Godlike Productions - Conspiracy Forum
Users Online Now: 1,143 (Who's On?)Visitors Today: 444,865
Pageviews Today: 583,887Threads Today: 158Posts Today: 1,918
04:37 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Gold buying advice to UK investor please (pro and con)

 
Anonymous Coward
User ID: 33286937
United Kingdom
01/29/2013 04:37 PM
Report Abusive Post
Report Copyright Violation
Gold buying advice to UK investor please (pro and con)
I would like to get lots of advice, pro and con about buying gold.
I am in the UK but would welcome input from all.

Here is my situation.
I am mortgage and debt free.

Inflation has made me concentrate on buying in tinned and non perishable goods. I have several years supplies and have quite frankly run out of storage space.

I have bought clothing that will last me several years (eg prices for cheap trainers have doubled in 18 months) so i have several years in hand now.
I have cash in hand to deal with emergencies.
I garden and have good tools and several years of seed storage on hand.

It is the usual problem that you need to have many thousands of pounds before a savings account pays interest above our inflation rate.

I have an account but it pays 0.25% to savings below £5000 (thats why i stocked up on food that was increasing in price at a huge rate)

Would it be a good idea to start buying gold ?
(even in small amounts)

Does anyone have any reputable links for UK companies ?.

Do any of you people have alternative ideas for me ?

Many thanks
April
Anonymous Coward (OP)
User ID: 33286937
United Kingdom
01/29/2013 04:46 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Sorry ought to add.

I am a pensioner on an income of £600 per month that leaves me about £200 a month after bills and expenses (although price rises and inflation are gradually reducing this figure)

I am worried about stories about gold price fixing and would like advice about that subject as well.

Many thanks
April
Anonymous Coward (OP)
User ID: 33286937
United Kingdom
01/29/2013 04:52 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
BUMP please.

All genuine advice gratefully received.
Anonymous Coward
User ID: 1403333
United Kingdom
01/29/2013 04:55 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
Anonymous Coward (OP)
User ID: 33286937
United Kingdom
01/29/2013 04:56 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


THANK YOU !!

I will follow it up, many thanks,
April
bill shitters 1.2

User ID: 19820209
United Kingdom
01/29/2013 04:59 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


Gold is vat free in the UK but subject to CGT if sold for a hideous gain
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
Anonymous Coward
User ID: 33225391
United Kingdom
01/29/2013 05:02 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
agent
Anonymous Coward
User ID: 33276533
United Kingdom
01/29/2013 05:04 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:08 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
 Quoting: Anonymous Coward 33276533


Thank you,

I have never had any gold other than my wedding ring.
My husband, I have been a widow for over 30 years bought me a silver chain and i have always prefered it.

Thank you very much for the idea.
Many thanks indeed
April
bill shitters 1.2

User ID: 19820209
United Kingdom
01/29/2013 05:11 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
 Quoting: Anonymous Coward 33276533


Not to poo poo a good deal. The isle is a tax haven and the silver is like its vat free.

If so when shipped to UK and customs take a peak they might hit you with a tax bill before delivery
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:13 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
agent
 Quoting: Anonymous Coward 33225391


Well i understand you what with "big brother" etc and i dont know whether you are posting for fun or for a warning but !!

What the hell, I need advice, the govt may be watching BUT I need advice.

Many thanks agent smith (smile) I heed the warning !
I thank you as well.

Best wishes
April
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:18 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
 Quoting: Anonymous Coward 33276533


Not to poo poo a good deal. The isle is a tax haven and the silver is like its vat free.

If so when shipped to UK and customs take a peak they might hit you with a tax bill before delivery
 Quoting: bill shitters 1.2


Thanks so much, Yes I dont want to evade or commit a crime I just want to buy something that is worth while.

I have no children so its not an inheritance issue its just that I want to stop feeling that i am being stolen from AND getting a bit sick of being drained !!

Many thanks
April
bill shitters 1.2

User ID: 19820209
United Kingdom
01/29/2013 05:19 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Gold is good but just too rich for an awfully lot of people

Silver is always cheep but when weighed in you will easily lose the vat bit of the price unless floggged to seakers
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
Philligan
in rainbows

User ID: 2530194
United States
01/29/2013 05:24 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
April yes, also buy silver. I actually prefer silver right now because it is easier to accumulate. Doesnt take up as much space etc.


you can buy a little of both uncirculated and just regular rounds or 10 oz bars.

I have a lot of silver and gold but most recently began collecting graded silver.

Pf 70 Ms 70 etc and Morgan Silver Dollars.

It is a very fun hobby and keep in mind that you are not spending money frivolously you are actually buying money so to speak if that makes sense.

Most online companies are overpriced but they have great quality products. If you have a local coin shop I would go there for your volume buys while sticking to the online places for your top line buys or collectibles.

