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Roy

Premium Member
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Reputation Activity

  1. Like
    Roy reacted to sovereignsteve in Distance Selling Question   
    Agree entirely and I'm sure the law would too.
  2. Like
    Roy got a reaction from walesdave in Stack storage   
    Let's say you had a fire and your stack was caught in it, it would still retain its value wouldn't it? By value, I mean spot 'or melt' price, or % of.
    Only the numismatic value would be gone.
    Sure, you'd have to do some scientific trickery but all would not be lost...would it?
    I guess worse case scenario is that your 1819 is now worth the same as your 2015 and your Libertad is worth the same as your milky Maple?
  3. Like
    Roy got a reaction from calandlew1 in 1oz Solid Silver Fossilised Shark Teeth   
    A dead one I'd expect 
  4. Like
    Roy reacted to Paul in Silver Monitoring Thread £ only.   
    Put the risk and reward in the fate of OTHER peoples hands ?? .....................err NO.  Stocks ???  if you have six figures ??  maybe.......a little 
    Society & mainstream thinking, always advises YOU, to trust OTHERS, with YOUR money ! and for your complacency more often than not will charge you a fee or commission to do so 
    I DONT THINK SO
    If you are sat on £1k, £10k, or £100k in the bank and you have it sat earning the bear minimum in passive income you guys are seriously lacking creativity?
    If you have MADE  £10k in (X) industry, invest the hell in it, this is where you have MADE the money - if you've made profit there. you must obviously know what your doing
    Folk are lacking education, Folk are lacking enthusiasm, Folk want it handed on a plate
    Tie your money up for years in some crappy sub 1% ISA , that doesn't even cover what it will buy you in 1yr/3yrs/5yrs via erosion of inflation. So your cash will buy you less 'things' after the duration.
    YAY !!! we have negative interest rates now in Europe and no doubt coming very soon to Uk with our £2trillion + deficit!  
    INVEST NOW - we will see you only loose the very least in the years you tie it up with us - GREAT - Sign me up Jack !
    Can folk not ????????????
    If someone who can buy and sell an under price car at auction ? buy for £700 and flip for £800 Flip rubbish from a car boot for a few sheckles more on eBay in their spare time after work ? Can you not buy that extra bit of kit for your business to add an extra income stream ? Upgrade from a home inkjet printer to a dry-lab home professional  prints you can sell dog enlargements/school sports day prints/celebration birthday.wedding. nights in your local club Buy a closed pub and convert it to a cannabis farm in the cellar and upstairs and live off the bar takings as a 'legit' living Go onto new build estates to create a window cleaning round, if folk are daft enough to pay £250k for a shoe box of cardboard new build, your £6 a fortnight cleaning their windows is easy pickings Purchase knowledge, surround yourself with folk who can improve you, learn, read, research,have connections, make contacts. .....................and 10,000s more examples  
    Human nature is ridiculously selfish, and only serves ITSELF 
    YOU fulfil a need in ANY, in ANY market, that makes things EASIER, CHEAPER, SMALLER, FASTER, MORE REGULAR, BETTER, NICER, FANCIER you will make far and away above what you will ever get relying on others to make the money for you. 
     
     
  5. Like
    Roy reacted to KDave in Silver Monitoring Thread £ only.   
    Buy low and sell high. Best advice I ever got. 
  6. Like
    Roy got a reaction from ChrisSIlver in Painful   
    I totally agree! Watch this space 
     
     
     
     
    <<<<<<<<<<<<<<<<  
     
  7. Like
    Roy reacted to Paul in Painful   
    I am a member of various paid for subscription forums and you find content and members are far higher quality than free access for all forums.
    Just look at the plight of Money Saving Expert forums, so much good info in there but so much crap and irrelevant rubbish clouding the good stuff that is there, i just cant be bothered to sift through he rubbish
    As most know i do matched betting/bonus bagging.  Myself and over x5,000 others CHOOSE to subscribe to a matched betting yearly subscription forum/private facebook group and exclusive software.
    Many of us are in the £10k club, £25k club and a few over £50k club from this.   ALL through shared knowledge, helping, not bitching, jealously, complaining, knowing we are all on the same page 
    Do i complain about the £100 charge a year, not one bit and neither does anyone else in the group.
    .........Jeez, £12 per year for the forum here, around the the price of a pub lunch and you scratch your head if its worth it ?? 
    Just benefit from one or two purchases from @arshimo2012   will pay for your membership in product savings alone 
  8. Like
    Roy reacted to Kman in Painful   
    Why aren't you a premium member? you're missing out on deals and some interesting posts. It's well worth it 
  9. Like
    Roy reacted to lightjaw in FAQ attempt   
    Hi all, i thought this might be useful for new stackers. It's not finished, but its a start! All constructive criticism appreciated.
    Silver Forum FAQ’s
     
    This information is meant to answer some of the questions that new members may have with regards to silver and gold stacking. It will be a work in progress, but hopefully some people may find it useful.
     
