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Best place to buy silver bullion?
Comments
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HansOndabush said:George_Michael said:HansOndabush said:Robinhoody said:HansOndabush said:Robinhoody said:HansOndabush said:Robinhoody said:Can anybody find any silver dealers who can hold of any bullion?
everywhere is sold out with long long waiting lists
real silver is now twice the price of the fake paper priceThat is totally wrong. BullionVault has allocated and audited gold and silver stored in Vaults completely outside the banking/financial system.The premiums on some coins might be double but on 1000oz bars it is only a few percent above spot.
please show me where someone can buy a 1000oz bar for this price? You cantTry using google:8% above spot or 7.33% if you are buying > £110K
To me, a few % would be 2 or 3, not 8.
the paper price of silver to receive a digital or paper promissory note is about half the price of real silver delivered to your door.
if you can prove me wrong then please show me where you can get real silver delivered to your door0 -
Sure i am about to get a lesson in precious metals but do places like the Royal Mint not take orders for delivery later on their bars/coins etc? As in the first site i searched which i am not sure i am allowed to name but begins CH is saying they have 1kg bars in stock and say while coins are harder to source they are having no problems with bars (and if they do in the future they will simply agree a price and supply later)1
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firestone said:Sure i am about to get a lesson in precious metals but do places like the Royal Mint not take orders for delivery later on their bars/coins etc? As in the first site i searched which i am not sure i am allowed to name but begins CH is saying they have 1kg bars in stock and say while coins are harder to source they are having no problems with bars (and if they do in the future they will simply agree a price and supply later)
I know bullion by post is paying very high prices over the paper lie price to by 1kg silver bars, and of course they have high demand to sell them at a huge profit0 -
So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?0
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HansOndabush said:So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
mu point is that the price of real silver is a hell of a lot more than the paper lie
the price has disconnected
if you invest in paper you won’t make as much profits or do as well as if you get real bullion
silver is fast becoming unobtainable
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The spot silver price can rise and premiums can narrow which means you make more money on contracts.The buy/sell spread is huge on physical coins plus there is VAT on purchases in the UK. There are other options than just buying physical. You have let yourself be led by the Reddit brigade.If you want to trade silver then the ETFs are the way to do it; they aren't going to implode anytime soon. Some of the better ETFs are closed funds with allocated silver in a recognised vault.If you want to hold physical outside of the banking system then BullionVault is a very cost-effective way.If you want to hold bullion yourself then just google the suppliers and take the best price; obviously better if you are buying bars and aren't trying to buy coins they are out of. Good luck.0
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Robinhoody said:HansOndabush said:So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
mu point is that the price of real silver is a hell of a lot more than the paper lie
the price has disconnected
if you invest in paper you won’t make as much profits or do as well as if you get real bullion
silver is fast becoming unobtainable1 -
Robinhoody said:HansOndabush said:So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
mu point is that the price of real silver is a hell of a lot more than the paper lie
the price has disconnected
if you invest in paper you won’t make as much profits or do as well as if you get real bullion
silver is fast becoming unobtainable2 -
firestone said:Robinhoody said:HansOndabush said:So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
mu point is that the price of real silver is a hell of a lot more than the paper lie
the price has disconnected
if you invest in paper you won’t make as much profits or do as well as if you get real bullion
silver is fast becoming unobtainable
Just have a look at the major bullion dealers in the UK.
ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE
It's a similar story with Bullion by post with far more out of stock than available:
https://www.bullionbypost.co.uk/silver-coins/
https://www.bullionbypost.co.uk/silver-bars/
Chards have only 1 type of silver bar in stock:
https://www.chards.co.uk/products/low-premium-silver-bullion-coins
I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.
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George_Michael said:firestone said:Robinhoody said:HansOndabush said:So what exactly is your point? Premiums for physical silver in small amounts fluctuate and are currently high. You can buy larger amounts closer to spot price. Spot price is controlled by the bullion banks and industrial demand. What else do you want to know?
mu point is that the price of real silver is a hell of a lot more than the paper lie
the price has disconnected
if you invest in paper you won’t make as much profits or do as well as if you get real bullion
silver is fast becoming unobtainable
Just have a look at the major bullion dealers in the UK.
ATS bullion. 52 different silver bullion items on their website, all but 5 out of stock:
https://www.atsbullion.com/silver-bullion/?gclid=EAIaIQobChMIoryCzszm7gIVj-3tCh2faQXcEAAYAiAAEgJSVPD_BwE
It's a similar story with Bullion by post with far more out of stock than available:
https://www.bullionbypost.co.uk/silver-coins/
https://www.bullionbypost.co.uk/silver-bars/
Chards have only 1 type of silver bar in stock:
https://www.chards.co.uk/products/low-premium-silver-bullion-coins
I've a fairly large holding of both silver coins and bars when I was buying (many years ago), there was never a problem getting hold of exactly what I wanted.
But is it not fair to say that dealers have been caught out by a rush to buy bars and coins by short term publicity and demand as some are holding stock as you say or most are saying order now and we will deliver when our next shipment comes in?
Is it not a bit like this time last year when loo rolls were becoming unobtainable at the retail point but the supply chain was holding more then enough?
You are obviously a long term buyer but as usual when something takes hold fast there will be winners and losers and i am guessing its more likely to be the dealers rather then the majority of social media buyers but its something else to watch during lock down and good luck to those who are in0
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