Big Deflation coming then even bigger inflation.

Silverbull

antrobus wrote: »

Well it would certainly help a few people if they had silver ATMs. Given the problems they seem to have in working out how to buy the stuff, anything that makes it easier should be welcome.

Thats exactly right.

Buying gold is easy, buying silver is another story.

I do think in the future the vending machines will offer gold and silver in tiny bars maybe 1gram like a think postage stamp.

Which one do you think would sell the most if the gold gram is 60 times more expensive than the silver one?

MrPThomas

Silverbull wrote: »

Thats exactly right.

Buying gold is easy, buying silver is another story.

I do think in the future the vending machines will offer gold and silver in tiny bars maybe 1gram like a think postage stamp.

Which one do you think would sell the most if the gold gram is 60 times more expensive than the silver one?

Yes this right, I have been trying to buy some silver.

Why are there charges to buy silver and not gold?

antrobus

Silverbull wrote: »

Buying gold is easy, buying silver is another story.

MrPThomas wrote: »

Yes this right, I have been trying to buy some silver.

Buying silver is pretty easy too. Particularly if you a) have a credit card and b) are able to type 'silver bullion' or something similar into Google Shopping. It's really not that difficult if you give it a go.

MrPThomas wrote: »

Why are there charges to buy silver and not gold?

You have to pay VAT on silver, but investment gold is exempt from VAT. (Only investment gold, mind you.) No idea why. Although I think that you can buy silver VAT free if you put your mind to it, so long as you don't actually take physical delivery of the silver. Which, of course, rather defeats the object if you're stocking up for the apocalypse.

Bangerchick

SilverStandard wrote: »

In the USA it took 200 years to go from zero $ to $825B in existence. Then along came the finacial crisis. Now we are talking Trillions of $, what comes after Trillions?

As no one else seems to have answered the original question I think I'll take a guess.

Is it Gazillions? Or maybe it is Brazilians? Now if it was Brazilians I expect that the currency would at least be worth looking at, even if it was worth nothing.

MrPThomas

Bangerchick wrote: »

As no one else seems to have answered the original question I think I'll take a guess.

Is it Gazillions? Or maybe it is Brazilians? Now if it was Brazilians I expect that the currency would at least be worth looking at, even if it was worth nothing.

Do you think the fiat currency experiment that started in 1971 will last that long.

If the QE does reach Gazillions around the world, how many zeros are on average paper note?

gubdlog

antrobus wrote: »

Try BullionByPost, see http://www.bullionbypost.co.uk/silver-coins/?gclid=CO-K6Jaw0qQCFVEA4wodLm8-KQ

American Eagles are £21.08 including VAT and insured delivery. Mind you you do have to buy 500 of them to get that price, but you do get them in their "original US Mint tubes". But then that's only £10,500 worth; what would be the point of investing any less? And you don't have to worry about getting them through customs and into the UK because that's already been done for you.

Why do you keep repeating the same nonsense about the US mint not making any more Silver Eagles when anyone who types '2010 Silver Eagles' into Google can find dozens upon dozens of retailers advertising the things for sale. They've even got them for sale on Amazon.com for pete's sake. They've got about a dozen different sellers there and their 2010 Silver Eagles are priced at between $25.20 and $41.95, or between £16 and £26, but then carriage is extra and there's VAT on top of that.

Proof coins are specially made for coin collectors. They're always produced in limited quantities. They come "sealed in a protective plastic capsule and mounted in a handsome satin-lined velvet presentation case with its own official Certificate of Authenticity". They cost more than ordinary bullion coins. If all you're interested in is the silver content it would be a waste of money buying proof coins. The fact that you don't appear to understand the difference between a proof coin and an ordinary coin strongly suggests that you don't actually know the slightest thing about investing in precious metals.

P.S.The price on BullionByPost does fluctuate minute by minute, so I can't promise it'll be £21.08. It did go as high as £21.13 a bit earlier.

P.S.S It's £20.97 now. Is this a buying opportunity?

they are a lot cheaper now in this dip