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

bery_451

Looks like gold is revisiting its all time high price however silver is still kinda cheap now which is confusing? Usually they are both correlated in price like they were in the last recession. What gives? Why silver not going up like gold is?

Will brexit talks affect the gold and silver markets? Also people are speculating another recession is on its way next year. If so gold must pass and set a new all time high price and what about silver price?

All this gold and silver physical materials needs a full time education course to learn all this stuff to become an expert lol. Recently visited a retailer bullion stockists and he talked about silver getting those horrible milk spots on them:eek:, proof coins (non-standard), standard coins, series, editions. Different places where its mint from etc. It's really complicated with all these variables.

With standard investment coins they are only worth the market value however proof coins aka numismatic coins are the coins collectors are interested in not investors and these coins can still be valuable even when the gold/silver markets come down. However proof or numismatic coins are way more expensive to buy and are they usually limited to 1 per household only?

baza52

have you not bought anything yet?

greektony

just pull the trigger with either EuropeanMint or GoldSilver.be

I have purchased silver through both. I recommend you use a website such as transferwise. Get your invoice in Euros from either and then use transferwise to settle the bill. You will find there £ prices on the site do not use a favourable exchange rate.

I have purchased silver Krugerrands, Maples, Britannias and Queens Beasts through them.

David_Evans

greektony wrote: »

just pull the trigger with either EuropeanMint or GoldSilver.be

I have purchased silver through both. I recommend you use a website such as transferwise. Get your invoice in Euros from either and then use transferwise to settle the bill. You will find there £ prices on the site do not use a favourable exchange rate.

I have purchased silver Krugerrands, Maples, Britannias and Queens Beasts through them.

Do you avoid paying VAT this way?
What's the premium over spot you pay?

greektony

David_Evans wrote: »

Do you avoid paying VAT this way?
What's the premium over spot you pay?

Yes, you avoid paying UK VAT and no extra customs invoice on receipt of delivery.

I think my last order worked out at about £14.50 per Britannia including postage. I suggest you look at the websites I suggested to see how much cheaper they are than UK dealers.

greektony

Goldsilver.be usually has the larger selection of coins compared to the EuropeanMint

greektony

Also, for anyone interested in silver or gold bullion buying i suggest you sign up to thesilverforum.

bery_451

Coming back to this thread, in times like this, wow . Hopefully can help viewers reading this so lets summarise the posts and predictions in this 7 page thread started couple of years ago:

- Are we now facing a possible global recession/depression? Yes

- Has Gold/Silver Prices gone up? Yes

- Which UK ETF sites are the best that has actual precious metal vaults in UK that customers can verify and also have a head office in UK? ETF's are for customers that like to buy Gold/Silver easily than risking holding the real thing and storing it underneath the bed living in high crime areas. ETF's are risky too because the company might go out of business or they might lie of owning vaults where customers had never seen. Also a local Head Office in the same country is required just in case customers like to bring legal cases against the company that has strangely vanished. Although this is very unlikely in current market conditions where Gold/Silver is thriving. So the question is which ETF sites are the most established and trustworthy for UK Gold/Silver buyers?

- Is purchasing Silver ETF's on UK sites subject to VAT?

EdGasketTheSecond

It's not so much a question of uk etf sites as I'm not sure there are any, but what etfs can be traded in GBP and thus avoid forex charges. So the gold and silver etfs traded in GBP with a lse listing are iShares and  WisdomTree. IShares have JP Morgan as the custodian while WisdomTree have Hsbc. WisdomTree appear to have larger funds than the iShares. There may be others but the funds of these two can be easily traded in GBP with minimal spread and no vat or stamp duty.  

snowqueen555

It is worth looking at palladium prices also, very interesting to see it's price increase in recent year.