why are you not buying? silver is so cheap

Discussion in 'Silver' started by alor, Oct 4, 2014.

  1. alor

    alor Well-Known Member Silver Stacker

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    from what I know, this box contains just the certificates, the metals are on the trolleys behind.
     
  2. Miksture

    Miksture Active Member Silver Stacker

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    I have been buying. Probably way too much.
     
  3. Shippeevt

    Shippeevt Member

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    Oh yea still buying! Two 5 oz horses and a treasure chest lol!
     
  4. The Crow

    The Crow Member Silver Stacker

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    Been buying odds & sods but my first PM 5 oz Lunar has just arrived - that was a serious mistake!!!
    If I wasn't an addict before with the 1 oz, I'm doomed now ......
     
  5. Miksture

    Miksture Active Member Silver Stacker

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    Saying the same thing twice is a grammatical mistake and also tautological... I procured some silver from Goldstackers last week when I bought it. It was shiny and reflected a lot of light. I love the solid, unhollow feel of the metal in my hands.
     
  6. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Soon you will pass the point of no return. You have a choice to make... one choice leads to despair and hopelessness, the other to total doom. Choose wisely.

    Stick with Lunars and you may survive. But beware of dipping your feet into the Kookaburra stream or you risk being sucked into an abyss that is worse than collecting Pokemon.
     
  7. The Crow

    The Crow Member Silver Stacker

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    I have now seen what others have meant referring to the qualities of the Lunars - the "ordinary" coins appear to be the equivalent of other's proofs. And the designs are very appealing. Then add the size factor of the 5 oz's - I did wonder if the detail would be less (like simply blowing up an image), but to my eye are just as good (based on a sample size of one, to be sure). I do believe that lunaring will be a first priority in my further gathering.

    But to my shame, I must also confess to having the occasional Kookaburra - perhaps if I could just do that until I need glasses but stop before I go blind ..... :)
     
  8. stacker

    stacker New Member

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    Here in the UK investing in silver has lost its shine as there is a 20% VAT on it nevertheless I will start to invest in more silver but am looking for ways around getting silver without the 20% VAT charge. Do you guys have to pay VAT?
     
  9. alor

    alor Well-Known Member Silver Stacker

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    no gst, when you can avoid buying into it. they are alternative means in getting silver without the gst.
    but I also get to love gold now, since I have enough silver that I can carry with both my hands. "999"
     
  10. stacker

    stacker New Member

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    You said that there are alternatives to buying silver without the gst. How? I would be ever so grateful for the info.
     
  11. Shippeevt

    Shippeevt Member

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    Ebay or have someone in a different country ship it to you...
     
  12. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    that wont work, the UK will still charge VAT on the goods entry.
     
  13. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Are we paying GST on bars and coins? I didn't think so...I don't think that's right, at spot plus 10% gst (~$685) lots of places would be selling name brand bars under spot which seems unlikely.
     
  14. Shippeevt

    Shippeevt Member

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    How do they know what is being shipped? X Ray? Silver sniffing dogs?
     
  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I just discovered that GST in Australia is supposed to be paid of proof bullion coins. didn't realize that before.
     
  16. CFP

    CFP New Member

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    mate get a nine pound flight to the contingent and then stuff a few ounces in your jocks. If you get pulled up by customs, (highly doubtful) just tell them that you were in some shady parts of europe and this was your emergency funds that you forgot about when you entered the country.
     
  17. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    ahh typical arrogant ignorant American.

    invoices, declared values, insurance costs, almost anything comming into the UK is covered by their limits. The goods inside the package are mostly irrelevant. It gets charged on anything imported .

    Just like here we have a $1000 limit on goods we can import before GST and duties apply. The UK only get 15 where VAT is not charged on imported goods.
     
  18. Cheepo

    Cheepo New Member

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    Silver is cheap?????

    The price of silver went up by 300% over the last 13 years! 300%!!!!!

    That's while the price of most goods went up on average by about 30%, or 50%. If silver was US$5/oz, it would be cheap. At US$17/oz it's incredibly expensive!

    Sorry :)
     
  19. alor

    alor Well-Known Member Silver Stacker

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    yes, that is one relative.

    but after getting out of uranium miners giving some 5,000%. sure silver was the next cheap thing after 2006

    now that oil is back down again, and for same as silver from 48 to 17.

    it is cheap, but there are cheaper things we could never get, like the free money being hand out by the fed.

    it is the fiat money that are buying for lesser and lesser.

    when most people has the vision to see the never ending head down of silver price. it is sure to be in the crowd to be accepted for a lower price. (when it can be cheaper in price but not in metal - it is just too late to join the fun)
     
  20. alor

    alor Well-Known Member Silver Stacker

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    last time a member mentioned about buying the old coins which does not have gst. its silver none the less, just cheaper. :)
     

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