Crashman begins

To avoid any possible CGT in future Id like to swap / sell some of my non UK Gold

for some UK Brits / Sovs.

What would be the best way to do this without losing out ? Sell to bullion dealer at a loss ?

any historic charts for u.k houses in silver oz's ?

 

Now that USD, EUR and GBP are dead men walking, what would one have to fear with gold?

Lots of bad news appearing this weekend.. last minute order i think

Next time im going with my gut instinct

5K in gold / silver very soon.

http://www.reuters.com/article/idUSN076273...ype=marketsNews

US gold coin sales surge as investors flee risk

* Eagles sales 41,500 so far in May, surpasses normal pace

* Blanchard: Thursday was biggest gold sales day in 2010

By Frank Tang

NEW YORK, May 7 (Reuters) - U.S. gold coin sales surged

this week as the anxiety over a euro-zone debt crisis spilled

over into the United States and as Thursday's sudden Wall

Street collapse shook investors.

The U.S. Mint sold gold coins this week at twice its normal

pace, and a leading retailer said Thursday was a record day.

Physical gold products such as coins and bars are

traditionally a safe haven for anxious investors in times of

economic and geopolitical crises. On Friday, U.S. stocks turned

negative for the year on fears of another credit crisis.

Gold coin and bar dealers also said investors are turning

to gold coins to protect their nest eggs from financial market

turmoil.

"Yesterday was our biggest day of the year in terms of

investors buying gold," said David Beahm, vice president of

marketing at top U.S. retail gold coins dealer Blanchard & Co.

"There is no question that the meltdown in the paper assets

yesterday was a huge case for diversification."

Nice call BTW.

Yes, but I chickened out and didnt buy any more.

Even though I know whats happened & is happening I cant bring myself to put half my house deposit into PM's.

Im already in about 10% .. decisions, decisions

Mostly drinking and posting rocket pictures.

So does hun g parliment = pound collapse tommorow ? whats your strategy from here guys ?

How do you end up with a hung parliment by the way ? Is it like a draw ?

Help guys.. is now the time to rush in to get that last affordable ounce ?

you have less than 24hrs to get your hands on some silver before the moonshot wink.gif

Whoops wrong thread

Anyone expecting a dip before prices increase again. Im the steam roller type of gold bug

Does anyone have knowledge of proof / uncirculated british silver coins.

Ive seen a few but arent sure how to tell the silver from the copper/ nickel versions without a presentation box etc ?

VAT up from 15 to 17.5% ?

Probably

Weighton Coin have an offer on 20 x Britannias 2010 at the moment. £360 inc. VAT.

 

http://www.weightoncoin.co.uk/coins/index....roducts_id=1757

 

VB

Order error ??? , price now higher

Due to get some more gold, when prices near 800 / 1000 gbp im gonna back off i think..

whats your levelling off price guys?

Also off topic , but wheres a good place to buy palladium in uk ?

The expectation is the USD (>77) is in a counter trend rally and is expected to last a few weeks with a possible downside of between 10-15%, hold off until Jan 10th.

Thanks, will hold off until then.

ON CID the deadline is tommorow....

otherwise the next purchase will be around Jan 10th....

Whats the usual pattern.. end of year lows then upwards ?

Whats the feeling for the next upleg...

Ive got some fiat money to burn

Yes they are very similar, I am not sure as to why that would be.

 

Interesting...

How far back does this match ?

In my local paper too!!!

 

There is some mention that the government are behind these companies....

 

So we brits sell our gold, our government holds it and then the chinese buy it....maybe this is what is being discussed in the G20 - Brown must be proud of raping his own country and its people..Now he'll be selling the family silver to the Chinese and hope that they go easy on us him.

No need for gold confiscation then ?

Advert on the front page of my local paper

Gold Rush

WE WILL BUY YOUR GOLD FOR CASH

"High gold prices have seen a new industry spring up overnight, & the formally taboo subject of selling second hand jewellery has quickly become mainstream.

"People truly underestimate how much thier unwanted or broken jewellery is worth, the average sale is over £145.00.

Its very exciting when you tell someone the good news"

Not 100% sure.

LINK

Also

Thanks CG

Russian President Dmitry Medvedev pulls new world currency from his pocket

 

Russia's President, Dmitry Medvedev, pulled the world's new currency from his pocket at the meeting of G8 leaders in the Italian city of Aquila.

 

 

- Note: the coin is a gold one.

I wondered why no one on GEI was talking about this yet.

Has been discused over on HPC but I cant find the topic anymore

What will this do to gold ?

Is this currency a penny equivalent ? I cant get my head around a new world currency that will

actually be made of gold... wont people just sell it for intrinsic value etc

Krugs are arguably the most tradable coin in the world. A married couple only really have to worry about CGT is you have a few hundred and want to dump them on the market at once. This probably wont happen, more likely you will buy a few and sell a few as when you need cash flow.

 

You could have walked into ATS in 2007 and bought as many Krugs as you needed, someone is hoarding :-)

Thx,

Something Ive always wanted to know. How is CGT adminstered ?