2oz silver britannia's vs 1g gold bar

[Dpurch44]

Hi

This is my first post and was wondering if I could ask for some advice.

Basically when I buy a 1oz gold britannia I normally buy some 1oz silver britannia's to round it up to the next £100

I:E 

If I buy a 1oz gold britannia for £1210 I will buy £90 worth of silver to round it up to £1300

 

My question is, is it worth me buying 2x 1g gold bars for £90 rather than 4 oz's of silver for £90?

 

I know fractional gold brings higher premiums but silver brings added VAT that i can't recover.

So I'm wondering is it worth buying a gold bar rather than 2 oz's of silver as they cost relatively the same.

Also are 1 gram bars as easy to liquidate as silver britannia's?

 

I hope I have explained this well, any advice/guidance from you all would be greatly appreciated.

 

Thanks in advance.

[BackyardBullion]

Welcome to the forum 

Silver does not always need to have VAT.

If you put that cash aside and then bought from a European dealer you would make it much cheaper per unit.

Otherwise gold in fractional form is almost as high a premium (depending on the item) - but can be liquidated faster. Sadly those 1g gold bars don't often sell for the same premium quickly though.

Tough one for sure!

[HawkHybrid]

imo only buy what best fits your strategy and

put the £90 towards the next purchase.

don't buy things that are just convenient, buy

things that make sense.

 

HH

[Dpurch44]

Hi

Thank you very much for your advice, i hadn't considered European dealers. I will definitely look into this, 

Also the point about not buying for convenience makes sense, my strategy is the long game (retirement/leaving something for my kids). So European dealers coupled with saving it back for the next 1oz gold britannia is probably a better strategy.

Thank both for your advice, this is a helpful forum 👍 

Cheers.

[Silverclown]

If you playing the long game then play the gold/silver ratio.

[Dpurch44]

1 hour ago, Silverclown said:

If you playing the long game then play the gold/silver ratio.

Do mean to have like a 80/20 ratio for example?

Also would you base the ratio on weight or value? 

I:E

80oz of gold / 20oz of silver 

Or

£8,000 of gold / £2,000 of silver 

Cheers 

[HawkHybrid]

https://www.youtube.com/watch?v=XEbF_z8c1zM

this video explains more on the gold to silver ratio(gsr)

 

HH

[Silverclown]

1 minute ago, HawkHybrid said:

https://www.youtube.com/watch?v=XEbF_z8c1zM

this video explains more on the gold to silver ratio(gsr)

 

HH

I was just about to write a massive essay on GSR but now I don’t.😀

[Dpurch44]

Ah I understand now, that's an interesting topic. I hadn't considered that before. Thank you both for the information, this will definitely help a few decisions in the future.

Cheers.