ziknik

So you are saying that blobs of gold can be bought at close to spot in India. Whereas Jewellery costs more than spot because of workmanship. If so, I’d agree with you.

What makes you think eastern jewellery is sold close to spot? EDIT: From you above link, Gold cost 12,000 Rupees per gram = £24.365 per gram. That’s about 70% more than BV Edit again. ****** the numbers up. But the question still stands

In that case, let me add; Hi Sara!!!

Does Sara read this forum? (Genuine question)

Does that suggest the price will explode upwards?

You can change your nickname at any time in the BV settings.

Yes, please keep posting you PnF chart stuff.

It's 3,000 ounces.

Ker, I’m really enjoying your charts (even though I don’t like what’s being shown at the moment ). Keep up the good work, it’s very much appreciated EDIT: I’ve changed my mind. I like what I am seeing. I have some dry powder in BV and a fall like the one on your chart will do me nicley

Yes, that’s what I think. Incidentally, has anyone noticed that the fee for buying silver in Zurich via GoldMoney has increased? I remember the London fee’s increased a few weeks ago and now Zurich seems to have increased to match the London price.

Only half the reserves were sold. The Treasury holds nearly 10 million Oz according to the official data

Most of my silver is in GM. For my in-hand, I’m buying coins because I think they will be easier to offload on ebay at £250 each. Also, if TSHTF, small coins will be easier to trade with.

Is it a coin? £10/oz is very good for a coin. You can buy at under £6.00/oz using GoldMoney (including the fees) EDIT: I’m very interested in picking up some more silver coins if you know where I can get them at £10/oz. Do you mind adding a link?

£5.74/oz ($9.71/oz) I’m going to use my last dregs of dry powder in GM

Silver is now £5.81/oz. The cheapest I have ever seen it.

Forgive my dumbness, but how can you be more than 100% in PMs? Have you borrowed money to buy PMs?

$840 is not holding. Looks like another good buying opportunity.

Steve, I don’t understand the significance of the price dropping after the physical exchange closed. I took the opportunity to buy some silver from GM on Friday evening. Is James Turk suggesting that my order will not be honoured because the market was closed? My GM account says the silver is ordered, the rate is locked and the order will be completed tomorrow. Oddly, I bought at less than spot paper price. £5.94/oz (including the GM fees). Lowest spot was £5.96 on Friday according to http://goldprice.org/live-gold-price.html

Labour have form when it comes to banning gold. http://24carat.co.uk/collectingcoinsframe.html

Thanks. I hold my SHTF gold in my hands. I think you are right about BV. I am speculating with my account. I don’t expect to ever see the gold. I expect to swap it for some electronic digits in my bank account (possibly when forced by the Government)

Ta, The EUR price is a lot better around €20 spread from Spot. USD price is nearly $70 above spot.

There's a message on the BV ticker Limited stocks & US holiday Monday. Lots more stock arrives Tuesday. Have a good weekend!

I'm not sure what you mean.

Why isn’t the price falling on BV? I have been waiting to pick up a some cheap gold for over an hour. Current Spot: £496.09 BV Price: £528.60 + BVs fees (Zurich) Is this a normal spread?

Callmejoe – Chards are a very well respected and reputable dealer. You can buy with confidence. =========== ****. My Panda is 1mm too big (in diameter). It sounds like **** when I tap it. The weight is spot on. I’m really surprised I got ripped off. I got it at a coin market, there were loads of dealers there. I can’t believe the dealers sit back and let other dealers sell fake ****. At least I know what a fake coin sounds like now. On a slightly more positive note, I also got an Eagle from ebay. It sings like a musical instrument when I tap it. The weight and diameter are within fractions of a percent of the specification. (I got a jewellery scale and a digital calliper from ebay too). Thanks for your help id5.