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Grimbert

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About Grimbert

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  1. keep them. Or sell them to me. 2013 is reckoned to be a bit flat as far as gold is concerned, but it will probably end the year at least 5% higher than it is now - £1050 up to £1100, better than a savings account. Higher if the pound falls further, which frankly I think unlikely.
  2. Gold & silver is for AFTER a shtf scenario, Tampons, toilet paper, bottles of whisky, tobacco, your ability to mend a car, kilos of rice, brewers yeast etc is to be used for barter while gold is worth a loaf of bread.
  3. You will be paying UK 20% vat. German vat on silver is 7% I think. It doesn't work like the USA with VAT, you pay your own local rate wherever in Europe you buy the stuff. They closed the VAT-free silver window from the Channel Islands when they stopped us buying CD's from Amazon posted from Jersey I have had Silver posted to me from the USA, with a full declaration on the package and expecting to pay VAT/duty but no-one ever asked me. Likewise I have brought silver into the UK from the US (10 oz slabs) but they don't scan laptop bags full of metal when you get OFF the plane. Likewise it is cheaper for my brother who lives in USA to buy his gold in the UK where it is not taxed and whenever he comes over he collects it and carries them back as coins in his wallet, for that is what they are. If you are entering the UK from Germany you have nothing to declare, go through the Blue EU channel
  4. I've only used www.coininvestdirect.com, who are very good. Oh and my local coin shop who are also good value when you buy a half-sovereign, 1/10 krugerrand or similar.
  5. Hello Bart, you got me on the virtuous slope in the first place. In York and Manchester there are bullion shops you just walk in and pay cash for their gold. Spinks on the Shambles in York you pay 10% over spot. Unfortunately the shopkeeper won't be persuaded that second-hand silver should be VAT-free. So I won't pay her 20% + (10% x 1.2) = 32% markup.
  6. Well you didn't watch it til the end then. The point she makes is that 80% used to be middle class in the usa, with all the lifestyle stuff you'd expect, it's going to shrink In the UK I bet you think it's based on accent and place of birth. Well, I'm posh, I was born in Hampshire and I know which knife and fork to use. I'm poor I live in Yorkshire, I earn 27k and as a single parent with 3 children I get benefits (which I magically turn into gold every month, for I don't need them yet), so what class am I ? I'll tell you. Working class and Middle class ARE THE SAME THING. The alternatives are Rich / moneyed / bankers / corporate scum and Poor / workshy / gypsy / benefit scum. We are the 80% in the middle. And we pay for the rest.
  7. Hello I'm new to this thread and can't be bothered to read 7 pages to see if my points have been made. 1. I disagree with Bill Still because he thinks Government can be trusted to control the supply of fiat currency in circulation. I don't. 2. I think he may take votes from Ron Paul, who does hold the constitutional view of debasing currency, and stands a slim chance of getting elected.
  8. Perhaps the UK Govt was sowing seeds so we can be welcomed as workers in Poland in 20 years' time. I used to travel a lot to Poland on business around 2005-2008, and the company managers were suffering because in the godforsaken towns where their factories were, all the decent labour was in the UK, they were left with the chavs.
  9. Whose seas? Look at a map. The Scottish-English border is not east-west, it is pretty much 45 degrees, pointing to Stavanger in Noway. The sea border continues from the land one. Most of that North Sea oil landed in Aberdeen is English. The sooner you set up your North Atlantic 'arc of prosperity' the happier and richer I will be. And why when I'm there can't I watch all of Newsnight?
  10. It usually takes 3 days for money to go from one account to another via S.O., including the day it goes out. Your landlord cannot expect the money before the 1st. If the 1st is a Saturday he'll get his money on Monday 1st thing. It sounds like he wasn't expecting it on Saturday, but it wasn't there on Monday either. He didn't moan about it not being there on Friday. If you have to pay by a particular date you have to take the bank's thieving into account (they make interest on holding your cash for 2 more nights). So if you have to pay by the 1st, you must set up your standing order to go through 2 days before that. The pain of that is that February only has 28 days, so you need to set the SO up to come out on the 27th of each month. So the 1st is a rubbish day to have to pay on. As long as it is after payday it doesn't make much difference does it?
