1/4 vs 1/10 oz gold coins. & price of gold

Discussion in 'Gold Coins' started by crazy hippo, Mar 27, 2014.

  1. crazy hippo

    crazy hippo New Member

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    What do you think guys,

    Mainly a silver stacker... But I want to diversify...
    I can't afford a full oz, and 1/4's would be a stretch but doable. 10th would be easier.

    Is gold low or will it go lower?
     
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Who knows? But a few people who look at the relative cost of gold to silver think that silver is a better buy at the moment, they are both cheaper than they have been, but silver has become more cheaper than gold, excuse the grammar.
     
  3. crazy hippo

    crazy hippo New Member

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    its forum dude. I'm a primary school teacher. informal language is fine, unless your putting forward a complex argument in which grammar errors would result in misunderstanding.

    yes silver costs less than gold, but gold in my eyes will always be more valuable than silver. but being asian, pakistani, not oriental, gold plays a huge part in my culture, and accumulating some at low prices is necessary.
     
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Didn't clock you were from Notts, in that case no VAT on the gold is a bonus.

    Some dealers will let you buy metals in small amounts until you have enough to convert it into a larger size. Unallocated accounts let you slowly accumulate gold even if you only have a couple of pounds to spend in each transaction. Eventually you will have enough to buy the larger sizes which will recoup some of the unallocated premiums.
     
  5. crazy hippo

    crazy hippo New Member

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    never herd of this! point me in the right direction.

    you know my city? only locals call it notts.
     
  6. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Sister moved up to Long Eaton, before she moved to Australia.

    Not sure of companies in the UK, a local stacker might be able to help but the rough idea can be found here...

    http://www.goldstackers.com.au/store/unallocated.html

    They hold your metals for free until you redeem them. You also save money on postage, instead of paying for lots of little parcels you just pay postage on one larger parcel.
     
  7. goldpelican

    goldpelican Administrator Staff Member

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    Goldline.co.uk have something similar. They are reputable.
     

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