Any Gold Stackers on SD?

[mudman]

I have a colleague who buys coins and he said he buries them in little stashes here and there. He does not like the idea of them being in his home, or a bank.

I kinda believe him as he is a bit eccentric.

 

[Bo Diddley]

I have a colleague who buys coins and he said he buries them in little stashes here and there. He does not like the idea of them being in his home, or a bank.

I kinda believe him as he is a bit eccentric.

Sounds like the guy I know, he buys physical gold & silver, has been for years, him and his mother have a few acres of land away from their home that they grow fruit & veg on, he has indicated that some of his is stashed/burried on their plot... they are both eccentric...

 

[tommustoe]

I dont buy gold and silver physically but I do trade Forex and particularly Gold. Have done for ten years now, first three years were on demo accounts but not it is all funded. Have a few extremley good accounts which are close to setting me up to financial freedom

 

[Jamouk]

I dont buy gold and silver physically but I do trade Forex and particularly Gold. Have done for ten years now, first three years were on demo accounts but not it is all funded. Have a few extremley good accounts which are close to setting me up to financial freedom

For every ounce of gold in existence there are over 100 people that believe they own it !

 

[tommustoe]

For every ounce of gold in existence there are over 100 people that believe they own it !

Never said i own any of it. I trade the markets on forex.

And I have been successful doing it for nearly 10 years now.

 

[Jamouk]

Never said i own any of it. I trade the markets on forex.

And I have been successful doing it for nearly 10 years now.

Yes understood , but always like to have what I'm buying in my possession

 

[UnframedDave]

I think VAT-free on gold, but I think silver has VAT added

I have bought Britannias from Germany in the past, no vat. Comes in identical packaging as if buying from the royal mint.

 

[Bo Diddley]

I have bought Britannias from Germany in the past, no vat. Comes in identical packaging as if buying from the royal mint.

Silver Britannias or Gold ones

 

[UnframedDave]

Silver Britannias or Gold ones

Silver. I have just read that Brexit closed that little loophole.

 

[VIGILAIRE]

Gold bullion is very difficult for the authorities to keep tabs on. Only you, and those you choose to share the information with, know what you've got and where it is. Easily converted back to cash worldwide totally under the radar. What's not to like?

 

[Dodder]

I was lucky enough to be given a couple of gold coins by my employer by way of bonuses a few years back and they have appreciated nicely - my plan is to buy more gold and maybe silver coins in the coming years as a way of being able to pass some wealth onto my kids without having to worry about IHT.
Be interested to hear what folk recommend as to who you buy from - Royal Mint or is there a better option?

 

[Bavarianbrit]

Land has got to be a good investment they are not making any more!

They will in Gaza by bulldozing a;; the rubble into the Med.

 

[Bo Diddley]

Royal Mint or is there a better option?

They are all pretty much identical.

 

[Stevie/P]

Be interested to hear what folk recommend as to who you buy from

The lucky lucky man

 

[Dogangun]

Has anyone used bullion by post?

 

[UnframedDave]

Has anyone used bullion by post?

Yes, to buy scrap value sovereigns.

 

[Bo Diddley]

Has anyone used bullion by post?

Yes, it's the only one I've used to buy a few silver Britannias.
Silver is affordable, and who knows, one day the price may find its true value instead of being manipulated.

 

[Dogangun]

Thank you for the replies. I've a little spare put aside and was thinking about buying silver coins as a long term option.

 

[Apthorpe]

Thank you for the replies. I've a little spare put aside and was thinking about buying silver coins as a long term option.

As a long term investment, perhaps it might be wise not to buy them at historically high prices, but to wait for lower prices.

 

[TringSaint]

I might start buying gold sovereigns and store them in my ammo box, that way when I snuff it there will be something in my cabinets which has an intrinsic value, as pretty sure my guns won’t!!
My desire to leave money for the hmrc is pretty low, esp as they have benefitted pretty well from me during my career, so a bit of gold for the kids (grandkids if I ever have any) which would be under the radar at carking time then it will be a nice surprise for them.