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Gold. Bullion or coins?

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    #11
    Originally posted by Troll View Post
    Hmmm - wonder what Hector would say about buying 4 of these from retained profits in the company

    If the price rises they would be sold and the difference trousered ( all hypothetically of course)

    Seems a better bet than the 0.250% from Cater Allen
    If you in need of a bullion talk to a bully ...

    I hear MF is doing final sale in his tat shop -

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      #12
      Originally posted by Troll View Post
      Hmmm - wonder what Hector would say about buying 4 of these from retained profits in the company

      If the price rises they would be sold and the difference trousered ( all hypothetically of course)

      Seems a better bet than the 0.250% from Cater Allen

      only £100k in the bank ? INKSPE, I spend more than that a year lighting my cigars with £50 notes. I would spend less but the caviar & champers I pour on the hookers breasts keeps putting out the Cigars.

      Love MF!
      Always forgive your enemies; nothing annoys them so much.

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        #13
        Why buy gold bricks when you can shit them?

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          #14
          Originally posted by GlenW View Post
          I've got two teenage sons, they cost me so much the only gold I ever see is on chocolate wrappers, and they are from my sons chocolate wrappers.
          It doesn't get any cheaper as they get older
          How fortunate for governments that the people they administer don't think

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            #15
            Originally posted by PurpleGorilla View Post
            Tempted to diversify into gold. I personally see the price point as quite reasonable.

            I understand Britannia coins £750 a pop are CGT exempt.

            Any advice for choosing gold to invest in?
            Silver Brits are CGT exempt too - they're legal tender innit.

            Silver is a better bet in so many ways - as for the VAT you could keep the silver in the business....sell with VAT if needs be or in the case of the zombie apocalypse just pick it up and go, doubt Gideon will care at that point.
            I'm a smug bastard.

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              #16
              Originally posted by greenlake View Post
              Why buy gold bricks when you can shit them?

              How did you find that?

              If you cannot polish a turd at least you can make it glittery....

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                #17
                Originally posted by PurpleGorilla View Post
                Any advice for choosing gold to invest in?
                If you must go with gold I'd suggest Brits anyway purely because they're exempt from CGT and are relatively small.
                If you need to liquidate gold it's much easier to shift a 1oz coin or two than to find someone who'll give you change for a kilo brick.

                Silver's still better.
                I'm a smug bastard.

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                  #18
                  Canadian Mapleleafs?

                  Unlike sovereigns which are 22ct gold, mapleleafs are 1oz of pure (24ct) gold.

                  That's what mate went for, he also went for some silver too.
                  The Chunt of Chunts.

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                    #19
                    Originally posted by MrMarkyMark View Post
                    Canadian Mapleleafs?

                    Unlike sovereigns which are 22ct gold, mapleleafs are 1oz of pure (24ct) gold.

                    That's what mate went for, he also went for some silver too.
                    The last couple of years the Britannia is 24ct and is VAT and CGT free.
                    http://www.cih.org/news-article/disp...housing_market

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                      #20
                      Originally posted by MrMarkyMark View Post
                      Canadian Mapleleafs?

                      Unlike sovereigns which are 22ct gold, mapleleafs are 1oz of pure (24ct) gold.

                      That's what mate went for, he also went for some silver too.
                      Brits have been 999 gold since 2013 but Mapleleafs are popular. All much of a muchness though unless you're wanting to moon over them. Buffalos, Eagles and Krugerrands are all nice.
                      My silver is mainly in 1oz bars as stacking coins gets a bit tricky once you have a few.
                      I'm a smug bastard.

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