Buying Gold Sovereigns

Ash_Pole

musehead said:

I bought some sovereigns on ebay a while ago (via a reputable company that sells on there) at the same time as a 10x nectar points promotion. I got them at spot price taking into account the cashback via nectar.

Could you give a link to this seller? I'm normally nervous about using ebay but if is this a good reputable company I'd be interested. 

Also has anyone used goldinvestments.co.uk? They seem to have some competitive prices atm.

kidmugsy

Can the data hacking problem be avoided by strolling into a shop and buying with cash?

coyrls

kidmugsy said:

Can the data hacking problem be avoided by strolling into a shop and buying with cash?

If you pass the money laundering checks. The stroll won't really help.

Type_45

If I could buy gold at the spot price, and sell it at the spot price in the future, and do so without my home address being linked to it, then I'd be more interested in physical gold.

But the reality is that you pay over the odds when buying it, you'll get less than spot price when you sell, and your purchase details and home address will be on some database somewhere and the security of that data is completely out of your control.

A database of gold purchases, with the physical addresses, would be a literal gold mine for criminals.


Just as with the database leak I mentioned earlier, it's unlikely the criminals will come to your house.  But the emails/calls/texts can be quite scary when they mention your actual home address.

SA100

If anyone is going to hack into Bullion By Post to find people with Gold. I doubt the thieves will go to the effort of searching the house/garden/shed for gold when they can take the car keys and nick the car. 

They could just forget the Gold and focus on hacking Range Rover Sports and sending them off Africa and Eastern Europe where people steal to order.

Type_45

SA100 said:

If anyone is going to hack into Bullion By Post to find people with Gold. I doubt the thieves will go to the effort of searching the house/garden/shed for gold when they can take the car keys and nick the car. 

They could just forget the Gold and focus on hacking Range Rover Sports and sending them off Africa and Eastern Europe where people steal to order.

Read my post immediately before you wrote this.

kidmugsy

coyrls said:

kidmugsy said:

If you pass the money laundering checks. 

What would they involve?

SA100

Type_45 said:

SA100 said:

If anyone is going to hack into Bullion By Post to find people with Gold. I doubt the thieves will go to the effort of searching the house/garden/shed for gold when they can take the car keys and nick the car. 

They could just forget the Gold and focus on hacking Range Rover Sports and sending them off Africa and Eastern Europe where people steal to order.

Read my post immediately before you wrote this.

I did, I think your worrying about nothing. You could hack Amazon and get similar details. If you buying  few sovs they are not that hard to hide. 

Type_45

SA100 said:

Type_45 said:

SA100 said:

If anyone is going to hack into Bullion By Post to find people with Gold. I doubt the thieves will go to the effort of searching the house/garden/shed for gold when they can take the car keys and nick the car. 

They could just forget the Gold and focus on hacking Range Rover Sports and sending them off Africa and Eastern Europe where people steal to order.

Read my post immediately before you wrote this.

I did, I think your worrying about nothing. You could hack Amazon and get similar details. If you buying  few sovs they are not that hard to hide. 

And how do you suggest getting around the rip-off rates you need to buy silver/gold, which is way above the spot price?

Right now, 1kg of silver costs £834 to buy on Bullion by Post.  They will buy it back from you for £602.

Type_45

Any truth in this?:

A video of a well-known conspiracy theorist (initials AJ) is doing the rounds on Twitter.  On this video AJ is urging the Reddit kids to switch their attention away from the stocks they've been focusing on and instead buy SILVER.

AJ says that there are far more bits of paper representing silver than actual silver.  And that if we all buy silver then it will expose this fact and the system will be exposed.  

AJ calls this the soft underbelly.  The kill shot.  This is the silver bullet the kids are looking for, says he...