Hi all,
It's me again here and on today's blog I will be discussing upon the common question which has been dogging since I took break away from blogging.
WHICH IS BETTER?
Gold
SOURCE: Despoitphotos
or
Silver
SOURCE: Depositphotos
vs
A better future on a return!!!
Now this is a very important question for us all, if you are currently stacking Silver and Gold or both that's fine. and if you are starting your stacking collection of these commodities thats fine as well.
Let's imagine this for starters, in your hand you have been given £5,000 (GBP is my native currency) what would you spend it on.
So let's start with silver
SILVER
Now silver is a great way for starters to start stacking precious metals from as little as a Britannia which is I think it is £25.
SOURCE: Sharpspixley
So what I did was look on a website called Sharpspixley (Do bare in mind this is for UK Customers only).
Sharpspixley which I already did used for ordering 2 items which it will write a blog on it very soon once I received it. Now back to the £5,000 scenario
Here is one.
SOURCE: Sharpspixley
As we look at the 1kg Queen Beasts Completer Coin it shows us that the price is at just £853.94 which is ok but however why does it show the VAT and the other ex VAT.
WHY???
Because since that I am a UK Citizen (and if there is any UK Citizens reading this), Silver is tied with the VAT (Valued Added Tax) which is 20%, Meaning if you buy any silver of any kind, that means that 20% will be added on the final total.
But however if you are buying Britannia and selling it onwards and you are a UK Citizen, this goes under the CGT exempt act or (Capital Gains Tax) as it is made by the Royal Mint in the UK. So for an example, you are a UK citizen and you bought Britannia and sold it on, this would leads to that exemption and you could make possibly loads of profits out of it.
So now let's jump into the spending of that £5,000.
£5,000 on Silver
So know let me show you the things that I would buy £5,000 on Silver
SOURCE: Sharpspixley
So now we've got a good cart full of silver, so now let's put the weight together and this leads to a total of
6kg & 18oz worth of Silver
So now let's put that silver to one side and let's jump onto the next one.
GOLD
Now Gold is a wonderful yet powerful thing which has stood the test of time and yet people are so obsessed with these things and yet even still I am obsessed with gold to be fair and honest.
So now let's test the £5,000 Gold
So let's start with this one
SOURCE: Sharpspixley
now isn't she a beaut, now if we look at the price it does stand at £1,516 but however there is ++NO VAT included ++
WHY
Because the UK is exempt from the investment of Gold from the VAT which will not incur-age an extra fee.
So know let us head back to the £5,000 on Gold.
SOURCE: Sharpspixley
As you can see I've picked a good list of Gold and the weight is
2.75oz & 13g
And now since that we have a list of both Silver & Gold, and for the best part the future prices.
FUTURE PRICES
So let's start with Silver
(PLEASE NOTE That this one can go far towards December 2026)
SOURCE: Tradingview
And for Gold
(PLEASE NOTE That this one can go far towards December 2026)
SOURCE: Tradingview
NOW FOR THE FINAL PIECE OF THE PUZZLE
Now let's put 2 and 2 together through the website Coinapps.com
So as you can see from Silver's POV it stands at $4,475.39
SOURCE: Coinapps
And for the Gold it's at an amount of $6,159.46
SOURCE: Coinapps
As now we see the true colours of both Silver & Gold & possibly it's true potential as well.
But however please be aware this is is based upon my opinion and my own personal experiment. Please speak to your financial advisor if you attempt these for the long run and also your capital is always at risk.
If you have any questions. Just leave a comment down below.
Alexander (acmbullion).
PS: this is possibly the longest ever blog that I have ever done!!!
Posted Using LeoFinance Beta
I wil prefer to save more silver much more than gold as the future of silver is still more bright than gold
There's a lot to be said about, Staker Stacker's - @ssjsasha, Gold/Silver Ratio Report, at 91:1 today. And, Andy Schectman, on Liberty & Finance, saying ultimately, gold is where to be. What are we to do, acmbullion - @acmbullion?
Hi @cve3, I would probably say that, go with your instincts what ever suits you best.
But however, I am not anyone's financial advisor and also the current and the future prices upon Silver & Gold can and will always change in an instant upon however the market plays out.
Posted Using LeoFinance Beta
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