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Reputation Activity
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CANV got a reaction from HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV reacted to ZRPMs in Gold Monitoring Thread £ GBP only
I try to keep my postie happy. Crate of his favourite beverage as a Christmas thank you every year.
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CANV reacted to Paul in Gold Monitoring Thread £ GBP only
People pull the royal mail down. But I've found them brilliant in my area in the north east. We've got 5 postys on our local CIU darts team I drink in. Never had a major issue with delivery or stuff getting lost since trading online since 1998.
Good working lads but the royal mail ship is getting badly lead
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CANV got a reaction from Dom in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from Luketeach in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from Cityman1 in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from BLOOMMAN101 in Gold Monitoring Thread £ GBP only
Im beginning to think about offloading some !
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CANV got a reaction from Lyrinn in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from AuricGoldfinger in Gold Monitoring Thread £ GBP only
Im beginning to think about offloading some !
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CANV got a reaction from Go65 in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from James32 in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from MickB in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV reacted to Bratnia in Gold Monitoring Thread £ GBP only
Good way to move some gold out of the country. Slip (stitch) it into a 6Kg scuba weight belt and post it with a inclusive letter along the lines of "looking forward to our dive with your club, we'll be flying over next week, I've forwarded by weight belt rather than carrying it on the plane" and labeling the package as a scuba belt, value £20.
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CANV got a reaction from 9x883 in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from ZRPMs in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from slack in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from Xander in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV got a reaction from Bratnia in Gold Monitoring Thread £ GBP only
a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer
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CANV reacted to Tipsmart in Gold Monitoring Thread £ GBP only
Spikes like this are problematic. Dealers can't sell at these prices. To liquidate at the mo you will have to take a hit.
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CANV got a reaction from Gruff in Gold Monitoring Thread £ GBP only
Physical gold on TSf is now trading below spot. The market has indigestion. it cant handle the truth
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CANV reacted to arphethean in Has the secondary silver market hit the market saturation point.
There is still a lot of confusion around secondary market and the primary market.
Secondary market concerns all of us, and even dealers, and vat is not a factor.
The reason is the second hand vat scheme. You do not automatically lose vat when you buy from or sell to a dealer. You lose whatever the difference in dealers sell/ buy prices and secondary market prices. Ignore vat. Dealers can afford to buy silver at any price below the price they sell at. They do not add on 20% to the whole! They only pay vat on their profit. They could buy your ounce at £22 and sell at £22.25, paying only 5p vat. Don't assume any vat registered dealer can only pay spot. Most pay more.
The secondary market has over the past two years been heavily eroded by a small number of people steadily or sometimes dramatically undercutting everyone else, which has led to premiums on 2nd hand silver being reduced approximately to parity with USA and other silver vat free countries, I.e less than spot plus vat. It only affects big dealers selling Virgin silver with 20% vat on the whole price in the sense that low secondary market prices will knock demand for dealers' higher priced silver.
The price of new silver from dealers will be determined by factors far bigger than the secondary market going rates. Cost of mining, refining, electricity, shipping, waste recovery etc etc etc. All of these factors are opaque and will have an influence on spot. The price of an ounce to a big dealer (who will have multi million £ annual contracts with mints and refiners) could be as little as spot plus 1% for all we know. Or why not even less? They add their margin and 20% on the whole. Their margin will be dictated by whatever their customers will pay but everything else is affected by macro factors.
So £25.50 or any other price that we think is "right" will only happen if there are no people able or cunning enough to source silver cheaper and able to undercut everyone else. Just cause spot has gone up one can't assume the secondary market will automatically adjust. Though I bloody hope it will as I am still seeing ounces only selling if prices are less than £23. Fine for buyers I guess. But eventually I assume every buyer becomes a seller, right?
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CANV got a reaction from stefffana in Engelhard 5oz Bar
All Englehard website is generally the go to place. Nice bar. I love em
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CANV reacted to Pm1987 in Engelhard 5oz Bar
Recently acquired this bar. Does anyone have a resource to track down the year it was made, price guide etc ?
Not something that really fits the collection and know virtually nothing about these bars.
Thanks for any help you guys can give me.
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CANV got a reaction from stackerp5 in Selling Liquidating Coins/Bars in UK Query
I think AI has infected this account. its sky net...