    The questions I see asked most often, and ones I think people might find useful are :-
     
    What is the difference between proof and bullion?
     
    Proof and bullion are terms used to describe coins that are minted for different reasons. Proof coins are often made more for collectors rather than stackers, but there’s nothing stopping you from collecting both. Proofs often cost more than bullion due to the type of minting used. Proof struck coins are usually crisper and better defined than bullion coins, hence the premium. Bullion coins are less defined, and are usually minted in larger quantities than proof coins and are therefore cheaper.
     
    If you are only interested in the quantity of metal that you can collect for the cheapest price, bullion is usually the way to go. If you are interested in a coin that may increase in value above the cost of the metal in it, then proof might be better. There is no guarantee that a proof coin will increase in value over time, a number of factors can influence this. Some bullion coins have risen in value in their own right.
     
    Should I collect coins or bars?
     
    We can’t tell you this, it needs to be you who decides after looking at the information available. It depends very much on your reasons for collecting. Sometimes the cost of a 1oz bar can be less than a 1oz coin for example due to the minting/casting process used but not always. In the UK we have VAT which adds an extra 20% to the cost of silver coins and bars, but not to gold coins and bars. You can buy silver coins from Europe without paying VAT though, from companies such as Silver To Go. When you buy silver coins or bars from sellers in the EU, the vat is paid in the country you buy the coin from. So, if a country has a 5% vat rate for example, you would only pay that. Because it is in the EU, you do not pay additional taxes when the item arrives in the UK. Importing silver from non EU countries will make you liable for additional charges when it comes into the UK. Based upon this, it is often cheaper to buy silver coins than bars due to the VAT implication, but there are things called coin bars…
     
    I want to collect precious metals. What will go up in value the most over time?
     
    If only we knew! No one can promise 100% that an item will increase in value a lot over time. If we did know, we would all be sitting on beaches with cocktails while our private Michellin starred chef cooks our steaks.
     
    While we can’t with any certainty say what will rise over time, there are some things to look out for:-
     
    1)      Is it part of a set ie lunar
     
    2)      Does the coin have a new image each year ie panda
     
    3)      Is it minted in low numbers
     
    4)      Is there an existing collector base
     
    These can be an indicator that an item might increase over time, but is in no way a guarantee, and there are many other things that could cause a rise. Bear in mind that if you are collector for a long time, and invest only in Chinese panda coins, then when you come to sell in 20 years you might find that everyone else who has been collecting them is selling too, and there is a glut in the market. Other people on the forum can probably give you more detailed advice if you ask.
     
     
     
    I have seen CGT free advertised on bullion dealer websites, what does this mean?
     
    CGT stands for Capital Gains Tax. In the UK, this is a tax levied on profit that you make from selling an item. Many sellers use CGT free as a way to convince people that a particular item is a good buy. But is it?
     
    Well, it depends (and probably not).
     
    There is a CGT threshold which in 2016/2017 is £11,100.
     
    Meet Bob. Bob decides he wants to invest in precious metals and buys 10 gold coins. The amount he paid for each coin was £200.
     
    The day after he buys them, all gold mines in the world simultaneously explode/aliens invade/the dead come back to life or some such world changing event occurs, and the value of each of Bobs coins suddenly rises to £5,000 each (lucky Bob). Bob decides he needs the cash, so decides to sell 3 of his coins.
     
    He sells 3 coins for a total of £15,000. The amount he paid was £600, so his profit was £14,400. He has a tax free allowance of £11,100 for the year, so he is liable for tax on £3,300 of his profit.
     
    What Bob could have done was to sell only 2 gold coins, meaning that no tax would have been liable on his profit. The CGT free amount is per year, so if he sold 2 coins a year, he would never have to pay CGT, as long as he doesn’t sell anything else that he profits from that takes him over his yearly limit. So unless you are looking to make over £11,100 in profit each year by selling your gold/silver, you would do better to buy the cheapest/most likely to rise in value item, than worry about CGT.
    Coins in the UK which are CGT free are Sovereigns, Silver Brits, Gold Brits, basically coins that are made by the Royal Mint and have a face value in UK £.
     
