Best way to buy Gold bars or coins?

Asheron

sabretoothtigger wrote: »

What is silver consumed in mostly ?

Great Question...

It is used to make several compounds useful for industry:

• Silver carbonate is used to remove Carbon dioxide from the air.
• Silver chloride can be made transparent and is used as a cement for glass.
• Silver chloride is a widely used electrode for pH testing and potentiometric measurement.
• Silver fulminate is a powerful explosive.
• Silver iodide has been used in attempts to seed clouds to produce rain.
• Silver nitrate is used as an antiseptic and in some chemical reactions.
• Silver sulfide, also known as Silver Whiskers, is formed when silver electrical contacts are used in an atmosphere rich in hydrogen sulfide.
• Silver oxide is used as a positive electrode (cathode) in watch batteries.

Also...

• Nuclear Reactors
• Camera's
• Solar Energy
• Medicine
• Food
• Clothing ( Those new socks that stop them smelling )
• Silver Smiths
• Catalysts
• Electronics

Asheron

Historically, an ounce of gold will buy you 31 ounces of silver

Asheron

So Silver should be today £40 an oz,


If Oil was at what it was in July $140 a barrel, Gold would be about $2000 an oz right now, bare that in mind, when oil goes back up which it will do, Gold will go up with it.

Correct me if I'm wrong but that would be £60 an oz of Silver

novazombie

Is now a good time to buy Gold?

In many way I wish I bought a few months ago prices shot up since then.

Also my pounds are worth so much less than a year ago, but I think the pound is still going to go down further. Even talking about sterling is finsihed.

So would now be a good time?

Anyone got a good place to see a graph of gold per oz in pounds?

crazygaijin

Asheron wrote: »

So Silver should be today £40 an oz,


If Oil was at what it was in July $140 a barrel, Gold would be about $2000 an oz right now, bare that in mind, when oil goes back up which it will do, Gold will go up with it.

Correct me if I'm wrong but that would be £60 an oz of Silver

Yes Silver is set to surge, but how are us Brits suposed to benefit?

We have to pay VAT on physical silver, we dont have to with Gold.

I hold physical Gold but paper Silver with unalocated Perth Mint certificates.

Asheron

Here is a good site for Graphs, my favourite. I liek the Historic trend charts you can click on the left hand side....


http://www.kitco.com/charts/livesilver.html

Asheron

If Gold goes over $1000 oz it will be on the news every day of the week, that is why they keep it below.

They don't want 99% of the population to buy Gold,

They are called Plunge Protection Teams.

trenchwars

Asheron wrote: »

So Silver should be today £40 an oz,

Or alternatively gold should be £285 an oz.

JB9302

Just put a toe in the water and ordered some Silver Maple Leaf coins from Coininvestdirect.com ( min order £200 ) , just seeing how the company processes the order before I spend a bit more on Gold/Silver .

Asheron

Hey im very happy for you