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Arisian

Silver Premium Member
  • Posts

    68
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  • Trading Feedback

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  • Country

    United Kingdom

Everything posted by Arisian

  1. All In Sustaining Cost of mining Gold is circa $1200 and Silver is $17, that obviously varies from mine to mine but it's a pretty good industry average. https://www.gold.org/goldhub/gold-focus/2023/04/gold-miners-costs-reached-record-high-2022-dropped-final-quarter-year SORRY ERROR IN READING I SAW MINTING AS MINING - Just IGNORE! :-)
  2. Another vote for Bullionvault. Massive liquidity. Allocated gold and silver. There is 3rd party risk but I think Bullionvault is as good as it gets.
  3. https://www.silvertrader.uk/product/2023-maltese-cross-5-euro-1oz-silver-bullion-coin/ its available and in stock here
  4. When I told my Financial advisor 6 years ago I wanted Gold in my SIPP, he was horrified. He said he couldn’t help me and we decided to part ways. Since then my Gold SIPP has increased by over 60% and yesterday when Gold started to drop I sold half my stack, 3Kg of Gold, within 10mins. I’ll probably buy it back on Monday when I see how the Market goes, I pay 0.1% transaction charges and I can buy and sell a dollar or 2 around spot pretty much at any time 24/7. For me this is the easiest and most cost effective way to buy Gold for the long term. Yes there is Third Party risk, but because of how pensions work that’s unavoidable. Note only Gold is allowed in SIPPs. So I have another account outside my pension where I buy Silver, VAT free. Again yesterday I sold over 100Kg of silver in 10minutes. So liquidity is always available at or slightly above spot. I’ve started buying physical again because I love the Metals and I’m buying mainly Proof coins which I don’t ever expect to make a profit on. But I buy them because they are beautiful things to own, collect and enjoy. This isn’t advice, just first hand experience of what I’ve done.
  5. I’ll take it for my Granddaughter’s birthday present…. She’ll love it. PM. Me your bank details and I’ll transfer first thing in the morning.
  6. Well one plus I guess is the more unpopular it is now, the rarer it’ll be in the future.🤷‍♂️ However, with the 5oz costing £480 I don’t see it making a profit any time soon. But when paying £100/ounce it sure is important that you like it.😀
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