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Thanks for the reply Wren.

 

Do CoinsInvestDirect still have the best price for Silver? I wish they accepted direct debit <_<

 

They will also accept a cheque from you if you ask politely enough.

 

I had to do this while my bank sent me one of their secureid type contraptions.

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This one is good for comparing performance:

 

http://stockcharts.com/charts/performance/...ILVER,$xbp

 

Click on XBP to get it relative to the pound.

 

For the other stockcharts:

 

http://stockcharts.com/h-sc/ui?s=$SIL...id=p41585291416

 

Click on "Linkable Version" under the chart.

 

It should be "$SILVER:$XBP".

 

But multiple the number by 100. So showing ~£6.5 at the moment (0.065)

 

Great - Thanks everyone.

 

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They do a bank transfer which you can do through internet banking. You can make your purchase and then pay. They give you at least a week. kilo bars look reasonable to me at £300 each. ( they about £320 now but below £300 recently)

 

You need to be selling on ebay or privately or you will have to loose the VAT + dealer margin before you get a profit. Gold Money is a good alternative, apparently..

 

I've purchased gold from them before via wire transfer and I will not be making anymore PM purchases via wire transfer.

 

I felt like a terrorist the way my bank was interrogating me with the amount of questions they wanted to know about the transfer, absolute disgrace considering it was MY MONEY.

 

Direct debit or cheque from now on for PM purchases.

 

They will also accept a cheque from you if you ask politely enough.

 

I had to do this while my bank sent me one of their secureid type contraptions.

 

Thanks mate, think I'll send them an email about that

 

 

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I've purchased gold from them before via wire transfer and I will not be making anymore PM purchases via wire transfer.

 

I felt like a terrorist the way my bank was interrogating me with the amount of questions they wanted to know about the transfer, absolute disgrace considering it was MY MONEY.

 

Direct debit or cheque from now on for PM purchases.

Wow!

 

As I understand it in the UK for any single purchase over 5 grand they need to record personal details, and 10 grand in one year with the same dealer, the same.

 

But this applies to gold only as far as I know. And CID sell gold, silver and even now a platinum coin.

 

So, if you don't mind my asking, did they ask about exactly what you were buying? e.g. gold or silver or what?

 

And people like to say that gold is a useless yellow metal....

 

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For info on delivery of Silver from GoldMoney:

A GoldMoney Administrator wrote on 2008-Dec-08 13:38:46

GMT:

 

Dear Customer,

 

Thank you for your message.

 

GoldMoney customers can physically receive possession of

their metal but we only deal in bar form only. Therefore, a

customer must own at least 12,500 goldgrams or 1,000 oz of

silver in their Holding to take possession of a bar, as

this is the weight of the bars that comprise the gold and

silver held for customers in GoldMoney.

 

There is a GBP135.00 upfront fee for GoldMoney to draft up

a quote as the quote takes into account the location,

shipping, insurance and handling costs involved to deliver

a bar to whichever part of the world you wish to receive

the physical bullion. The GBP135.00 will be deducted off

the final quote.

 

For your information, it may cost approximately GBP675.00

to deliver a silver bar. If 2 or more bars are sent, the

delivery price of the additional bars is reduced

dramatically. For example, the cost difference of

delivering several bars is likely no more than 50% of the

cost for delivering a single bar.

 

Also, you can not take delivery of the bars at your home

address. You must pick them up at a designated delivery

location, which is generally the offices of a secure

transport company. Depending on where you live, the

distance to the nearest delivery location may vary.

 

If you can confirm your interest in having silver bars

delivered to you at these rates, we will obtain an exact

sterling quote for the transfer and then deduct that amount

in metal from the remaining funds in your Holding before the

metal was shipped to you.

 

I look forward to hearing from you.

 

Kind regards,

 

xxxxxxxxx

GoldMoney Support Team

 

So it's maybe not as hard as I thought to get physical silver.

EDIT: PS nice performance of silver today!

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You're investing in Silver and you're concerned by the 1% swings? Man, you should have been there when it was at $20!!!
I'm buying a little every day and I sit around hoping for a 5 cent drop.

 

Must be my Scottish ancestry. :lol:

 

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Hope I'm wrong, GF but it looks like a technical bear flag to me.

I hope that TA is 'in the bin' for silver, since it has dropped so much, but I guess it could fall further from here. Still, I'd rather be in silver than turdling. At least you can't print it!

 

Seems like there is a disconnect between the £ PHSP and $ Silver PHAG Etf's ,in £'s silver looks ok?.

 

 

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