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Panicbuying

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  1. Gold Monitoring Thread £ only

    Welcome back!
  2. Gold Monitoring Thread £ only

    As per Andy Hoffman, weakness in gold price might be because traders are frontrunning the fact that the Chinese are going to be on holiday next week... They're back 9 October, so time your purchases wisely
  3. I always get really excited when I first learn about these initiatives, but after a couple of months in I usually come to the realisation that the after tax return is almost always better in my ISA...
  4. Totally agree, I'm out as well.
  5. I added significantly to silver earlier this year with the help of a forum member and thought that would be it for the year, but at current price levels it's hard to resist...
  6. Just curious at activity so far this year. (Voters/votes will not be made public)
  7. Today I Received

    Sent from my iPhone using Tapatalk
  8. Today I Received

    Nothing pretty, but efficient stacking.
  9. Traveling with gold/silver customs

    Thanks guys. It's just a case of me returning home after having worked abroad for a couple of years. Not as exotic as going to India so I think I'll stick to putting it in my hand luggage
  10. Today I Received

    Boring, but does the trick. Happy weekend all!
  11. Every time I go through customs at an airport I always notice the sign saying that you should declare anything over EUR/USD 10.000 in cash or equivalent. I have never understood why (apart from Zerohedge conspiracies) or what happens if you do. I have asked a couple of border control officers at different airports (UK and Europe) what would happen if they found over 10 Oz of gold in my luggage or what if I would declare it. Nobody I've asked so far seems to know, apart from that they have to complete a form. Does anybody have any experience with traveling with gold/silver and customs? Thanks
  12. Today I Received

    Has been a while since I added to the stack, my first Umicore silver bar.
  13. Semi Noobismatic

    Welcome. Leuk hier meer Dutchies te zien! Happy stacking!
  14. Buying Silver in the USA

    Let the hotel know in advance that you're expecting a delivery and should be fine. I've done this as well and had it ordered a day early just to be sure I would be there. You might want to check prices on Eagles with European sellers, doesn't seem to be that much of a difference. I would probably go for bars instead.
  15. Earlier this year they also bought Deutsche Bank's vault in London.... If they are stacking, so should you LONDON, May 16 (IFR) - ICBC Standard Bank is buying Barclays' London precious metals vault, giving the Chinese bank the capacity to store gold worth more than US$80bn in the secret location. The vault is one of the largest in Europe, with a capacity to hold 2,000 tonnes of gold, silver, platinum and palladium. It has been operational since 2012. ICBC Standard Bank said on Monday it has signed an agreement to buy the vaulting business and transfer the associated contracts, subject to consent. The deal is expected to complete in July. ICBC Standard Bank specialises in commodities, fixed income, currencies and equities and was formed in February 2015 when Industrial and Commercial Bank of China bought a 60% stake in Standard Bank's London-based global markets business. Neither ICBC Standard Bank nor Barclays disclosed the financial terms of the deal. Barclays said in January it intended to exit from precious metals and moved the business into its non-core unit, which includes all the business it wants to sell or close. Barclays' modern vault holds precious metals for pension funds, central banks, sovereign wealth funds and other investors. Most 'over-the-counter' gold and silver trading is cleared through the London market, and clearing banks provide services for clients to settle their gold and silver trades, and ultimately have to have access to reserves of physical metal. ICBC Standard Bank will become the first Chinese bank to operate its own vault in the UK, joining a small group to have the facility. Mark Buncombe, ICBC Standard Bank's head of commodities, said the deal is part of its plan to become one of the largest Chinese banks in the precious metals market. ICBC Standard Bank said last week it had joined the London clearing system for gold, silver, platinum and palladium, the first bank to be admitted to the group since 2005. London Precious Metals Clearing Ltd (LPMCL) operates a central electronic metal clearing hub, with deals between parties throughout the world settled and cleared in London.