THey are expensive but check out Apmex: [link to www.apmex.com]

Its like a kid in a candy store when im on that site

Last Edited by Philligan on 01/29/2013 05:25 PM
everything in its right place
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:27 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Gold is good but just too rich for an awfully lot of people

Silver is always cheep but when weighed in you will easily lose the vat bit of the price unless floggged to seakers
 Quoting: bill shitters 1.2


Could you explain that a bit more to me please ?

(I am very new to this)

Do you mean that if i offered gold, most people would be unsure of the value (as i am) BUT the ordinary bloke on the street would be able to rate silver in value.

I dont know the term seakers BUT i guess they are like the adverts on tv that know the real price but are hunting for people desperate to sell at a low price ?

Thanks so much, April
Philligan
in rainbows

User ID: 2530194
United States
01/29/2013 05:29 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
I just picked this set up recently and cant stop looking at it. lol


[link to www.apmex.com]
everything in its right place
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:31 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
April yes, also buy silver. I actually prefer silver right now because it is easier to accumulate. Doesnt take up as much space etc.


you can buy a little of both uncirculated and just regular rounds or 10 oz bars.

I have a lot of silver and gold but most recently began collecting graded silver.

Pf 70 Ms 70 etc and Morgan Silver Dollars.

It is a very fun hobby and keep in mind that you are not spending money frivolously you are actually buying money so to speak if that makes sense.

Most online companies are overpriced but they have great quality products. If you have a local coin shop I would go there for your volume buys while sticking to the online places for your top line buys or collectibles.

THey are expensive but check out Apmex: [link to www.apmex.com]

Its like a kid in a candy store when im on that site
 Quoting: Philligan


Thank you so much. You are the first person from the USA to reply.

I am thinking as you point out it needs to be a bit of a hobby as well as an investment.

Thank you so much,
Best wishes,April
Philligan
in rainbows

User ID: 2530194
United States
01/29/2013 05:34 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
April yes, also buy silver. I actually prefer silver right now because it is easier to accumulate. Doesnt take up as much space etc.


you can buy a little of both uncirculated and just regular rounds or 10 oz bars.

I have a lot of silver and gold but most recently began collecting graded silver.

Pf 70 Ms 70 etc and Morgan Silver Dollars.

It is a very fun hobby and keep in mind that you are not spending money frivolously you are actually buying money so to speak if that makes sense.

Most online companies are overpriced but they have great quality products. If you have a local coin shop I would go there for your volume buys while sticking to the online places for your top line buys or collectibles.

THey are expensive but check out Apmex: [link to www.apmex.com]

Its like a kid in a candy store when im on that site
 Quoting: Philligan


Thank you so much. You are the first person from the USA to reply.

I am thinking as you point out it needs to be a bit of a hobby as well as an investment.

Thank you so much,
Best wishes,April
 Quoting: Anonymous Coward 33288605


Yea April it does and once you get started you will get hooked lol.

You seem to have your ducks in order and a very smart person so I think you will really enjoy it

Last Edited by Philligan on 01/29/2013 05:35 PM
everything in its right place
lightchild_uk
Waiting for IT

User ID: 33014056
United Kingdom
01/29/2013 05:38 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Make sure it is physical metal, not just an empty paper promise.

What about buying copper pipe?
or copper cables?
bill shitters 1.2

User ID: 19820209
United Kingdom
01/29/2013 05:38 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
[link to www.bullionbypost.co.uk]

Just one coin here is 32 20% is tax
When you weigh in instead of getting 1 pound a gram eyes will at best offer 70 to 75 pence a gram
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
Anonymous Coward
User ID: 33276533
United Kingdom
01/29/2013 05:39 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
 Quoting: Anonymous Coward 33276533


Not to poo poo a good deal. The isle is a tax haven and the silver is like its vat free.

If so when shipped to UK and customs take a peak they might hit you with a tax bill before delivery
 Quoting: bill shitters 1.2


I've bought 500 Guernsey 8-Doubles from them, and have paid exactly zero in Customs charges.

Guernsey is a VAT-free zone.
Useless Cookie Eater

User ID: 29696048
United States
01/29/2013 05:40 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Sorry ought to add.

I am a pensioner on an income of £600 per month that leaves me about £200 a month after bills and expenses (although price rises and inflation are gradually reducing this figure)

I am worried about stories about gold price fixing and would like advice about that subject as well.

Many thanks
April
 Quoting: Anonymous Coward 33286937


1) Don't expect people to give you full value for your gold in a SHTF scenario.

2) Gold was confiscated in the 1930's Depression.
If you purchase it now, there will be records of those purchases and they will potentially use them to collect the gold....again.


"In 1933, at the height of the Great Depression, the U.S. Government, under the Gold Confiscation Act, confiscated gold money from its citizens and replaced it with paper Federal Reserve Notes. It became illegal for individuals to own gold, except for small quantities that coin collectors and dental practitioners could hold. This alone eliminated the public’s capacity to hold government inflation of the money supply in check; they could no longer redeem inflated paper money for gold."