    If however CGT is a concern for you because you have so many coins/bars please feel free to send me a PM so I can help you by taking some of it off your hands to…look after…….
     
    I have seen on youtube videos/websites that silver and gold are going to shoot up in value soon, should I put all my money into them?
     
    Many people online/on youtube have their own agendas. They want people to buy precious metals because it benefits them in some way. Take everything you read and watch with a massive pinch of salt. Don’t get sucked up with the hype, relax and look into it yourself. If, after looking into it in detail it makes sense, then you need to make that choice. Just be wary.
     
    Metals may go up, they may go down. In a year silver might be £50 an oz, it might be £5. We don’t know, and neither do the “experts”. Many of us think it might hence our collecting, but there is no guarantee. Make your own choice.
     
    Should I collect silver, gold or both?
     
    Collect whatever you prefer. Gold can sometimes be bought at a lower premium than silver, but then many people say silver is very undervalued and has more room to grow in price. Both have their benefits and disadvantages, but look at the information out there and make your choice.
     
    Do I have to pay VAT on silver and gold?
     
    Gold = no
     
    Silver = maybe, see the answer to the second question.
     
  10. Like
    Roy got a reaction from Jonson in It seems very interesting ! - Not mine - there will be more ? Dubai DMCC 1oz gold Burj Khalifa 2012   
    Fantastic airline. Great Kiddie package. 
  11. Like
    Roy reacted to HelpingHands in 2016 Pandas Milk Spots   
    I hope you asked permission to use that quote.
     
