GenX

Probably but remember Northern Rock crises. When people feel that their money / gold / silver et al is at risk they may want to get hold of it.

The answer is, how high the silver will rise will depend on the level of inflation, i.e. depends how worthless the fit currency will become over time.

https://www.bbc.co.uk/news/world-us-canada-57402432 This is quite a coin!

@lextex Yes, you're correct, silver does have a greater industrial use compared to gold. However, at least in the UK, silver has unreasonable premiums and VAT over spot price, i.e. market price, which makes it expensive to buy compared to gold spot price. https://www.gold.co.uk/silver-price/10year/ounces/USD/ Re interest rates, I guess it's treasury bill rates in the US. This may answer the question. https://www.thebalance.com/current-federal-reserve-interest-rates-4770718

@lextex In general, gold will do well when inflation hits. However, it won't do so well if the interest rates go up. We can speculate, that both are a real possibility in not so distant future. But of course, none of us knows for sure what will happen on the right side of the graph.

@Dougall1 It may be more prudent to have some allocation in stocks in your ISA or SIPP and a smaller portion of your portfolio in gold. Historically stocks have produced better returns than gold. PMs are more of an insurance policy to preserve your wealth. But, of course, it all depends on your investment aims.

@Rll1288 A very wise decision. The last year has changed habits for many of us. I'm wondering if the current stock market bull run is partly "sponsored" by people who are spending less and therefore investing in stocks.

Hello to you too @CRJ Welcome!

Welcome @SilverSavage501 Good to have you here!

Welcome @Queenb4u Good to have you here!

Welcome @AgAuEire Good to have you here. Fakes - buy from here or from reputable dealers, avoid eBay Deals - this forum Sales section or Gold Deals section Care - keep in capsules Storage - home or bank safe

Welcome @Silverharley Good to have you here! Good price to buy sovereigns would be gold spot price +5% give or take, e.g today that would be £43.20 x 7.32g + 5% = £332 (spot price per gram x sovereign gold content +5%). https://www.gold.co.uk/gold-price/gold-price-chart/

Welcome @AussieSilverStandard Good to have you here!

Welcome @Silverharley Good to have you here!

Welcome to the forum 🏴󠁧󠁢󠁳󠁣󠁴󠁿💰@AgStacker888

My sovereign from H&B has turned up as well. Normally I would weigh and measure the coins but don’t want to damage the “posh” capsule. Doesn’t look like it can easily open.

@vacancies @Villadam @Hunter87 It appears to me that the £319 sovereign deal has now finished (page not found). They're really there for a day or two to whet your appetite. If anyone spots another good deal please let us know. Thanks @Coolsmp for spotting this one.

@LawrenceChard You're thinking of a long standing member @MikeSol with the same jubilee head avatar. Not good if we're getting mixed up. Let's go for the gold standard instead. Haven't seen anyone using that one 👍

Today I also ordered a sovereign at £319. Some negative reviews re the company so exercise caution. Make sure you download your receipt (order confirmation), which does show £319. They haven't sent the receipt via email. You can also see your order status after logging in under your account dashboard. My card payment is pending at £319. A sovereign at today's spot price is little over £313. Fingers crossed they do the right thing and honour our orders.

@Furnace For me gold and sovereigns in particular for the following reasons: - Gold has lowest premiums, no VAT and no CGT for British coins - Sovereigns are trading close to spot price, particularly pre-owned pot luck coins - They’re easy to buy and sell - They don’t have to be declared on home contents insurance - For me sovereigns are rather uninspiring to look at, which helps to have emotional detachment (please, don’t cast your spells at me) - Nevertheless, it’s always exiting to wait for some pot luck sovereigns in the post, you never know what dates you’ll get - And finally, Gold is like God, just lose the letter L (btw it’s a joke lol) Having said all that, your collecting strategy has to represent your goals.

@PNE It’s impossible to predict when will the gold and silver go up. We can only know that they will go up at some point in the future, largely due to fiat currency devaluation. But precious metals also go down. Look at gold price over the last year. https://www.gold.co.uk/gold-price/gold-price-chart/ If you are looking to acquire gold and silver close to the spot price then gold, in that respect, is definitely a better value at the moment.

Welcome to the forum @Ciara 🤝

Thank you all for your kind welcome 👍

Welcome to The Silver Forum SellerStacker 🤝

I’ve been watching Robert Kyosaki for some time. Initially I liked him too. But on closer examination he appears to be non trustworthy. I signed up to his free “live” webinars twice. Both were exactly the same and clearly not live. They were simply marketing tools to sell you his overpriced strategies on how to get rich. He’s a successful salesman.