Martin1983

Can't beat it mate....cash in the bank is boring....shiny metals are exciting 😂😂

My first ever 3 gold 1oz bars arrived today, for some reason it does feel good to have some gold instead of cash sitting in the bank.
 
waiting on the other 3 arriving 

My first ever 3 gold 1oz bars arrived today, for some reason it does feel good to have some gold instead of cash sitting in the bank.
 
waiting on the other 3 arriving 

My first ever 3 gold 1oz bars arrived today, for some reason it does feel good to have some gold instead of cash sitting in the bank.
 
waiting on the other 3 arriving 

My first ever 3 gold 1oz bars arrived today, for some reason it does feel good to have some gold instead of cash sitting in the bank.
 
waiting on the other 3 arriving 

Summed that up nicely

Yes, I am consistently getting silver into the UK,  but I think it's a bit unfair to suggest I'm avoiding paying the vat,😁 
 I expect customs to do there job and add the correct amount of vat 
But I see it like this.
25 x1,oz brittanias from chards  last week cost £598 or £23.92 per coin + 20% vat = £717 + £8 postage total   £725.60
25 x 1,oz brittanias from Europe last week cost £592.75 or £23.71 per coin,  if vat is added @20% = £711.30 + £11 postage  total £722.30
So I can buy my own currency from another country, and save £3.30.
The vat on the Chards purchase is 100% guaranteed so £725.60 all in.
The vat on the European purchase is not 100% guaranteed and in theory could cost as little as £622.28 if 5% vat is added.
A saving of £103.32 on the Chards purchase, or £4.12 per coin, which almost removes the sellers premiums
Let's say i buy 4 tubes, I either save £13 or £413.00, this equates to 17.4 oz of free silver compared to the UK price.
But like I said before the vat is there to be paid at whatever amount 20% or 5% it's just not my decision 😁😁
 
 
 
 

Trying to resist the urge to purchase another ounce..waiting for price to drop lol 

Chards and me dont get on because I don't like them selling items they don't have in stock, so other dealers get my business that don't use this practice   
Their choice how they do business but it is not for me, other seem more than happy to wait an undisclosed amount of time 
If i'm committing to buying something i want it in a few days, not a few weeks, months or even a years time  

Another $1.9trillion more dollar magic fiat funny money printed into existence in the land of talking mice, morbid obesity & mass school shootings  
Now this is likely to continue every few months !!!
Let that sink in where we will be if this continues, which in all likelihood it will have to  
Keep calm and carry on stacking 

$1699,26 🤭

@Pete Only one that got me was paying £1400 for the last qb couldn’t hold out any longer and look what happens. Ohwell.

Are the gold buyers from last September still happy with their "investment" ?
Did you dig out the BullSh*t published 6 months ago about now is the best time to buy etc ??
Scary times ahead so do you jump in now or wait for further dips ?
I bought gold this week and already showing a little pain but when will we see the bottom - any time travellers willing to input their data ?????

I bought 3 1 oz coins mid February gold went down further ha I bought another 3 last week gold went down further ha, I am now waiting a little bit longer and will make another purchase 

We are creeping awfully close to the $1700 mark! 😬

At 2am its going to drop back to £1230 👍 😁

I bought 3 1 oz coins mid February gold went down further ha I bought another 3 last week gold went down further ha, I am now waiting a little bit longer and will make another purchase 

Yes I will continue you but no one knows how low it will go unless you’re Harry dent 😂

Will you buy some more? 😂
I’m waiting for it to drop before I buy any more. 

@KPW82it does jump about - it’s all rather volatile😂! I’ve now ‘lost’ £62 and all I did was walk the dog! 😳
💎🤚🚀

 

This is TLT (30 year US bonds) and Gold
If bond yields continue to go up expect gold to come down
I wouldn't be shocked if it comes down another 5-10% in the next few months but who knows, will depend on the new normal - how well the vaccines seem to work and how optimistic people are on global economy recovery
I personally think at some point this year an event will happen or a signal will appear that things aren't going to get back on track and that's when gold will kick on but who knows

 

Hi @Swampy I think that this is a product and amount of cash that has a limted loss.  My advice to you is the same as my advice to anyone - don't go near products like CFD's, Spread Bets, Options, unless you REALLY know what you are doing!

Down to £1235. I’ve held off from buying gold since 2018 (£899 spot) but have backed up the truck the last few weeks (well, the Corsa) and have just bought 4x Sovereigns for £1246 (after buying the same a few weeks ago for £1277). I hope the price goes lower... then I’m going all in on my useless fiat. 

To BUY or NOT to BUY ? .... that is the burning question.
I was thinking about spending some cash ( impossible to spend during lock down on the usual habits ) and looking to continue my Queens Beasts in 1 oz gold.
I held off when gold went through the £1,000 barrier but it went up and up even more and never retracted until fairly recently.
What do gold junkies reckon - good price now or wait and do the cold turkey ???

Back to the forever wars we go!