Investing in gold

[fosters please mate!]

Does anyone on here regularly buy gold as an investment? Just seen an advert on tv for a gold company on tv who reckon it’s one of the safest investments currently and plans start from £40 a month for a gram of gold bar. Seems like a good idea in theory and something ‘physical’ you can collect

 

[Keawyeds]

Afternoon, Smaug

 

[Vinny the Mackem]

Cats4Gold - Swap your shabby tat for a tabby cat at Cats for Gold

 

[PhilSAFC]

Good investment yes but do you really want a load of gold in your house?

 

[LondonBlackCat]

Does anyone on here regularly buy gold as an investment? Just seen an advert on tv for a gold company on tv who reckon it’s one of the safest investments currently and plans start from £40 a month for a gram of gold bar. Seems like a good idea in theory and something ‘physical’ you can collect

Already £10 more than market price, wonder how they make their money...

 

[jayjaysafc]

I’d like to know more about this if anyone has any knowledge or experience to pass on

 

[fosters please mate!]

I’d like to know more about this if anyone has any knowledge or experience to pass on

Direct Bullion | London's No.1 Bullion Dealer | PCGS Authorised Coin Dealer. Buy Gold Bars VAT Free | Direct Bullion London | London's No1 Bullion Dealer

This is the company in th tv advert

 

[monkeytassle]

Does anyone on here regularly buy gold as an investment? Just seen an advert on tv for a gold company on tv who reckon it’s one of the safest investments currently and plans start from £40 a month for a gram of gold bar. Seems like a good idea in theory and something ‘physical’ you can collect

What attracted you to this?

 

[luvulongtime]

you can't eat it. it's a diesel generator,diesel,a rifle and bullets and food you need to stockpile for when brexit happens

 

[ODIN]

Watched this video on youtube about this bloke that collected scrap electrical/computer parts and extracted the gold from the chips/ motherboards. Made a canny wedge doing it apparently

 

[jubblies]

I'll stick to my magic beans

Edit : Muslim dating

Edit : Hearing aids

 

[Alan BStard]

Funny how you don't see them We Buy Gold gadgies any more.

 

[Teed]

Good investment yes but do you really want a load of gold in your house?

Well, cough, I wouldn't say no to a couple of tons.

 

[Jack Wolforskin]

Got quite a few krugerrands.

 

[Old Prestonian]

Got quite a few krugerrands.

Pieces of eight more likely.

 

[ProfessionalMackem]

This thread will be included in the next conspiracy thread on Gold. I'm collating data as we speak.

I'll give a clue.....its all a con.

 

[jaxaxe]

you can't eat it. it's a diesel generator,diesel,a rifle and bullets and food you need to stockpile for when brexit happens

Of course, the sound of a diesel genny, and being the only house in the street with both lights and cooking smells will not have the starving zombie hordes kicking down your front door at all.

 

[daveyc]

Watched this video on youtube about this bloke that collected scrap electrical/computer parts and extracted the gold from the chips/ motherboards. Made a canny wedge doing it apparently

He'll have spent more extracting the stuff than it is worth. I used to deal with PCB recycling - it's not a money earner.

 

[Hair Flick]

Does anyone on here regularly buy gold as an investment? Just seen an advert on tv for a gold company on tv who reckon it’s one of the safest investments currently and plans start from £40 a month for a gram of gold bar. Seems like a good idea in theory and something ‘physical’ you can collect

you're better off buying coins rather than bars as UK gold coins are exempt from both VAT and Capita Gains tax. While they are nominally more expensive than krugerrands, if you're likely to be selling a lot, the CGT element is zero on UK coins.

Do you Pay Capital Gains Tax on Gold Bullion? CGT Free Gold

There are a few places where you can buy more or less at the spot price for gold (currently running close to 2 year low prices. I use Baird & Co Bullion Merchants from time to time.

 

[buster]

you're better off buying coins rather than bars as UK gold coins are exempt from both VAT and Capita Gains tax. While they are nominally more expensive than krugerrands, if you're likely to be selling a lot, the CGT element is zero on UK coins.

Do you Pay Capital Gains Tax on Gold Bullion? CGT Free Gold

There are a few places where you can buy more or less at the spot price for gold (currently running close to 2 year low prices. I use Baird & Co Bullion Merchants from time to time.

CGT allowance is over £11 k , he’ll have to be buying a lot of gold or hoping for a spike in the value to exceed that allowance anyway.