Lyrinn

Explains so many boating accidents. I've lost 6 boats this week alone ffs. Would of been 7 but royal mail fooked up the plan.

Just incase I've missed any bargains though, a full directory would be appreciated ( by my friend  )

I remember wishing everyone all the best for the new year just after I joined and asked if anyone had a new years resolution list only to be met with 
"I would add to your list pay your taxes in full.
Its tax avoiders (builders are one of the worst offenders) that has contributed to under funded public services."
I remember feeling I should have lead with a copy of my membership card to the Communist party along with the completed self assessment and receipt of payment. How the forum has changed. A little over a year on and we have an open call to cheat the gov out of their extorted gains.

What sellers are not paying vat..asking for a friend 😁

I see you've confused virtue signalling with intellectual debate
3) Doesn't matter if you are a business or a private individual, if you import silver into the UK then you must pay 20% VAT. It's not possible to buy or sell new silver in the UK without paying VAT. The point is there are a number of people, mostly foreigners, who quite obviously don't pay VAT. The difference in margin allows VAT fraudsters to undercut legitimate sellers and still make MORE profit than legit sellers. It's great for buyers but kills legit businesses and reduces the value of your silver in the UK

You're all fekin mental..I'm ooot

Mate, immigration (positive) and mass migration (negative) are two different things. One is natural and healthy, the other is a waking nightmare. Why is it relevant? Because the migrants value precious metals a lot more than westerners do.
It is common cultural practice on the Indian subcontinent to store your wealth in silver and gold, whereas only about 1% of the population of the UK does the same. So, when you import a million people to the UK within a year who already own silver and bring it with them, of course that's going to result in an excess of cheap (VAT-free) silver. It would significantly increase the prevalence of physical silver ownership in the UK overnight - significantly more silver but not significantly more demand, you see? 

Debate incoming…🤣🤣

Only on this very bitchy forum do you find people moaning about sellers offering good deals to fellow stackers. 
In any other walk of life these people would be seen as a godsend in the current economic climate.
There definitely seems to be a clique on this forum atm 

Silver at £19.68
 
 
 
 
 
 
 
 
 
 
Sorry wrong universe

There's no VAT on gold you muppet. Krugs are the most common modern gold coin and are subject to CGT which makes them less attractive than UK gold, hence they sell for spot
There is 20% VAT on silver. To evade the 20% is VAT fraud and carries serious penalties. Why should sellers who obey the law be punished by those who don't??? sour grapes 😂
I didn't say "immigration" either you twat. I said "MASS MIGRATION". Do you understand the difference between gold and silver, between immigration and mass migration?

I think a few things have come together to cause the price premium to drop heavily:-
1. Current state of the economy and fewer having spare cash with which to devote to metals
2. In view of point 1 there’s a greater number of stackers needing to make more cash available thus over supply to the secondary silver market whilst all trying to sell
3. Two or three sellers converged to crash the market somewhat by undercutting existing sellers and creating a new floor in price
4. Greater sense of apathy over silver versus gold? Maybe
I actually think both silver and gold may be seeing something of an ebb in current appetite to buy. Maybe if silver can hold £20/oz for a good while people will begin to see this is normal and higher premiums will return

A monster box will always be a hard sell on the forum - the obvious thing would be to break it up or fine it just doesn't shift.
i was watching a video this morning where Steve St. Angelo and Bob Coleman were talking about prices, the retail / wholesale markets and COMEX in silver. Bob Coleman runs a US precious metal depository and Steve St Angelo is a commentator. 
Their views are very US centric. There was no mention of the Global South and how India is vacuuming up silver at the moment. This isn't happening in their world and somehow or other Bob Coleman thinks the US stacker market is influencing the silver price. St Angelo thought people were selling silver to get into US Treasuries - which is beyond deluded.
The price of silver is rising - there is buying pressure in the 100's and 1000's of tonnes especially from India.
i don't actually think there are that many people here who are on the buy for silver. There is a good deal of gold and silver coming up for sale. i wonder if members are thinking now is a good time to sell and those who trade are getting metal offered to them. i don't really have any idea what it is like in the UK at the moment but i get the impression times are hard for a good few. The temptation is there to sell and so the market balance shifts. What happens on the TSF is a reflection on what is happening with private collectors but no reflection on the world. So if members are growing jaded this doesn't mean the price of silver is about to crash; there will be corrections but price rises are inevitable. It may well be the price is too rich for some people here and they are dropping out.  
It would be interesting to have a poll - are you net buying / selling / treading water when it comes to silver.
Personally i keep buying - some here, usually older bars and some silver inside the EU. The GS ratio is still over 85 - and this is cheap to me, so i keep topping up almost as a reflex.

Not selling anything you ejit, leave the grown ups to talk.

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

Silver is a commodity and priced like any other commodity, including coffee and orange juice, according to global demand.
Like the UK CO2 emissions effect on the planet, we stackers will not influence the price of silver even if a monster box is up for sale.
Only the big boys exchanging paper contracts in the thousands of tonnes make a difference on bullion spot prices.
Currently silver is taking a back seat.
What is interesting though were the American "experts" ( hah hah ... ), a few years ago, with their daily metals videos on Youtube hard selling silver.
Silver was being forecasted to over $100 per ounce - so get it while you can - before China and India take the lot and the mines cannot fill the orders.
Platinum is another example.
Not so long ago ( in investment terms ) Platinum was priced higher than gold i.e. it was more precious and definitely rarer and more expensive to mine.
Why therefore is it less than half the price of gold ?
Could it possibly be that gold is overpriced and will face a massive correction at some stage ?
Gone are the days of buying a silver coin from the EU at £13 then flipping it in the UK for £25 but whatever you hold hopefully should retain value unlike fiat due to inflation.
With the unavoidable VAT on silver ( and platinum ) in the UK you definitely lose 20% immediately selling back to any dealers - unlike gold.
Importing silver into the UK is subject to VAT also unless transporting in person within your allowance.
 

As per usual @Fenlander1 , you are taking out of your arse ( I’m the metals except on the form) nobody cares about belgian libartards, or Canadian Noah’s ark, or Mexican maples,or Chinese kangaroos, all boring and wxxxk, 👎, Daffy Duck, Star Wars , alladin, spider man coins sell for more profit , so that is the answer to your stupid question , now get a grip of your coin sales , or I’ll get a grip of you????

Due to a member not being able sell a monster box for a normal market reasonable price my question is.
Has questionably cheap silver finally caused the small silver market to hit critical saturation point where silver bought through authorised dealers as an investment is no longer a viable option. 
There will always be a race to beat the price of a fellow dealer but is the current situation made worse by an influx of silver of a questionable origin.

This is harsh, but gave me a 🤣 was the idea from Fort Knox? 

I see the euphoria has died down now.
No doubt the sales page is flooded lots of sales. Not that I've bothered looking but if any one has any brits for sale at 1500 an oz DM me. 

I’ve just logged back onto the forum after a weekend and a flight. ✈️ I believe some sort of drama has happened whilst I’ve been away.
Internet in the Hotel where I am currently staying is very bad and it’s past midnight. I’ll try to find a coffee shop with good internet tomorrow.
Please give me some time to look into what has been happening and take appropriate action. Please do keep TSF a friendly and respectful place that it has been for 10 years.
Rules that are related but not exclusive to, include:
If there is an issue please report it and wait for a moderator or myself to deal with it rather then escalating the situation and breaching forum rules yourself.
I will review all recent posts and messages etc and sort it out tomorrow. Thank you for your patience in the meantime  

Want a flake with that?

Already on it 🍺🍺🍺