Business warchest - buying gold etc

[Bumfluff]

Places like bullionvault are not really for speculation, they are aimed at longer term investment. Buy it, hold onto it for 6 months or more and then sell at a profit.

If you want to speculate on the short term price of gold you are better of going to one of the spread betting sites and placeing bets on the price movements.

Hi DaveB yes thats what I wanted to do was looking at 6-12 months minimum investment. I couldnt work out the site though

[northernladuk]

Hi DaveB yes thats what I wanted to do was looking at 6-12 months minimum investment. I couldnt work out the site though

And do you understand fully the implications of buying it through your LTD? tax implications, changing the nature of your business to investment if the amount you hold exceeds a certain amount, not buying it with money that is not yours i.e. what you owe corp/vat yadda yadda.

[Bumfluff]

And do you understand fully the implications of buying it through your LTD? tax implications, changing the nature of your business to investment if the amount you hold exceeds a certain amount, not buying it with money that is not yours i.e. what you owe corp/vat yadda yadda.

Hi, sorry I wasn't clear in my post, I was going to buy it with my own cash not through ltd.

cheers

[ratewhore]

If you want to speculate on the short term price of gold you are better of going to one of the spread betting sites and placeing bets on the price movements.

Fook that, I'll stick to the geegees if i want to gamble....