[link to www.greatdepressiononline.com]
Anonymous Coward
User ID: 33283130
United Kingdom
01/29/2013 05:41 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
you are not allowed to own gold in uk

end of!
Anonymous Coward
User ID: 11270093
United Kingdom
01/29/2013 05:41 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
You can buy physical gold bullion online in the uk VAT free and inclusive of delivery for around £46 per gram.

I am going to buy a little 5g bar soon... but that is for my element collection! :)

[link to www.thegoldbullion.co.uk]

[link to www.bullionbypost.co.uk]
bill shitters 1.2

User ID: 19820209
United Kingdom
01/29/2013 05:43 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Buy silver or gold from the Jersey Mint, no VAT, you can do it online...
hf
 Quoting: Anonymous Coward 1403333


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
 Quoting: Anonymous Coward 33276533


Not to poo poo a good deal. The isle is a tax haven and the silver is like its vat free.

If so when shipped to UK and customs take a peak they might hit you with a tax bill before delivery
 Quoting: bill shitters 1.2


I've bought 500 Guernsey 8-Doubles from them, and have paid exactly zero in Customs charges.

Guernsey is a VAT-free zone.
 Quoting: Anonymous Coward 33276533



Heck I might buy some when a few cheques clear
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
bill shitters 1.2

User ID: 19820209
United Kingdom
01/29/2013 05:44 PM

Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
you are not allowed to own gold in uk

end of!
 Quoting: Anonymous Coward 33283130


The private bank of England can do you a good deal on plated tungsten
The retired thread killer


Still the killa of threads

we come in peace shoot to kill
[link to au.youtube.com]

I can not talk TO aliens but do listen to the anally probed
Anonymous Coward
User ID: 33276533
United Kingdom
01/29/2013 05:46 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
...


April, I believe that would be the Guernsey Mint!

No VAT.

And you should buy silver, rather than gold.

[link to www.guernseymint.com]
 Quoting: Anonymous Coward 33276533


Not to poo poo a good deal. The isle is a tax haven and the silver is like its vat free.

If so when shipped to UK and customs take a peak they might hit you with a tax bill before delivery
 Quoting: bill shitters 1.2


I've bought 500 Guernsey 8-Doubles from them, and have paid exactly zero in Customs charges.

Guernsey is a VAT-free zone.
 Quoting: Anonymous Coward 33276533



Heck I might buy some when a few cheques clear
 Quoting: bill shitters 1.2


Yes, that's a good idea.

Buy some silver coins from them, and stop being a Goddammned bullshitter!
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:46 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
Make sure it is physical metal, not just an empty paper promise.

What about buying copper pipe?
or copper cables?
 Quoting: lightchild_uk


Thank you, Funnily enough I bought a load of micro bore copper pipe about 10 years ago after reading about "stills"

ROFL I am a tee totaller but i could see the usefulness.

I hope that people "searching" this topic can find exactly what you point out!##

PHYSICAL Not paper,

Thank you,
April
Anonymous Coward
User ID: 12064276
United States
01/29/2013 05:51 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
don't buy gold/silver expecting to make ''money'' but rather to preserve or keep the ''wealth '' that you have left after the gov is robbing you blind daily...
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:53 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
...


Not to poo poo a good deal. The isle is a tax haven and the silver is like its vat free.

If so when shipped to UK and customs take a peak they might hit you with a tax bill before delivery
 Quoting: bill shitters 1.2


I've bought 500 Guernsey 8-Doubles from them, and have paid exactly zero in Customs charges.

Guernsey is a VAT-free zone.
 Quoting: Anonymous Coward 33276533



Heck I might buy some when a few cheques clear
 Quoting: bill shitters 1.2


Yes, that's a good idea.

Buy some silver coins from them, and stop being a Goddammned bullshitter!
 Quoting: Anonymous Coward 33276533


Not exactly helpful to me or other people searching. You may have an excellent objection to this posters ideas but you are not really helping my thread, others in my situation or the general discussion.

I am not sure who you have a problem with but why not start a separate discussion on "bullshitters" ???

why disrail a proper discussion?
Anonymous Coward
User ID: 33288605
United Kingdom
01/29/2013 05:57 PM
Report Abusive Post
Report Copyright Violation
Re: Gold buying advice to UK investor please (pro and con)
don't buy gold/silver expecting to make ''money'' but rather to preserve or keep the ''wealth '' that you have left after the gov is robbing you blind daily...
 Quoting: Anonymous Coward 12064276


Thank you !

A voice of sanity !

Yes, I have never been rich but what I do see is that I am being robbed daily !

I will not become "rich" I just want to keep up with the cost of my needs.

In the Yorkshire Parlance , CHeers!
Keep well
Thank you,April

News








We're dropping truth bombs like it's the end of days!