Gold Monitoring Thread £ GBP only

[treetop1280]

Thanks John for your sound advice 👍

[Leonmarsh]

Just now, treetop1280 said:

Thanks John for your sound advice 👍

Get him bloody provided with sound advice John 😄

[treetop1280]

Just now, Leonmarsh said:

Get him bloody provided with sound advice John 😄

Leon , I think Iv read between the lines ( you know what I mean) ?? 👍

[Leonmarsh]

1 minute ago, treetop1280 said:

Leon , I think Iv read between the lines ( you know what I mean) ?? 👍

It's just a comedy act of mine that no one finds funny but I'm bored lol 🤣

[JohnA1]

2 minutes ago, Leonmarsh said:

Get him bloody provided with sound advice John 😄

There are people on this forum who know a lot more than I do on PMs

I first pulled the trigger early 2015, it is highly likely there are people here who've been in the game far, far longer..

[treetop1280]

Just now, Leonmarsh said:

It's just a comedy act of mine that no one finds funny but I'm bored lol 🤣

As do I normally ,  😀

[Dankanugget]

Any profit from CGT coins can go towards a new TV licence.

 

[treetop1280]

2 minutes ago, Dankanugget said:

Any profit from CGT coins can go towards a new TV licence.

 

Nope not happening 👍

[Brit2023]

1 hour ago, JohnA1 said:

You do know sovereigns, britannias, silver brits etc are CGT-exempt, right?

Important to differentiate between CGT and inheritance tax. If you theoretically gift your children up to £3k worth of U.K. gold a year and survive the 7 years after the last gift, then there is no inclusion into your estate. As John says who will look too closely at a small estate anyway.

[Richard82]

3 minutes ago, Brit2023 said:

Important to differentiate between CGT and inheritance tax. If you theoretically gift your children up to £3k worth of U.K. gold a year and survive the 7 years after the last gift, then there is no inclusion into your estate. As John says who will look too closely at a small estate anyway.

We didn't have to declare anything of value in my dad's house. The solicitor said anything cash, jewellery etc doesn't have be declared.

Leave it in a secure place and let the kids know where it is.

[Dankanugget]

8 minutes ago, treetop1280 said:

Nope not happening 👍

Blow it

[treetop1280]

3 minutes ago, Dankanugget said:

Blow it

Burn it 👍

[ArgentSmith]

 

 

 

23 minutes ago, treetop1280 said:

Nope not happening 👍

 

Everyone on the internet now knows where you live, the house without a TV arial at that particular postcode 🍀

[Coverte]

2 hours ago, Brit2023 said:

If it’s a gift below £3000 each year then no tax, if over then it becomes a PET ( potentially exempt gift) in which case if you snuff it within 7 years it’s classed as part of your estate….unless rules have changed.

It's a good idea to just type out a letter each tax year, even when you don't have the actual funds, gifting family members £3,000 / per tax year.

Then, in later life, assuming your finances improve in later years, you can utilise those old letters and gift more money free of tax.

1 hour ago, JohnA1 said:

You do know sovereigns, britannias, silver brits etc are CGT-exempt, right?

CGT exempt - but not IHT exempt - big difference.

As above, I 'paper gift' on an ongoing basis; such the death duty - if we call it what it is - is reduced as far as is possible.

 

[Gruff]

11 minutes ago, Coverte said:

It's a good idea to just type out a letter each tax year, even when you don't have the actual funds, gifting family members £3,000 / per tax year.

Then, in later life, assuming your finances improve in later years, you can utilise those old letters and gift more money free of tax.

GENIUS!!!!!

I'm pinching this for my mom for my sisters kids.

[treetop1280]

depends who knocks on your door in this country , any nerd tv license , electric man , any government nerd , is the least of your worries?? 😀👍

[Dankanugget]

Claus Schwab will find you and implant ze chips 

Just now, Dankanugget said:

Claus Schwab will find you and implant ze chips 

Then you can be your own Ariel lol

[treetop1280]

26 minutes ago, ArgentSmith said:

 

 

 

Everyone on the internet now knows where you live, the house without a TV arial at that particular postcode 🍀

I won’t lose any sleep about internet nerds , there are worse men in this country who can knock on you door ????😀👍

[MickB]

7 minutes ago, treetop1280 said:

I won’t lose any sleep about internet nerds , there are worse men in this country who can knock on you door ????😀👍

I know what you mean. Jehovah's witnesses can be a bit much at times 😁

[stefffana]

Have a guess about Nostradamus's predictions (gold related):

14
The great credit of gold and abundance of silver
will cause honor to be blinded by lust;
the offense of the adulterer will become known,
which will occur to his great dishonor.

 

28
The copies of gold and silver inflated,
which after the theft were thrown into the lake,
at the discovery that all is exhausted and dissipated by the debt.
All scrips and bonds will be wiped out.

[JohnA1]

I can relate to the lake bit

[Earthmetal]

2 minutes ago, JohnA1 said:

I can relate to the lake bit

I can't, it's all Greek to me.

[ArgentSmith]

2 minutes ago, Earthmetal said:

I can't, it's all Greek to me.

90% sure its Romanian translation 😁

[Earthmetal]

4 minutes ago, ArgentSmith said:

90% sure its Romanian translation 😁

Ah yes, An English translation would be 92.5%

[JohnA1]

9 minutes ago, Earthmetal said:

I can't, it's all Greek to me.

That was the apocalypse of John.

Nostradamus was not Greek