ziknik Posted January 2, 2009 Report Share Posted January 2, 2009 Found it Reply from Sonia Hellwig, >>>> Unfortunately we cannot switch back to the 7% in the UK now that we adopted the 17,5% rate. We are VAT registered in the UK and therefore apply the normal UK rate. <<<< Previously they were a mail order company based in Germany but now they are registered in UK Link to comment Share on other sites More sharing options...
azazel Posted January 2, 2009 Report Share Posted January 2, 2009 Apparently silvers hard to get right now and that is whythis guys after £20,000 a kilo. http://cgi.ebay.co.uk/1kg-Silver-paper-wei...%3A1|240%3A1318 It does iritate me when people say that silver is a paper weight. Why? No, lead is a paperweight or stone. Silver is precious metal! Link to comment Share on other sites More sharing options...
Pixel8r Posted January 2, 2009 Report Share Posted January 2, 2009 Apparently silvers hard to get right now and that is whythis guys after £20,000 a kilo. http://cgi.ebay.co.uk/1kg-Silver-paper-wei...%3A1|240%3A1318 Think he must be someone who is on here, judging by the comments in the advert. Link to comment Share on other sites More sharing options...
azazel Posted January 2, 2009 Report Share Posted January 2, 2009 Think he must be someone who is on here, judging by the comments in the advert. yer, lol, own up who is it? Who wouldn't sell their silver for less than £20,000? Still cgnao says a big mac will be £10,000 and who will swap a kilo of silver for two big macs?!! Link to comment Share on other sites More sharing options...
Pixel8r Posted January 2, 2009 Report Share Posted January 2, 2009 yer, lol, own up who is it? Who wouldn't sell their silver for less than £20,000? Still cgnao says a big mac will be £10,000 and who will swap a kilo of silver for two big macs?!! Yeah it would be cheap then, but not quite yet. Link to comment Share on other sites More sharing options...
FWIW Posted January 5, 2009 Report Share Posted January 5, 2009 Looks like the PPT are back from their hols...and have silver in their sights. Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 5, 2009 Report Share Posted January 5, 2009 Looks like the PPT are back from their hols...and have silver in their sights. Very nice. Wanted to buy more anyway. Link to comment Share on other sites More sharing options...
aardvark Posted January 5, 2009 Report Share Posted January 5, 2009 it is looking a bit cheaper - i'll be buying more soon Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 5, 2009 Report Share Posted January 5, 2009 Nice 'V'. http://www.kitco.com/charts/livesilver.html Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 6, 2009 Report Share Posted January 6, 2009 Coiling continues. http://gold.approximity.com/gold-silver_watch.html Link to comment Share on other sites More sharing options...
Pixel8r Posted January 7, 2009 Report Share Posted January 7, 2009 Here's an article where Ted Butler is comparing the manipulation in the silver market with the Madoff fraud. http://www.investmentrarities.com/01-06-09.html Link to comment Share on other sites More sharing options...
warpig Posted January 8, 2009 Report Share Posted January 8, 2009 Assuming this is the current thread... and people are interested in 1KG weights, I can highly recommend the 1KG coins offered by CID, they're lovely. I bought 3, 1 Koala, 1 Kookaburra and 1 Lunar, I can't see me every selling them they're that nice. Link to comment Share on other sites More sharing options...
warpig Posted January 8, 2009 Report Share Posted January 8, 2009 I've held some silver for near on 8-9 years, but I would have to say, even to this day I haven't really studied silver. As has recently been demonstrated in gold, are there seasonal movements, is now to late Jan typically a good time to buy? I'm also curious when do people expect silver to hit last year's highs? Link to comment Share on other sites More sharing options...
Pixel8r Posted January 8, 2009 Report Share Posted January 8, 2009 I've held some silver for near on 8-9 years, but I would have to say, even to this day I haven't really studied silver. As has recently been demonstrated in gold, are there seasonal movements, is now to late Jan typically a good time to buy? I'm also curious when do people expect silver to hit last year's highs? Listen to the recent CWR, James Turk thinks it will hit $30 this year at some point when Gold hits $1500. http://commoditywatch.podbean.com/2009/01/...cross-the-pond/ Link to comment Share on other sites More sharing options...
ricky Posted January 9, 2009 Report Share Posted January 9, 2009 Thinking of getting some coins from First Majestic as they work out quite a bit cheaper than most places (if i've got my maths right!). Anyone have any thoughts as why not to buy from here? Will they be a lot harder to sell on as people may not of heard of the company? http://www.firstmajestic.com/s/OrderForm.asp Link to comment Share on other sites More sharing options...
warpig Posted January 9, 2009 Report Share Posted January 9, 2009 Thanks, listening now... Listen to the recent CWR, James Turk thinks it will hit $30 this year at some point when Gold hits $1500. http://commoditywatch.podbean.com/2009/01/...cross-the-pond/ Link to comment Share on other sites More sharing options...
