bobhope

You may find it interesting to know that Swissmint have raised the prices of their half ounce silver coins from 20 francs to 55 francs: http://www.swissmint.ch/php/mhsCms/index.php?lang=en&action=showArticleItemDetail&ART_ID=30 These were fantastic coins: you could buy 0.52 oz (20g/32g *.835) of silver per coin for 20 francs . Each coin had (and still has) a face value of 20 francs, so you could never lose money (ignoring CHF currency risks) in CHF terms. Of course, when silver goes to the moon, their value would be the same as junk silver, i.e. 0.52 oz * XAG price. Effectively, it was a very, very cheap call option with no expiry. I've been buying them for a couple of years now but as silver has taken off, I was going to back up the truck and make a fortune. Just logged on to see that they've been re-priced. Of course now that they're 55 chf, it doesn't work any more. Agggh

I thought Merryn Somerset Webb buying a place was the last bear that turned indicator. We're looking to move back to London / SE sometime this year. Even with the 30%+ currency devaluation, the prices still look too high.