Reply to: Gold

[Hobosapien]

FYI: I keep my gold and silver stash in my gun cabinet; all bases covered in an emergency

Reminds me of that Young Guns movie (or was it Young Guns II) where Billy the Kid (Emilio Estevez) shoots a sheriff with a gun loaded with dimes.

"Best dollar 80 I've ever spent".


About as much use gold coins will be in the zombie apocalypse. Chocolate coins are better, you can eat them.

[walesdave]

I've got 35 sovereigns and about 30oz of silver - I find it easier to save this way rather than trying, and failing, to save in a bank account etc.

Buying and selling gold is very easy, a few good online dealers (for gold sovs) are 'Hatton Garden Metals' and 'Atkinsons'. Buying and selling is pretty quick and easy with next day delivery and instant transfers when selling (once they recieve your gold). Dealer prices are much better than the high street or the 'Cash for Gold' scam artists!

FYI: I keep my gold and silver stash in my gun cabinet; all bases covered in an emergency

[MrMarkyMark]

Government UK gold scam, you say?

[DimPrawn]

Whoever got AK47 will exchange your gold for your life, whilst keeping AK47...

Guns, ammo, fuel, canned food - everything else won't matter.

You've heard it on here first...

[AtW]

Physical gold is meant for exchange for an AK47 and box full of ammo. That way your family survives, and the ones that bought stock market shares or paper gold don't.

Simples.

Whoever got AK47 will exchange your gold for your life, whilst keeping AK47...

Guns, ammo, fuel, canned food, 1200 baud modem to access CUK BBS - everything else won't matter.

You've heard it on here first...

[DimPrawn]

It's not meant for that.

Physical gold is meant to be used as last resort to buy loaf of bread or last ship ticket to get the hell out of before the commies get there.

HTH

Physical gold is meant for exchange for an AK47 and box full of ammo. That way your family survives, and the ones that bought stock market shares or paper gold don't.

Simples.

[AtW]

Sounds like a scam. "Thank you for buying some gold. We can't let you have it but here are some photos as proof that it is safe in our vault. You can name the bars if you like. Let us know if you want to sponsor any other bars. By sponsoring a bar you are helping to preserve the purity of gold. Helping protect it from ending up as chav jewellery or gangsters fillings."

It is...

[Hobosapien]

How convenient for the Govt - private mugs spend money to boost Govts emergency gold reserve

Sounds like a scam. "Thank you for buying some gold. We can't let you have it but here are some photos as proof that it is safe in our vault. You can name the bars if you like. Let us know if you want to sponsor any other bars. By sponsoring a bar you are helping to preserve the purity of gold. Helping protect it from ending up as chav jewellery or gangsters fillings."


About time I got on with that plan B idea: "Buy carbon credits from us today. We'll show you the trees it's paid for and send regular photos of all the happy little birds nesting in them. Buy your green credentials today, they're tax deductible."

[greenlake]

How do you go about selling physical gold when cashing in a long term investment? Take your bar(s) to a local dealer offering a reasonable price?

[AtW]

If bought via a Sipp it's a paper trail only you never get to see it for real: "Accounts relating to pension schemes are structured to ensure that only HMRC-defined eligible products are available to purchase and all purchases go directly into storage at The Vault™, The Royal Mint’s secure precious metals storage facility. Delivery of such gold is not possible. Through our Buy Back Facility, all individuals can sell part or all of their gold holding and the money will remain in their Royal Mint account until they advise the provider to return the money to their pension fund.

How convenient for the Govt - private mugs spend money to boost Govts emergency gold reserve

[DallasDad]

Free delivery

If bought via a Sipp it's a paper trail only you never get to see it for real:


"Accounts relating to pension schemes are structured to ensure that only HMRC-defined eligible products are available to purchase and all purchases go directly into storage at The Vault™, The Royal Mint’s secure precious metals storage facility. Delivery of such gold is not possible. Through our Buy Back Facility, all individuals can sell part or all of their gold holding and the money will remain in their Royal Mint account until they advise the provider to return the money to their pension fund.

[AtW]

How do you go about selling physical gold when cashing in a long term investment? Take your bar(s) to a local dealer offering a reasonable price?

It's not meant for that.

Physical gold is meant to be used as last resort to buy loaf of bread or last ship ticket to get the hell out of before the commies get there.

HTH

[Hobosapien]

How do you go about selling physical gold when cashing in a long term investment? Take your bar(s) to a local dealer offering a reasonable price?


I often read about how holding physical gold is worthwhile as a diversification of investment. Especially in volatile times when the threat to bank stability and 'haircuts' are as likely as interest rises for your savings.

Hands up who here really has any gold in their possession that amounts to more than a bit of bling? Is there a serious benefit to holding gold or is it for those who also hold more tins of beans than a local Tesco?

Relax, we don't know where you live.

[KentDogWalker]

There price is almost double the price you can buy elsewhere....

https://www.bullionbypost.co.uk/gold...gram-gold-bar/

BBP are good, if you ask them for second hand silver you can get it much cheaper. Don't tell anyone though I said so..

[d000hg]

Free delivery

Hopefully not with Yodel