  12. Like
    Roy reacted to Danny-boy in 2016 Pandas Milk Spots   
    Pedantic I know, but Britannias have never been sterling.
  13. Like
    Roy reacted to HighlandTiger in MellJones   
    Have to agree with BB, I found your address from the info in your original post within 60 seconds and if i can so can a thief after your stack. Your FB page has lots of silver coin posts which is another give away to anyone looking to break into a property. 
    We are a right paranoid bunch about security on this forum.
  14. Like
    Roy reacted to Otto in Recommended Reading   
    ....... and play ......
  15. Like
    Roy reacted to Otto in Recommended Reading   
    A tad off topic but I just bought this:
    http://www.ebay.co.uk/itm/291735070962?_trksid=p2057872.m2749.l2649&ssPageName=STRK%3AMEBIDX%3AIT
    I can never turn down an old hardback
  16. Like
    Roy reacted to HighlandTiger in Is everyone still buying the same??   
    I will continue to buy every month. I'll buy when the price rises and i'll buy when it falls. The only time I will sell is when it reaches new highs. When gold hits £1200 an ounce I'll sell, When silver hits £30 an ounce I'll sell.
    People waiting for the $50k gold and $1k silver are living in a dream world. If the world has got so bad that PM's are hitting those prices, inflation will be so bad that by the time you have sold your PM's and converted them into cash, you'll have lost the profit you made due to the economy going tits up.
    Loved the recent verbal diarrhea from "guru" Rickards. Gold going to the moon because people will panic because of Russian cyber attacks on their bank accounts. No one will trust banks etc etc. Whilst this may be true, what he forgets to mention, is that your local supermarket doesn't accept silver or gold coins, (nice one Royal Mint, not even worth face value now, eh?), so you'll still need to use these banks that no one trusts in order to live.
    Never trusted these Chicken Little "experts" (experts  my arse, as Jim Royal would say). For the last three years  they have claimed that prices were going to rise to silly levels, next week, next month, next quarter etc etc. They havn't got a clue what will happen, and yet the sheep still watch their youtube videos and buy their books, (toilet paper is a lot cheaper), and hang on their every word.
    The only thing you can do is sit back, wait, take a bit of modest profit, (my minimum aim is to make the equivalent of 10% profit per year of holding an item), and ignore everything else.
  17. Like
    Roy reacted to morezone in Discover Australia 2012 1/10 (5 off)   
    I'd aim to pay £500 at most. I picked up the 2009 set for around £475
  18. Like
    Roy reacted to Paul in Discover Australia 2012 1/10 (5 off)   
    Get as much gold grams for your hard earned £ - whatever is on offer for the lowest % over spot is ALWAYS the best buy
    ALL those funky boxes, COAs, capsules etc just get in the way and take up room 
  19. Like
    Roy reacted to SilverPirate in Portfolio Diversification   
    I am heavily cash, all in cash ISA's, one in my name and one the wife's. I know some might feel it's risky but it is protected to £75k per person. It is easy to get too if the kids want bank of mum and dad.Also on my wife and i demise, it is very easy to get too by my offspring,i know iv'e had to do it. 
    I find it re-assuring to be able to look at my pension pot now and then. I think they "Government" will move the goal posts later and putting what cash i can in the ISA's now will use the allowance on the tax free side, which later on i won't be able to move it all over in one go to take advantage.
    I was into Property Partner but took the money out to buy gold, i might go back into it, it was not that bad.
    I really don't understand the share buying process and have not studied it, if i did i would buy utilities,and farming. Communication too. Transportation like Eddie Stobart maybe.
    I only have about 2k in metals mostly silver,but i feel gold sovereigns are the best buy and most liquid to sell..
    I am saving each month in the ISA's i could do an annuity, but i feel there vulnerable.
    Premium bonds are difficult for your offspring to cash in, it takes a while, but gives you the odd win, not really much of an investment but a store of wealth. 
    I wanted to buy an investment property but the wife would not let me, as we got rid of our mortgage last year and she, and i do too, to be fare, feel very secure knowing it's gone. Do i need the stress of being a landlord? My son has just become one, we will see where it go's.
    So for me it's cash and the occasional PM buy, that takes my fancy.I am buying metal now more for fun than investment to be honest.
  20. Like
    Roy got a reaction from ApisMellifera in How hard are you stacking? ...and are you worried for the future?   
    Great plans chaps! 
    Two points, if I may...
    Apis, I'd put it all into the credit card. Never invest when you have debt.
    KDave, is 60% too much? I know you're a clever guy but it sounds a lot? 
    And finally, I used to worry a lot. But now I understand that realising there is a problem is step one. Preparing is step two. I'm still concerned, mainly about my family. but I've done my best. Knowledge is everything.
  21. Like
    Roy got a reaction from ApisMellifera in How hard are you stacking? ...and are you worried for the future?   
    Great plans chaps! 
    Two points, if I may...
    Apis, I'd put it all into the credit card. Never invest when you have debt.
    KDave, is 60% too much? I know you're a clever guy but it sounds a lot? 
    And finally, I used to worry a lot. But now I understand that realising there is a problem is step one. Preparing is step two. I'm still concerned, mainly about my family. but I've done my best. Knowledge is everything.
  22. Like
    Roy got a reaction from ApisMellifera in How hard are you stacking? ...and are you worried for the future?   
    Great plans chaps! 
    Two points, if I may...
    Apis, I'd put it all into the credit card. Never invest when you have debt.
    KDave, is 60% too much? I know you're a clever guy but it sounds a lot? 
    And finally, I used to worry a lot. But now I understand that realising there is a problem is step one. Preparing is step two. I'm still concerned, mainly about my family. but I've done my best. Knowledge is everything.
  23. Like
    Roy got a reaction from ApisMellifera in How hard are you stacking? ...and are you worried for the future?   
    Great plans chaps! 
    Two points, if I may...
    Apis, I'd put it all into the credit card. Never invest when you have debt.
    KDave, is 60% too much? I know you're a clever guy but it sounds a lot? 
    And finally, I used to worry a lot. But now I understand that realising there is a problem is step one. Preparing is step two. I'm still concerned, mainly about my family. but I've done my best. Knowledge is everything.
  24. Like
    Roy reacted to Oldun in Today I Received   
    Yes, I dont mind collecting creased or holed coins like this 1762 1/4 guinea that would normally be very expensive. I get a story and numismatic history at an affordable price. I dont pretend to know enough about serious full on numismatic values yet, so this is a gentle affordable way of nibbling around the edges and having some cool coins with deep history. The 1/4 guinea  has two creases, -one was as a result of it being a love token with the other less visible one possibly being created when struck according to the JNDA registered dealer. I also have an 1827 1/2 sovereign holed for use as a necklace. I like to think the hole was made way way back as in the modern era (20th and 21st century), clasps were the main way of making a necklace.
  25. Like
    Roy reacted to Carpe Diem in Today I Received   
    Could be a love token, coins which were bent in two places slightly and given to women by their sweethearts.  You lost value because of it being bent but nice to know that you're possibly holding something which could have been treasured by a young woman more than 250 years ago.