Jump to content
House Price Crash Forum
Sign in to follow this  
i wanna house

May I Ask

Recommended Posts

And how does one go about buying it ?

Only history will tell us. It's that simple. A lot of people are putting their money where their mouths are though.

You can buy from sites like coininvestdirect.com which I have used with zero problems.

Have a read of both sides of the argument and make a choice.

Share this post


Link to post
Share on other sites

my gun is more powerfull than your gold.

i havent got any gold .. but i have some money in the bank .. all this talk of eurozone and defaults and inflation etc etc .. i just thought ..

Obviously i dont understand the bigger picture was just trying to canvas opinion

Share this post


Link to post
Share on other sites

Only history will tell us. It's that simple. A lot of people are putting their money where their mouths are though.

You can buy from sites like coininvestdirect.com which I have used with zero problems.

Have a read of both sides of the argument and make a choice.

thanks.. i thought it was obligatory to reply in riddles though.

Share this post


Link to post
Share on other sites

cool and im just trying to make a point to the gold bugs, there is a stronger currency in the world

bang.

problem with that is there is always someone with bigger gun are better trained in using it.

Share this post


Link to post
Share on other sites

Probably not such a good idea asking all these nutters. Gold has been a good store of value in the long-term but has an unfortunate problem that in times of crisis the government has a habit of taking it off you or taxing you astronomically for converting it back to a purchasing currency. See?

Fungability - that's the key to an asset class.

Share this post


Link to post
Share on other sites

Probably not such a good idea asking all these nutters. Gold has been a good store of value in the long-term but has an unfortunate problem that in times of crisis the government has a habit of taking it off you or taxing you astronomically for converting it back to a purchasing currency. See?

Fungability - that's the key to an asset class.

????

i used to live in brazil.. they were still gerting over the time when the government decided that any savings over $3000 (or some such) now belonged to the government. But surely not in the developed world ?????

Share this post


Link to post
Share on other sites

Probably not such a good idea asking all these nutters. Gold has been a good store of value in the long-term but has an unfortunate problem that in times of crisis the government has a habit of taking it off you or taxing you astronomically for converting it back to a purchasing currency. See?

Fungability - that's the key to an asset class.

And which asset classes don't get taxed or taken off you when the government wants?

Share this post


Link to post
Share on other sites

????

i used to live in brazil.. they were still gerting over the time when the government decided that any savings over $3000 (or some such) now belonged to the government. But surely not in the developed world ?????

I think you need to open some European history books (Wikipedia might help). We are currently within the worst crisis in 300 years so that's your scope. eg. http://en.wikipedia.org/wiki/Executive_Order_6102

And which asset classes don't get taxed or taken off you when the government wants?

Ones they cannot store or convert easily.

Edited by TwoWolves

Share this post


Link to post
Share on other sites

I am clearly out of my depth ....but i dont understand.. surely to sell i would have to buy first ...

All depends if you are JP Morgan or not, you can go naked and sell first without ever having bought. Good shit, no? :)

I'd stay away from Gold if I was you, it's a barbaric relic, you cannot eat it and when push comes to shove the Govt. will simply confiscate it from you.

Now pass me the reefer...

Share this post


Link to post
Share on other sites

What a daft and unhelpful collection of replies. Obviously a lot of people on here, have absolutely no idea about what they are talking about and are just repeating rumour and/or non-information.

Gold represents one of the best investments, and it has done a fantastic job of protecting my savings over the past 4 years. I'm not in it for the long term, just trying to avoid having the value of my wealth destroyed by UK Government.

There are many ways to buy, you could purchase unallocated - and entitlement to gold, with no storage charges - or you could buy physical - although, you will need to pay for storage. Alternatively, you could buy physical and bury it in your garden and pay nothing.

In terms of bullion or coins - lots of people and buying coins; if you wanted to do this, I would suggest Britannia 1oz coins as you won't have to pay capital gains tax. They are relatively small, and can be easily hidden, and you can easily build up a store over time. To actually make a purchase, I would suggest Baird & co - goldline.co.uk - or ATS Bullion - two very established and trustworthy London dealers.

Hope this helps,

HP

Share this post


Link to post
Share on other sites
Obviously a lot of people on here, have absolutely no idea about what they are talking about and are just repeating rumour and/or non-information.

Gold represents one of the best investments, and it has done a fantastic job of protecting my savings over the past 4 years. I'm not in it for the long term, just trying to avoid having the value of my wealth destroyed by UK Government.

There are many ways to buy, you could purchase unallocated - and entitlement to gold, with no storage charges - or you could buy physical - although, you will need to pay for storage. Alternatively, you could buy physical and bury it in your garden and pay nothing.

In terms of bullion or coins - lots of people and buying coins; if you wanted to do this, I would suggest Britannia 1oz coins as you won't have to pay capital gains tax. They are relatively small, and can be easily hidden, and you can easily build up a store over time. To actually make a purchase, I would suggest Baird & co - goldline.co.uk - or ATS Bullion - two very established and trustworthy London dealers.

Hope this helps,

HP

Never argue with a messianic goldbug :rolleyes:.

Share this post


Link to post
Share on other sites

Never argue with a messianic goldbug :rolleyes:.

Well I will.

Goldline and ats may be reputable but their prices are shit and there are many better places.

I also wouldnt buy brits and would stick with sovs for a number of reasons the most relevant being that they are better value.

I didnt find the reply daft but it wasnt particularly helpful either since it still didnt answer the op's question.

Op, you need to do a bit more research than asking here - but fwiw the summer doldrums appear to have ended early this year, I still think that there will be a better buying opportunity before the autumn run though. All eyes are on europe though and a few on the US debt ceiling so no one knows. You pays your money and you takes your chances :)

Share this post


Link to post
Share on other sites

What a daft and unhelpful collection of replies. Obviously a lot of people on here, have absolutely no idea about what they are talking about and are just repeating rumour and/or non-information.

Gold represents one of the best investments, and it has done a fantastic job of protecting my savings over the past 4 years. I'm not in it for the long term, just trying to avoid having the value of my wealth destroyed by UK Government.

There are many ways to buy, you could purchase unallocated - and entitlement to gold, with no storage charges - or you could buy physical - although, you will need to pay for storage. Alternatively, you could buy physical and bury it in your garden and pay nothing.

In terms of bullion or coins - lots of people and buying coins; if you wanted to do this, I would suggest Britannia 1oz coins as you won't have to pay capital gains tax. They are relatively small, and can be easily hidden, and you can easily build up a store over time. To actually make a purchase, I would suggest Baird & co - goldline.co.uk - or ATS Bullion - two very established and trustworthy London dealers.

Hope this helps,

HP

It's another screaming obvious bubble. Anyone who buys now is nuts. In fact, hasn't the BBC run a headline about gold today? History shows that as one of the most reliable contrary indicators.

Share this post


Link to post
Share on other sites

It's another screaming obvious bubble. Anyone who buys now is nuts. In fact, hasn't the BBC run a headline about gold today? History shows that as one of the most reliable contrary indicators.

So now that the BBC talk about house prices falling we should really be buying houses because they are about to go to the moon?

Share this post


Link to post
Share on other sites

So now that the BBC talk about house prices falling we should really be buying houses because they are about to go to the moon?

Well, with interest rates at historic lows, need I answer that. It's a no brainer mate.

Share this post


Link to post
Share on other sites

So now that the BBC talk about house prices falling we should really be buying houses because they are about to go to the moon?

Yes, and as News International shares are in a dip, that also shows a good buying oportunity.

OP, read up and be patient, it's not rocket science.

Best of fortune.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.