ziknik

Silver demand will grow with the demand for other metals. The price of silver was around 30% higher (in USD) before the crunch.

Here’s couple of good posts from Icarus that are worth re-reading. It’s a shame he doesn’t post more often. Icarus is like the MSE cgnao from 2004 (I mean that as a compliment if you’re reading)

It’s the third one. Terbium and hafnium are first and second Also see thread on the subject http://www.greenenergyinvestors.com/index....ic=6744&hl=

I would keep some Sterling for emergencies. And average the rest in to gold (30%) and silver (70%) EDIT: But I might be buying with a big mortgage and waiting for the silver price to rocket

I have three ‘pots’ of gold. 1) BullionVault gold will be used to pay off debt so this is scored in GBP 2) GoldMoney gold will be used to buy a house so this is scored in ‘% of average house price’ 3) I score in-hand gold as ‘grams of gold’. I have several possible exit strategies for this gold and I am not sure which one I will take.

There’s an offer at CID again. Don’t think it will be at spot price this time

Depends on your timeframe http://www.greenenergyinvestors.com/index....st&p=110434 http://www.greenenergyinvestors.com/index....st&p=110448

I’m going to swap silver for gold at Goldmoney. 10% at 50:1 12% at 45:1 14% at 40:1 And so on. The percentage will have to grow a bit each time or I will be left with 30% of my original silver holding at 1:1 I might skip 50:1. lots of people swapping at this ratio will create resistance.

Yes, that’s right as far as I know. But it only applies if you sell (or trade) the gold/silver. In-hand physical has an advantage in this respect because it is impossible for the authorities to prove when the items were sold or traded. Someone on here (I Think Pixel8r) was told by their accountant that currency depreciation against USD can be offset against capital gains tax for assets priced in USD. I’m not sure if this is true. In any case, USD is going to depreciate too so it probably won’t help much http://www.greenenergyinvestors.com/index....amp;#entry87402 EDITED

http://uk.reuters.com/article/rbssFinancia...dRealEstateNews

LONDON (Reuters) - Investors in silver have reaped glittering rewards in recent months as prices have soared, but with most gains driven by speculation rather than industrial off-take, the market could be at risk of a sharp correction. /// more http://uk.reuters.com/article/stocksAndSha...l=0&sp=true

You phone HMRC and tell them you have made a capital Gain. They will send you a Self Assessment form. The system works on trust (or fear) with tough penalties for those who are caught abusing the system (unless that person is an MP).

Ikea do a range of covers for silver thrones too http://www.ikea.com/gb/en/catalog/categori...ing_room/10664/

I’d be happy if I could get 10 of them mini krugs for £10. They’d make me feel like I had a decent gold collection. Rising Sterling has some benefits I don’t think any armed organised criminals will waste time robbing gold from me. My TV + computer are worth more than my entire gold collection. ……. maybe I need to buy a fake TV

That’s a pretty good idea http://shop.ebay.co.uk/?_from=R40&_trk...mini+krugerrand

EDIT: A coin collector has been robbed at gun point for his coins http://www.bbc.co.uk/crimewatch/appeals/20...oin_theft.shtml There's a video reconstruction at the above link. I'm going to keep a bag of bricks in my bedroom

£2bn on Tuesday £3.5bn on Wednesday http://www.dmo.gov.uk/reportView.aspx?rptC...uction_Calendar

1:16 here we come

It might happen one day

In respose to a PM I got It’s not worth it to be honest with you. 1000 2pence coins have a face value of £20 and an intrinsic value of £20.61 (today’s prices). This is a loss making position if I include the cost of the melt. I tend to take the coppers out of my pocket and keep them in a jar anyway…. so all I am doing is putting some coins in a separate jar. The strategy will only work for me if we get hyperinflation. The copper 1pence and 2pence should retain 100% of their purchasing power. In fact, the coins should gain in purchasing power in this scenario. Ignoring hyperinflation, I don’t foresee a scenario when I can sell the coins for profit so I have no exit strategy. I’ll probably end up leaving the whole lot to my grandchildren. These coins could be worth a fortune to them in 100 years time. When I was a child, my neighbour showed me a box of 3pences he’d been collecting ever since coming to the UK between the world wars. After he died, his children pilfered his belongings and put his house on the market. My parent’s bought the house as a buy2let. I went into the house and found the box of coins was still there in the cellar. BUT, I knew the coins were not accepted as money so I left them. Tenants came and went; nobody touched the box of coins. Later, my parent’s sold the house. The box of coins was still in there. Assuming this box was 50% pre 1947 and 50% pre 1920. The box of coins is worth around £30 grand right now. I’m soooo kicking myself for not taking the coins. The coins could still be in the house right now.

Found some gold supply/demand information. I’ve not seen this posted before http://www.blackrock.co.uk/content/groups/...mea02012243.pdf

Sorry, it is some of the 1998 2pence coins according to Wikkipedia. I’m not with my collection right now so I can’t check for certain. Copper is not magnetic. Whereas the copper coated steel coins are magnetic. It’s very quick and easy to sort through a bag of coins using a magnet. http://en.wikipedia.org/wiki/Two_pence_(Br...h_decimal_coin)

I spent last night having nightmares about the 1/10th Pandas I had missed. I was determined to BUY the special offer [regardless] by the time I got out of bed.

Me too! I have around £2 so far 1997 2p is also copper.

Thanks for the info. They are pretty expensive. I’m not going to be swapping my collection any time soon.