  11. I posted this elsewhere as a response to a specific request. It took me like a f*g hour to write properly so I thought I'd share it with the rest of the internets. I have at last persuaded the OH to put her unwanted cash into gold. Here in the UK gold bullion is VAT-free and sovereigns, being legal tender (worth 250 x face value...) are CGT-free as well. Buying most things here other than food, books and children's clothes means paying VAT @ 20%, and that includes silver. If I buy silver from America, outside the EU, I have to pay 20% VAT. Import duties kick in if you buy many hundreds of pounds worth at a time, but VAT applies, in theory, to any import. Last year we were in the USA, I have inlaws in Concord, CA, and did a big tour from San Francisco to LA - Grand Canyon - Las Vegas - Sequoia - Yosemite - Lake Tahoe (they own a cabin/cottage there) - back to SF. We saw a gold mine, bought gold pans, panned for gold and I bought around 50 oz silver at various places at <$20 an ounce. Santa Barbara was one of our stops. It was perhaps my favourite town we went to because it had a proper high street with real shops, and one of them sold sterling silver jewellery dirt cheap like $5 per ring. This year I found the shop again on Google streetview and worked out from the shop-front where they get their stock from... I think anyway. it's www.silversource.com so I bought a pile of jewellery off them at less than 2x spot which I thought was fair what with the manufacturing costs for such small stuff. I didn't pay any tax when I picked up the package from the sorting office. To buy silver coins I used to use www.sarniasilver.com and www.cisilver.com who have suspiciously similar addresses in Guernsey. The Channel Islands are NOT in the UK, and also not in the EU, so don't have VAT. The Queen of England (and Canada) is incidentally also the Duke of Normandy for some 945-year old reason, so the Channel Islands are the last bits of France that England is in charge of. The tax rules the UK has with the Channel Islands are that if you buy something for £18 or less from the Channel Islands you pay no VAT. That is good, so Amazon.co.uk operates from there. Books are VAT-free anyway but CD's and DVD's aren't and they only cost £10 - £15 so all our stuff from Amazon gets sent from Jersey. This is viewed as 'unfair' by English retailers so the government has decided to reduce the £18 threshold to £15, which frankly will only affect a few dvd box sets or brand new video games. This meant that whilst silver was still cheap enough to buy for <£18 including p&p and Sarnia's premium it was worth buying, but no longer. I still buy occasional half ounces from them, but the premiums now seem to suck - £16 or £17 for a half ounce = like $50 an ounce. ... Anyway, back to the original point, are there shortages here? We don't have as many bullion dealers here as you lot in North America do. In my town we have a branch of Spink's, they charge 10% over and offer 10% under spot for bullion. Buying from them seems OK but I think I can sell to www.coininvestdirect.com for a better price, but I have never wanted to sell. Spink's have a huge amount of numismatic stuff, but there is a tray of bullion, maybe 24 coins, mostly Sovs, half sovs and krugerrands, but occasionally there are 1/10 krugs, quarter sovs (tiny weeny things), and last time I looked there was a 1/3 guinea and some American looking coin. We were there last weekend; despite the fact that the bullion tray was full of coins, we were told that all of them had been sold. This was disappointing, seeing as I had just persuaded OH to buy gold, but because I must have been a regular-enough customer OH was offered a proof sovereign at bullion price (the 1980's ones are stunning) I bought a 1/10 krug from the tray that was allegedly sold. I'll go back tomorrow and see what they have, seeing as the prices are pretty much the same this weekend. I want that 1/3 guinea if it's still there.
  12. I can't answer the question about the weight of a sovereign, but many currencies' names derive from a weight of some kind, like: pound / lira from a troy pound (12 ozt) of sterling silver, a pennyweight is 1/240 of a troy pound a mark is half a pound / 8 oz peso just means weight etc All the old European currency units represented a certain amount of gold /silver up til the end of the gold standard, which is why the coins were all of similar sizes (except maybe the lira) even when made of cu-ni and their values had inflated away at different rates. 1 franc = 1 lira = 1 mark = 1 guilder = 1 shilling I have always wondered where the Euro got its value for one unit from. Why DM 1.95583 = €1? Why not 1 or 2? Where did the number come from?
  13. Fair enough so how does one register one's disdain for the choices available? Not voting means not caring about the result. Should we all vote with big black V's all over the paper? Would anyone find out about it?
  14. They used AV when I was university to rename the Mandela Bar. He'd just become President of South Africa got released from prison, so he was no longer the socialist demigod he had been until 5 minutes previously. Anyway there were about 30 suggestions, all approved by the Students' Union, including some worthy people who had been to the university, lived in the town etc. As well as some really silly ones. With AV you nominate your, first, 2nd, 3rd,....29th, 30th choices. The bar's new official name was the Fluffy Grey Squirrel bar. It was never called this, and was called the Main Bar, as it had been before it was called the Mandela Bar. I tried to insist it use the name that democracy had foisted upon it but no-one was really bothered enough. Most people were happy it was no longer named after a terrorist / head of state of a foreign country. Back to the point. If there are 30 people standing for a seat and there are no real front runners, AV will be a failure - we'll get the fluffy grey squirrel. However, if I can vote 1 for UKIP and 2 for Conservative and not give any more numbers to anyone then I think I have the best system I'm going to get.
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