aardvark

true - but they would be mad to do so.

the thing is, cyprus only has 13.9 tonnes of gold - not a great deal considering the massive falls. Some good stuff on kingworldnews - apparently 155 tonnes of paper gold was sold in one hour in london, and central banks bought up 55 tonnes of physical - as far as i understand. something massive is happening, something i don't understand.

god knows! something big must be happening behind the scenes but its incredible that gold/silver can fall so low and nobody knows why!

wow, just wow.

scary to see my investment drop so fast and so much but staying the course as above. Its a rigged market based on paper - i don't hold paper.

i agree, they physical supply just isn't there. The maguire comments are very interesting.

such a huge drop in gold for no particular reason is highly suspicious. i wonder what is going on in the background.

i sold some silver on ebay recently - lucky really. but not that lucky since i still have loads!

just wait until the fiscal cliff, then we'll see what happens.

lol - nonsense as chris says.

also earlier than me - i starting thinking about it when gold was at $500, only started buying when it got to $600-$650.

lol - what a load of bull.

and sovs are 'worth' one pound, so not a good idea. of course all the gov has to do to get tax off them is to declare them no longer legal tender but they haven't shown any sign of doing that in the last 100 years so its relatively unlikely imo

coins which are legal tender (sovereigns and britannias) are exempt from CGT - everything else isn't.

gold leaf is so thin it can be transparent (gold is actually green when you look through it - interesting fact there). covering a building in gold leaf requires very little. (just look at the number of books etc with gold leaf on them - it all adds up to only a small amount).