Silver Monitoring Thread £ (GBP) only.

[theman73]

13 minutes ago, ZRPMs said:

The problem with silver is the VAT issue. I don't mind silver. In fact I have far more silver than gold, but why put myself in the hole for 20%

The secondary market for silver is the answer, you don't need to buy your silver coins from Royal Mint.

All the people who bought from me last year they are in profit now, and amazing they bought silver coins.

Please all stop this VAT thing.

[ZRPMs]

Guys , I've just sold 3 sovereigns and converted it to silver.  Just got back with it in my back pack.

[theman73]

1 minute ago, ZRPMs said:

Guys , I've just sold 3 sovereigns and converted it to silver.  Just got back with it in my back pack.

 

[HonestMoneyGoldSilver]

5 minutes ago, ZRPMs said:

Hide it in plain sight.  Anyone know where I can get corrugated sheet of silver please.

And despite being exposed to the elements for 20 years it's still in better condition than 2023 KCIII Britannias

[James32]

2 minutes ago, ZRPMs said:

Guys , I've just sold 3 sovereigns and converted it to silver.  Just got back with it in my back pack.

On a serious note, hand 100 people 6 x sovereigns, then hand them a 100oz silver bar, what do you think they'd choose? Silver every time. 

[Darr3nG]

1 minute ago, James32 said:

On a serious note, hand 100 people 6 x sovereigns, then hand them a 100oz silver bar, what do you think they'd choose? Silver every time. 

Why would they have to choose? You've just handed them both! Seriously!!!

[HonestMoneyGoldSilver]

Just now, James32 said:

On a serious note, hand 100 people 6 x sovereigns, then hand them a 100oz silver bar, what do you think they'd choose? Silver every time. 

I did this last year. I had 1oz gold and 10oz silver britannia bars and everybody wanted the silver. People are incredibly dumb though

[Upsidedown]

2 minutes ago, James32 said:

On a serious note, hand 100 people 6 x sovereigns, then hand them a 100oz silver bar, what do you think they'd choose? Silver every time. 

Wait ask me, ASK ME ASK ME

[HonestMoneyGoldSilver]

1 minute ago, HonestMoneyGoldSilver said:

People are incredibly dumb though

 

Just now, Upsidedown said:

Wait ask me, ASK ME ASK ME

Case in point

[stefffana]

1 minute ago, HonestMoneyGoldSilver said:

I did this last year. I had 1oz gold and 10oz silver britannia bars and everybody wanted the silver. People are incredibly dumb though

 

[Darr3nG]

1 minute ago, HonestMoneyGoldSilver said:

 

Case in point

[Upsidedown]

Just now, stefffana said:

 

Don't see olympians striving for 2nd place cuz it's silver mate! Everyone wants the big boy stuff

[ZRPMs]

To be fair. I like silver, and as I have said I do have a boat load of it (hope it doesn't sink this time). It's just not practical for every scenario. So blasting someone for buying gold instead is at best just bad form. I only buy on the second hand market but mention any thing about not paying VAT and you soon find out the Guardian readers as they call you a Tax evader whilst they are doing the same thing.

[stefffana]

Just now, Upsidedown said:

Don't see olympians striving for 2nd place cuz it's silver mate! Everyone wants the big boy stuff

Neah....

It's only because someone decided few thousands years ago to say that gold more valuable than silver, even was wrong!

 

[ZRPMs]

By the way, silver up 73p an ounce this week thus far.

[Bigmarc]

28 minutes ago, Darr3nG said:

Spectrum v Commodore 64

Amiga Vs Atari. 

I think you may have ten years on me 

[Upsidedown]

I don't see gold or silver as an investment as such. Just as protection against inflation and a way for me to have more control over my own money instead of using banks.

I just personally prefer gold.

[Darr3nG]

3 minutes ago, Bigmarc said:

Amiga Vs Atari. 

I think you may have ten years on me 

I had to fight that fight too  

[stefffana]

13 minutes ago, HonestMoneyGoldSilver said:

 

Case in point

😂😂😂😂😂

 

[Roy]

A lot of people, myself included, made mistakes with silver. It was probably just impatience but silver looked to be a poor investment and gold was buzzing.

Looking back through my records, I was paying £420-440 a kilo and £145-150 for 10oz.

Had I been patient,  I would've done rather well.

Some members have been holding huge amounts of silver for years and their patience will certainly pay off 😊

Edited November 29, 2023 by Roy

[HonestMoneyGoldSilver]

15 minutes ago, ZRPMs said:

To be fair. I like silver, and as I have said I do have a boat load of it (hope it doesn't sink this time). It's just not practical for every scenario. So blasting someone for buying gold instead is at best just bad form. I only buy on the second hand market but mention any thing about not paying VAT and you soon find out the Guardian readers as they call you a Tax evader whilst they are doing the same thing.

I'm onboard with both gold and silver. The price of one is 80% described by the price of the other and historically they have comparable returns, with gold coming out on top but not by a huge margin. I hope it doesn't come across I am blasting folks for buying gold because I buy gold, more than 50% of my stack by value is gold. I'd prefer to own more silver tbh but if I keep buying gold I can't afford to also buy huge amounts of silver 🤷‍♂️

[theman73]

13 minutes ago, Roy said:

Looking back through my records, I was paying £420-440 a kilo and £145-150 for 10oz.

Had I been patient,  I would've done rather well.

Bingo

[ZRPMs]

1 minute ago, HonestMoneyGoldSilver said:

23 minutes ago, ZRPMs said:

To be fair. I like silver, and as I have said I do have a boat load of it (hope it doesn't sink this time). It's just not practical for every scenario. So blasting someone for buying gold instead is at best just bad form. I only buy on the second hand market but mention any thing about not paying VAT and you soon find out the Guardian readers as they call you a Tax evader whilst they are doing the same thing.

I'm onboard with both gold and silver. The price of one is 80% described by the price of the other and historically they have comparable returns, with gold coming out on top but not by a huge margin. I hope it doesn't come across I am blasting folks for buying gold because I buy gold, more than 50% of my stack by value is gold. I'd prefer to own more silver tbh but if I keep buying gold I can't afford to also buy huge amounts of silver 🤷‍♂️

It wasn't a dig at anyone. More of a "I like silver but leave me alone for buying gold". I think all too often when in the market for gold for my own circumstances. Insinuations have been made that I'm against silver. I think by the second day I was on here some one accused me of being a Tax dodging builder. Luckily I can prove I'm not. Anyway, sorry for the small out burst. If it helps I feel the same way with Platinum as I do with silver. Although you don't need 4 ton of the stuff. 

[Bigmarc]

6 minutes ago, ZRPMs said:

Insinuations have been made that I'm against silver

I am on here loads, never noticed and you don't come across this way, I block anyone that actively goes out of their way to cause conflict in someone's own personal investment choice. 

The only exception is @HonestMoneyGoldSilver around crypto as find it amusing. 

I am top heavy on silver but I would say it was more of a passion and I have done pretty well out of it (compared to my other choices). Have a hand full of sovereign's but haven bought in ages

[ZRPMs]

@Bigmarc To be fair. It's not been often. That's what I like about this place. On the whole, we have a laugh, pick up some info and even if there is a difference of opinion it's worked out with a relative minimum of fuss. I suppose I only make reference to the isolated instances that have been very few and far between. However, I did take Umbridge to the time I was accused of being a tax dodging builder. I mean, me with tools in my hands. 🤣🤣🤣