bluemoon

I may be misunderstanding the point, but if sellers have found a way around the VAT then TSF's ecosystem won't change the market economy.
You can actually get around 20% VAT from the big bullion dealers too, if buying pre-owned coins under their special VAT scheme. So it's not new.

Overbought. Too much too soon. There hasn't been a rally or decline this much, this fast for the past year.

Couldn't you have waited another week before going up, you shiny and alluring ponce of a metal?

Couldn't you have waited another week before going up, you shiny and alluring ponce of a metal?

Couldn't you have waited another week before going up, you shiny and alluring ponce of a metal?

They are sold out, Saturday new stock

Surely you'd get the 20% back when you sell it on places like this forum or eBay? Margins are almost the same as they are from dealers, even though it's not VAT.
You'd only lose it if VAT on silver is scrapped, which is unlikely.

I though the whole point of gold is that it's worth the same today as in times gone by? So in theory, a Britannia is just as "expensive" as it was 20 years ago. This talk of fractional Sovereigns just makes me think to simply use silver.

I though the whole point of gold is that it's worth the same today as in times gone by? So in theory, a Britannia is just as "expensive" as it was 20 years ago. This talk of fractional Sovereigns just makes me think to simply use silver.

I though the whole point of gold is that it's worth the same today as in times gone by? So in theory, a Britannia is just as "expensive" as it was 20 years ago. This talk of fractional Sovereigns just makes me think to simply use silver.

I finally have some money to buy gold with - 1 week AFTER it skyrockets. I will wait and buy the dip.
 

I finally have some money to buy gold with - 1 week AFTER it skyrockets. I will wait and buy the dip.
 

It wouldn't surprise me at all if the speculators get their fingers burned soon. That pump was bitcoin-level.

It wouldn't surprise me at all if the speculators get their fingers burned soon. That pump was bitcoin-level.

It wouldn't surprise me at all if the speculators get their fingers burned soon. That pump was bitcoin-level.

https://archive.ph/2023.09.22-142035/https://www.ft.com/content/69b297ae-7e64-4a6a-ac32-25afd699f158
Fair taxes are reasonable. HMRC however has a history of punitive taxation at times, 1968 for instance where a retrospective taxation pushed higher rate taxation up to 130% (David Bowie, Rolling Stones ...etc. decided to self exile due to such 'confiscations').
You can almost feel the groundwork being prepared for such a period of punitive taxation again. Lock-down, and then hit. Part of more cases of the likes of gold purchases resulting in transactions being blocked/bank accounts closed is likely with that in mind.
It may become increasingly difficult to buy/sell physical gold as that momentum builds. Tories prepare the lock-down, Labour (after next General Election) do the confiscation.
The rich as ever will side step such practices. Assets that generate no regular income flows that can be tracked; Dispose of assets via private sales (buy a painting from another for a ludicrous amount, such that when they die their estate includes a asset that is valued at much less than the price paid, or that is re-sold at a massive capital loss to offset against capital gains elsewhere) ...etc.
We're entering a era where once again primary focus turns to return-of-money rather than return-on-money. I believe we're already at a point where the public sector as funded by the private sector, has the public sector being larger than the private sector (unsustainable).
See also https://www.fusionconsult.co.uk/what-is-hmrcs-connect-computer-system-and-how-can-it-help-with-tax-compliance/ (HMRC's CONNECT system)
 

Shades of Piers Corbyn's cash stunt:
That said, as much as I approve of social media stunts like this, you have to pick your battles. Paying with silver is for something much further down the road once/if we make enough progress. People should address the immediate threats for their social media awareness. This isn't it. Frankly I think we should all be making cash stunt videos and make the movement viral, then maybe we can move onto silver.

Not good for silver. Gold is better for tolerating those temperatures though.

If you're going the safe route, have the safe hidden too. The first line of defence is for nobody to know you have a safe with valuables at all. Then if they somehow discover it, the safe does it's job as the second line of defence.
So to that end, see where you can bolt it that even a determined adversary would be unlikely to find it. Bolted inside a disused water tank under the garden, for example. Of course, if an adversary has time, they can scour the property with a metal detector and that would find the safe. But hopefully the safe would then do it's own job. Have a think about putting the safe not in your home, but where nobody goes to.

If you're going the safe route, have the safe hidden too. The first line of defence is for nobody to know you have a safe with valuables at all. Then if they somehow discover it, the safe does it's job as the second line of defence.
So to that end, see where you can bolt it that even a determined adversary would be unlikely to find it. Bolted inside a disused water tank under the garden, for example. Of course, if an adversary has time, they can scour the property with a metal detector and that would find the safe. But hopefully the safe would then do it's own job. Have a think about putting the safe not in your home, but where nobody goes to.

Not good for silver. Gold is better for tolerating those temperatures though.

Why would anyone want to sell to bullion dealers and get short changed by them, when you can sell privately on forums like this for a fair price?

Things like this are why I only buy gold with cash. I haven't bought gold with a bank since 2016, since then it's always been with cash. I'd like to avoid nightmares like the ones shared on this thread.

Things like this are why I only buy gold with cash. I haven't bought gold with a bank since 2016, since then it's always been with cash. I'd like to avoid nightmares like the ones shared on this thread.

Why would anyone want to sell to bullion dealers and get short changed by them, when you can sell privately on forums like this for a fair price?