Where to buy physical Gold/Silver Bullion at Market price?

bery_451

Nasqueron wrote: »

Firms back market crashes as part of their attempts to make money, BlackRock is notorious for it, I believe I recall Private Eye's recent issue correctly stating they have bet against 50 FTSE 100 firms all quite openly. While that would make them profit, it's hardly in the mainstream interest to engineer another crash, but rather Brexit (particularly a no deal one) may actually cause such a crash without any need for engineering.


Gold and metals are worth what people are willing to pay for them, in the event of a world disaster gold would be worthless (someone with guns, clean water, food etc would be rich vs someone with some largely useless metal, particularly if said metal could be taken at the pull of a trigger...). Gold prices could tank just as much as the economy could

You mean a world disaster such as a global recession or like a world war ss they are 2 different scenarios. There will always be a market for value for goods in any scenario so i doubt metals be worthless. Even in a nuclear underground bunker holding 50000 people there still be nothing for free down there so market will be inevitable.

ColdIron

bery_451 wrote: »

Even in a nuclear underground bunker holding 50000 people there still be nothing for free down there so market will be inevitable.

It would certainly be very whiffy and if I was sitting on a pile of soap and lavender pot pourris nothing would persuade me to exchange any of it for a lump of shiny metal

bery_451

Malthusian wrote: »

Presumably this conversation took place in their multi-million pound mansion or superyacht that they bought from correctly predicting the timing of the economic cycle? If not what makes them so credible?

People who talk like this buy nothing but silver and gold and always think there is a recession / depression next year. Eventually they are proven right. 90% of the time they are wrong. By sticking to this belief 100% of the time they lose money (compared to if they held something that was actually an investment, with an actual yield).

Those who try to hold real assets while the markets are going up and shiny metal when the markets are going down also lose money as 90% of them time it wrong.

Why not just stay abroad and live on your big pile of shiny grey metal while watching the J... ^H^H dodgy bankers burn the UK to the ground from a safe distance?

Predictions are not 100% certain to happen. Like the weather for example computer simulations predict the forecast but not 100% accurate as we all know and experienced. So no prediction is claimed to be credible unless its a prophecy from a prophet lol.

In fact people who bought gold from the last recession at high prices hardly lost any money as gold prices till now are still stable from then.

They dont want to run away from the possible problem but instead be prepared for it.

bery_451

ColdIron wrote: »

It would certainly be very whiffy and if I was sitting on a pile of soap and lavender pot pourris nothing would persuade me to exchange any of it for a lump of shiny metal

If you just had 1 bar of soap then its understandable however im talking bout individuals who have surplus of stock and that starts a market.

The whole oil market for example is owned by a couple of billionaires or even 1 person.

bery_451

Flobberchops wrote: »

It's even simpler than that. You find a dealer based outside the UK and you buy from them. There's a popular Belgian site I forget the name of, and I've used Goldcore (based in mainland Ireland) myself.

Do you have to pay import and custom taxes from silver abroad?

ColdIron

bery_451 wrote: »

Predictions are not 100% certain to happen. ... So no prediction is claimed to be credible unless its a prophecy from a prophet lol.

bery_451 wrote: »

Even in a nuclear underground bunker holding 50000 people there still be nothing for free down there so market will be inevitable.

One presumes that this is a prophecy from a prophet?

bery_451

ColdIron wrote: »

One presumes that this is a prophecy from a prophet?

Just giving an example mate. Don't take it seriously lol. It doesn't take a prophecy to predict a ww3 anyway as sooner or later that will bound to happen if the world continues as it is with rising tensions between the super power countries china, russia, india, uk, usa and more. We all can see it getting closer and closer day by day. Not saying it will happen. All SPECULATION

Hope everyone learns the new word called SPECULATION in this investments board and don't take everything with certainty lol.
Hmm isn't 90% of all investments in markets based on SPECULATION?

I wonder why? :think:

Ok jokes aside lets get back to the topic thank you.

Flobberchops

bery_451 wrote: »

Do you have to pay import and custom taxes from silver abroad?

Potentially if you buy from outside of the EU.

bery_451

Flobberchops wrote: »

Potentially if you buy from outside of the EU.

Ok from my understanding when buying vat free silver from a EU country except UK I don't have to pay import customs/duty/tax?

If that is the case then why buyers buy silver + vat from this country when instead they can save 20% from tax when buying from EU?

stephen160

i have bought silver from apmex.com in the usa , and have it delivered when on holiday.