# Investing into physical metals on blockchain **URL:** \ **Category:** Investing / Portfolios\ **Created:** [January 5, 2024, 9:57am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612 "2024-01-05T09:57:47Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 4, 2024, 10:18am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/1 "2024-01-04T10:18:08Z")
I will continue, moving cash into VT and some stocks. And I started to invest in physical rare earth elements in autumn which I will increase in 2024. Maybe a bit more in Splint Invest in 2024, too. ---
**Author:** ![PhilMongoose](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/philmongoose/32/12331_2.png) [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)\ **Post date:** [January 4, 2024, 12:15pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/2 "2024-01-04T12:15:25Z")
which rare earth elements? ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 4, 2024, 12:44pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/3 "2024-01-04T12:44:01Z")
These: Indium, Gallium, Rhenium, Germanium, Hafnium, Neodymoxid, Dysprosiumoxid, Gadoliniumoxid, Scandiumoxid, Terbiumoxid. The first 5 are actually rare Technology metals. ---
**Author:** ![PhilMongoose](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/philmongoose/32/12331_2.png) [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)\ **Post date:** [January 4, 2024, 1:13pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/4 "2024-01-04T13:13:38Z")
how are you investing in those? ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 4, 2024, 1:42pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/5 "2024-01-04T13:42:21Z")
A friend of mine is a professionell investment guy, I’m buying it through him from a company. The costs are pretty high (7,5%) when you buy it + storage/wallet fees. So it takes a while until you have back the buying fees. I would say it is a mid/long term investment like the VT ETF. I own 25k of this stuff and now I wait and observe the sell and buy prices. When I see a positive trend, I will invest more. ---
**Author:** ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)\ **Post date:** [January 4, 2024, 7:16pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/6 "2024-01-04T19:16:18Z")
> [@goodhope](#): > > storage/ **wallet** fees Wallet? Do you stuff such metals in a leather wallet for protection? ---
**Author:** ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)\ **Post date:** [January 4, 2024, 7:33pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/7 "2024-01-04T19:33:56Z")
It‘s the wallet of his friend 😃 ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 4, 2024, 8:31pm UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/8 "2024-01-04T20:31:44Z")
What you physically own is storen in a blockchain wallet. ---
**Author:** ![PhilMongoose](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/philmongoose/32/12331_2.png) [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)\ **Post date:** [January 5, 2024, 8:29am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/10 "2024-01-05T08:29:54Z")
Yup. Has scam vibes written all over it! ---
**Author:** ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)\ **Post date:** [January 5, 2024, 8:43am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/11 "2024-01-05T08:43:02Z")
> [@goodhope](#): > > What you physically own is storen in a blockchain wallet. So you do **not** physically own it. I mean… isn‘t that exactly one of the key points of blockchains? Proving your ownership of something you do not _physically_ own? ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 5, 2024, 8:59am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/12 "2024-01-05T08:59:09Z")
I’m not a blockchain pro but have done some research. It is for example for things you physically own but don’t hold in your hands, basically a digital proof of ownership for assigned items. It is often done with gold for example. For gold it makes less sense to me, maybe if you have a lot but don’t want to have it at home or rent a safe. For those metals it makes sense to me. Having it at home would be stupid, you can’t anyway sell it by your own. These are uses by industry companies and they wouldn’t buy it from a human beeing. ---
**Author:** ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)\ **Post date:** [January 5, 2024, 9:02am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/13 "2024-01-05T09:02:18Z")
I mean, I get that and why you would not store these metals in a locker or fridge in your own home. They better be stored at a depository. But if I break into their warehouse and steal it, they’re gone - and it’s not as if you could trace them, can you? And that’s assuming that your share exists and was delivered in the first place. ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 5, 2024, 9:02am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/14 "2024-01-05T09:02:26Z")
I don’t know if it is allowed to post the website/company. I did a lot of research and before I sent money, it is no scam in my opinion. ---
**Author:** ![PhilMongoose](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/philmongoose/32/12331_2.png) [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)\ **Post date:** [January 5, 2024, 9:07am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/15 "2024-01-05T09:07:50Z")
Maybe it is not, but it sounds very scammy to me. Try taking all your money out and see if you can. ---
**Author:** ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)\ **Post date:** [January 5, 2024, 9:15am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/16 "2024-01-05T09:15:05Z")
> [@goodhope](#): > > I don’t know if it is allowed to post the website/company Why not? All kinds of offers and companies get posted here - and it’s not as if you’re advertising them. Also, we haven‘t accused them of doing something illegal… ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 5, 2024, 9:18am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/17 "2024-01-05T09:18:15Z")
It is stored in a high security freeport (no tax on those items) in Berlin. You can actually go there. Last year they company had 2 or 3 days where clients could visit and see their stuff. Because in those freeports there are tons of items with high value, I think it is more secure as a bank safe. I think why people question it is because it is something new. In the past it was not possible to buy for human beings. Now there are a few companies where it is possible and with blockchain it sounded good for me. The contact to them is very good, via email and phone. I believe in those metals after my research. The need is much higher than the production and this will even more increase. Just the high fees I don’t like, but I didn’t find any cheaper company that had Blockchain, a good customer service, lots of information… ---
**Author:** ![Barto](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/b/e9c0ed/32.png) [@Barto](https://forum.mustachianpost.com/u/Barto)\ **Post date:** [January 5, 2024, 9:18am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/18 "2024-01-05T09:18:42Z")
Sounds like a case of shovel seller earning money in a gold / blockhain rush: -You carry all the speculative risk on the resale value of the minerals -Intermediary charges a fee for looking after your proof of ownership for you, without taking any risk Proof of ownership via blockchain sounds better than a traditional contract which you would store on your laptop. But not sure that value add is so big that it is worth paying a lot of money for. ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 5, 2024, 9:20am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/19 "2024-01-05T09:20:08Z")
Ok, this is the company: [YOUR PARTNER FOR TECHNOLOGY METALS AND RARE EARTHS - Noble BC](https://noble-bc.de/en) And this is the blockchain partner: [https://finomet.de/](https://finomet.de/) ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 5, 2024, 9:21am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/20 "2024-01-05T09:21:58Z")
I just posted the link, you can go through it to get an opinion of the companies involved. ---
**Author:** ![goodhope](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/g/3be4f8/32.png) [@goodhope](https://forum.mustachianpost.com/u/goodhope)\ **Post date:** [January 5, 2024, 9:24am UTC](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612/21 "2024-01-05T09:24:38Z")
I can’t try, I would need to place a sell order, which I don’t want at this point. Due to the fees I would loose money now. As mentioned, it is a mid to long term investment. Also…I think if you hold it less than a year as a human being, you would need to pay tax “haltefrist/Spekulationsfrist” in Germany. [Next page](https://forum.mustachianpost.com/t/investing-into-physical-metals-on-blockchain/11612.md?page=2)