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Buying Gold in one form of the other
[Deleted User]
Posts: 0 Newbie
Any investing in gold coins, etc. Any tips and recommendations for who to deal with?
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Comments
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iShares Physical Gold ETC
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Cant beat bullion sovereigns in the UK, close to spot price, fractional, CGT free, VAT free (like all investment gold) and highly liquid.Recommended dealers:https://www.chards.co.uk/
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If you live in an area with a flood risk, buying Gold Fish will avoid water damage and they tend to hold their value more than coins or ETCs.
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You can beat them because unlike large ETCs, coins have a ~6% spread and are far less liquid.markj113 said:Cant beat bullion sovereigns in the UK, close to spot price, fractional, CGT free, VAT free (like all investment gold) and highly liquid.Recommended dealers:https://www.chards.co.uk/
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mooneysaver said:If you live in an area with a flood risk, buying Gold Fish will avoid water damage and they tend to hold their value more than coins or ETCs.
The value of the gold fish and koi in my garden ponds keeps depreciating, mainly due to mortality rates.
My 1 ounce 22 carat krugerrands' value has risen by about 100% over the past 5 or 6 years.
And, as I own a presentation pack of 100 coins, among other coins and gold items, I am a very happy man.
As for your original question, Macshimi, there are so many companies that deal in such coins that you should google for the company that best suits your needs----there are different discounts for small, medium and large orders; and there are companies that charge much more than they should, compared to other companies. Some good ones have been mentioned in earlier helpful posts.
But check around before buying. And remember to plan for storage.
It is a wise man who invests in gold or gold coins IMO ( though gold prices should not, of course, be confused with those of gold coins ). All the very best and good luck.
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managed by JP Morgan, guilty of manipulating gold price lol. if rather not feed the beast and stick with the physical metal in my hand.jamei305 said:iShares Physical Gold ETC
https://www.google.co.uk/amp/s/amp.ft.com/content/2d7be5a6-d87a-11e9-8f9b-77216ebe1f17
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The iShares product is not managed or administered by JP Morgan, but managed by Blackrock and administered by State Street ; JPM are merely acting as a custodian and don't set or get the opportunity to 'manipulate' the price per ETC.markj113 said:
managed by JP Morgan, guilty of manipulating gold price lol. if rather not feed the beast and stick with the physical metal in my hand.jamei305 said:iShares Physical Gold ETC
https://www.google.co.uk/amp/s/amp.ft.com/content/2d7be5a6-d87a-11e9-8f9b-77216ebe1f170
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