards?
Most bullion shops in countries like the US and Australia have electronic XRF analysers that accurately measure the purity of gold. One that I used to deal with regularly would measure a piece of gold jewellery and instantly determine the purity and then using the weight and purity pay close to spot price of the equivalent 99.99% content. By the way, many traditional gold coins such as the British Sovereign and South African Krugerrand are only 22 karat gold, lower purity than Thai Gold.
@@wirefreezothers like the Maple Leaf or Philharmoniker are of higher purity though.
@@supot2523 Yes true - but the important thing is the actual quantity of pure gold. A 1 Baht Thai Gold bar (96.5%) weighs approximately 15.2g but contains 14.67g of pure gold.
Man wish I were at that store
Amen
Nice camera
It was just my iPhone 😅
That is why they call it "risk"
I enjoyed your presentation. Thank you. Most gold collectors buy gold as a hedge against fiat currency failure and to pass on to their heirs. I would only sell the gold I have to meet a financial emergency. Best regards.
Thank you for watching. You’re not alone in thinking that. In fact, that’s most likely why the price of gold has had a resurgence. I for one am hedging my bets against centralized experimental monetary policies :)
@High Value: Please clarify: when you say centralize currency, do you mean but currency? Servers sources are indicated that bit currency will eventually be an alternative to the USD as a reserve currency. Can that be possible? Too old to conceptualize a bit currency world!
@@arthurmiller9434 Please don't take this the wrong way that I'm merely promoting myself, but I actually made a video on this exact topic: ruclips.net/video/-IyN856lueA/видео.html
If you'd like to take your research further, I recommend Andreas Antonopolous who explains very eloquently the monetary role of Bitcoin. Here's the playlist: ruclips.net/p/PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
Also "The Bitcoin Standard" by Saifdean Ammous makes a case for the importance of sound money in civilization and how Bitcoin fulfills this role.
Hope this helps.
Gold and Silver are the Hedge in the Financial Collapse
ว้าว
How can you be sure what you're buying is real gold?
Great question! Best advice would be to stick to the largest gold boutiques like Hua Seng Heng and Tang To Kang as they have a reputation to uphold and have the most to lose from getting caught scamming someone. Hope that helps.
The moment u buy, go straight away to a jeweller and pretend u wanna get an appraisal value if u decide to sell it to them.. if deemed fake go back to the seller with the receipt and get ur money back
You can Test it with ChemicaL Process ... Shows the. Purity... 96.6 pure GoLd.
In India you can know by 916hallmark in gold and by searching serial number embedded in gold so that you could know where is the origin of gold
@@pinkypanicker4858in india they can put 916 and really it’s only 875
what about silver
ha yo Silver .... Forget it . it does not shine .
@@HtPt Does not shine? Sliver is the most reflective metal ! Depending on the type of polish you can literally have a sliver mirror on your jewelry nd man is it shiny . Hence in Hindu astrology Silver is associated with Venus and luxury. Get some 9999 sliver jewelry nd see for yourself
✌️✌️
I want to go Thailand If covid over.
Well, here in Europe physical gold is usually sold in 99.9 purity, so indeed Thai gold might be an issue outside of Thailand. Also inconvenient that Thailand doesn't really allow you to bring your gold into Thailand from outside.
I think you’re talking about gold bullion in Europe being that pure, not regular European jewellery…the best purity you can usually get there is 18K, not 23K like in Thailand.
@@foxx2990 yes, bullion bars/coins.
Look into Bullion coins and bars
this is how I felt since my brother requested that I put money into Ethereum when it was trading at $1
Congrats if you put money into it any time under $100/Eth
You surpassed all the Indian gold lovers for sure.. I thought only in INdia such a craze exists 🙂
Sorry, but the story isn't complete without the usual spread.
I live in Sweden. Here you can't wear gold anymore. Someone will rob you.
Enjoying that cultural enrichment, are ya? 😒The death of the West...a strange sui. cide... there will have to be a war, that's the only thing that's going to result from this.
Gold doesn’t go up in value. An ounce of gold is always worth an ounce of gold. The dollar, and fiat currencies fall in value, so their exchange rate against gold is lessening.
•
Good video bro. 👌
didnt even say the most important, thai gold price !
ฝังไม่รู้เรื่องเลย
The reason for 18 karat and not 24 is jewelry need to be strong. A ring on your finger will be lose shape and form even getting really deformed. Therefore 18 karat is more practical in jewellery.
The moral of the story Jett buy dividend paying stocks. You get paid to own great companies
My very next video talks about this. Stay tuned.
@@JettGunther this is the best secret non secret. I’m a dividend stock investor. I don’t buy any stock unless it’s paying a dividend
@@billyjohnson9166 Beware capital gains tax. It's why people like Buffet prefer that their companies reinvest their profits rather than paying dividends.
@@JettGunther as a dividend investor the holding period on 93% of my stocks is forever. Start following some great dividend investors on you tube like PPCIAN, dividend diplomats, dividend and income to name just a few.
@@JettGunther my portfolio is up 2.83% YTD and I’ve taken at least $27,000 dollars in dividends out. It’s beating the index. If follow the plan on holding great American companies forever in most cases.
If you don't hold it you don't own it. Physically gold cannot go wrong.
Chinese Gold mafia in full action... fake gold from the biggest mainland distributor is watch out for. This video is sponsored by the Thai Gold shops.
If this shops sale you fake cold , they will go JAIL here . 100%.. always research the dealer .
Should have bought Bitcoin not Gold
bitcoin
Gold is hard to sell? Lol
Fleeting.
blah blah blah......................................
wow