warpig

Yes silver Britannias are also CGT exempt.

It's only legal tender coins that are CGT exempt. Holding bullion in any other form incurs capital gains tax. http://www.hmrc.gov.uk/manuals/cgmanual/CG78308.htm http://www.hmrc.gov.uk/manuals/cgmanual/CG12602.htm

Both coins are legal tender in the UK, so I think they would struggle to tax the appreciation of the material it's made of. http://www.hmrc.gov....ual/CG12602.htm

I assume you're UK based, in which case there's no better argument for owning [either|both] Britannia [gold|silver] or Sovereign coins, as both are CGT exempt. Given the price we expect gold to rise to, small denominations of G&S would be better than [250g-->1KG] bars for obvious reasons. I'd also suggest it's much harder to forge a coin than it is a bar, however if you stay with the main dealers like Guernsey Mint, Coininvestdirect.com etc... you won't go too far wrong. I would strongly suggest avoiding E-Bay for either, unless you're buying junk silver. In terms of silver I personally like 5KG bars, they're a nice size, 1KG bars are also fine but 1KG silver coins are lovely... Remember you pay VAT on silver if you take physical delivery, but personally I don't think this matters as you include this cost when you sell it on. I strongly recommend Guernsey Mint for silver...

Which members are you talking about?

You're in, but don't forget to bring a sacrificial goat!

Then it's crucial we know what your interpretation of a cult is. Am I still allowed to sacrifice virgins over piles of Britannias and brainwash new members with chanting?

Being fair is something I pride myself on... I agree nothing is guaranteed, however I've spent an enormous amount of time researching the financial crisis and I believe I know how this will unfold. Should the situation change, then so will my opinion of what constitutes being prepared. Hedging all possible scenarios using tools from a broken financial system is not my idea of being prepared, it seems like denial. Likewise, relying on ETF's/options/puts/derivatives is also putting all of your eggs in one paper basket as far as I can see. I believe the system will blow up and people who have taken refuge in physical gold investments will be protected and possibly rewarded. I don't have the time to be a trader, my job, Mrs warpig and little warpig are very demanding of my time, which is why buying and holding physical gold is the perfect investment choice for me. I suspect you'll find it's the same for the majority of readers of this thread.

Then we agree, so can you please stop trying to convert "buy and hold bulls" in to day traders and respect their views. Suggesting we're a member of a cult shows zero respect.

DrBubb you're losing members and traffic on this website because you continue to goad the gold bulls that took refuge here from HPC, why are you doing this? This is like self harming... The "buy and hold" ethos is you stand a 0% chance of getting trapped in a paper trade when the system blows up, your methodology doesn't offer that guarantee, you're part of the system we opted out of. Are "buy and hold" gold bulls and their ideas welcome here or not?

http://www.youtube.com/watch?v=Qrm3d6Q5f88 http://www.youtube.com/watch?v=XVov9aaXon4

You would have got more cruises for your gold if you'd waited...

Why did you sell your gold now?

I only buy from large dealers/mints, at least you know what you're getting. We could probably do with a [high quality scan + measurements/weights of mainstream coin thread] on GEI as a reference. I think I'll start one. The higher the price, the greater the incentive to fake anything and everything...!

http://www.youtube.com/watch?v=LgjGJtcgfuA

Thanks for that! They don't make tunes like that anymore!

Cool, I haven't heard 180bpm for a while... Do you know what that 70's cop show anthem sample is?

You're just making yourself look silly now.

I've heard it all now.

I have it on good authority it will happen here.

http://www.youtube.com/watch?v=l1llNYAlYrc

How the strange disappearance of element "107" could make you a fortune

David Wilcocks claims there is an additional 1,880,000+ MT of gold held out of the markets by the BIS & the FED to protect the fiat (non-gold backed) system and the Chinese want it back. He goes further and says he was told there is a hall, a mile long with rooms either side of the hall, the size of basket ball gymnasiums, stacked floor to ceiling with gold bricks. This is classic unified conspiracy nonsense, where every [suspicious|unprovable] activity for the last 66 years is connected to the story, to include JFK's assassination, September 11th and the collapse of building 7. To top it all off, David Wilcock's source in all of this is the insane Benjamin Fulford. You couldn't make this up... actually they did. http://www.youtube.com/watch?v=-FQKn8fcpAM

Good post! My sentiments exactly!

Quite right and well said. Why anyone would perpetuate anything that Wilcox says is frightening, the man's a conspiracy loon.