wren Posted January 9, 2009 Report Share Posted January 9, 2009 Assuming this is the current thread... and people are interested in 1KG weights, I can highly recommend the 1KG coins offered by CID, they're lovely. I bought 3, 1 Koala, 1 Kookaburra and 1 Lunar, I can't see me every selling them they're that nice. Was it you who posted a pic of a one kilo coin? It was a good pic on the palm of the hand giving a sense of the size. What are the dimensions of these coins? Listen to the recent CWR, James Turk thinks it will hit $30 this year at some point when Gold hits $1500. http://commoditywatch.podbean.com/2009/01/...cross-the-pond/ Yes, could be, but if gold goes to 1500 and if the gold/silver ratio goes down to 50. Longer term these IMO are likely but I don't bet on it this year. I feel very positive about silver at least long term. I am going longer silver than previously so long as this high ratio holds up. Link to comment Share on other sites More sharing options...
aardvark Posted January 9, 2009 Report Share Posted January 9, 2009 Thinking of getting some coins from First Majestic as they work out quite a bit cheaper than most places (if i've got my maths right!). Anyone have any thoughts as why not to buy from here? customs charges. Link to comment Share on other sites More sharing options...
warpig Posted January 9, 2009 Report Share Posted January 9, 2009 No, but I'll take a few pics for you, leave it with me. Was it you who posted a pic of a one kilo coin? It was a good pic on the palm of the hand giving a sense of the size. What are the dimensions of these coins? Yes, could be, but if gold goes to 1500 and if the gold/silver ratio goes down to 50. Longer term these IMO are likely but I don't bet on it this year. I feel very positive about silver at least long term. I am going longer silver than previously so long as this high ratio holds up. Link to comment Share on other sites More sharing options...
Pixel8r Posted January 9, 2009 Report Share Posted January 9, 2009 Was it you who posted a pic of a one kilo coin? It was a good pic on the palm of the hand giving a sense of the size. What are the dimensions of these coins? Yes, could be, but if gold goes to 1500 and if the gold/silver ratio goes down to 50. Longer term these IMO are likely but I don't bet on it this year. I feel very positive about silver at least long term. I am going longer silver than previously so long as this high ratio holds up. I am curious to why you think that won't happen. We are in a time of great volatility, the GS ratio ranged between around 45 to 83 last year. All i think it would take is a short term squeeze on the very limited silver supply. Link to comment Share on other sites More sharing options...
Pixel8r Posted January 9, 2009 Report Share Posted January 9, 2009 customs charges. Good point I think you would get charged 15% on top. Link to comment Share on other sites More sharing options...
ricky Posted January 9, 2009 Report Share Posted January 9, 2009 Good point I think you would get charged 15% on top. is that 15% just the VAT that has to be paid? If so, its still cheaper than say CID: First Majestic currently quoting $13/oz for silver At exchange rate of £1 = $1.52 that gives 1oz = £8.55 adding 15% gives £9.83/oz Am i correct in this? CID's cheapest 1oz coin at time of writing is the Mexican Libertad at £13.21. So the Libertad is a massive 34% more expensive!!!!!! Can someone please tell me if there's anything wrong in what i've said, because if not, i think i'll be buying some from First Majestic? And again, does anyone think there would be much of a problem selling First Majestic coins? thanks in advance Link to comment Share on other sites More sharing options...
warpig Posted January 9, 2009 Report Share Posted January 9, 2009 Quite probably. You would be better off with one of their branded 1KG bars. And again, does anyone think there would be much of a problem selling First Majestic coins? Link to comment Share on other sites More sharing options...
ziknik Posted January 9, 2009 Report Share Posted January 9, 2009 ... Can someone please tell me if there's anything wrong in what i've said, because if not, i think i'll be buying some from First Majestic? And again, does anyone think there would be much of a problem selling First Majestic coins? thanks in advance From memory, FM charge $100 for postage of 100 coins to the UK. You need to factor this in to your calcs. The coins will be around £10.50 each (including VAT and postage). I don’t think you will have too much trouble shifting them. I’ve seen them selling on ebay for £10/11 + postage. I notice they have the 1 ounce coins back in stock. I might buy some myself. EDIT: It was the proof coins I saw on ebay. Link to comment Share on other sites More sharing options...
aardvark Posted January 9, 2009 Report Share Posted January 9, 2009 is that 15% just the VAT that has to be paid? If so, its still cheaper than say CID: First Majestic currently quoting $13/oz for silver At exchange rate of £1 = $1.52 that gives 1oz = £8.55 adding 15% gives £9.83/oz Am i correct in this? CID's cheapest 1oz coin at time of writing is the Mexican Libertad at £13.21. So the Libertad is a massive 34% more expensive!!!!!! Can someone please tell me if there's anything wrong in what i've said, because if not, i think i'll be buying some from First Majestic? And again, does anyone think there would be much of a problem selling First Majestic coins? thanks in advance well, they will charge you vat first (15%). Then they will charge you for importing silver from the US. Then they will charge you the handling fee (usually £8). the best way is to find someone off ebay who will describe the silver as something else and put a lower value on it. Link to comment Share on other sites More sharing options...
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