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RE: Inflation hidden in plain sight - raw materials are skyrocketing

in #inflation3 years ago

Crikey, that’s a tad insetting. Crazy money.

So for a newbie to buying silver... where online might be a good, trusted and easy place to buy silver?

Cheers for any advice! Hope the fence looks good for that £1k!!

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The fance looks really good thanks..... but my bank account not so much.

Now buying silver all depends on whwre you live. The States have a much better range and the prices are dar cheaper. Here in the UK, were limited to a small number of retailers, then have the joy of having to pay yax on every single silver purchase.

Ah I see. I’m UK based. Yorkshire.

Is there a preferred trusted retailer?

You can try ebay for smaller purchases. Thats how i started. Ifnyou wanted to buy in bulk then there are not many places that offer good value anymore. Pre-brexit you could pick up cheap silver from Europe and not habe to worry about import taxes ......

Ifnyou know anyone in the US, you could always ask them to send you some over?

Ive been buying gold lately, as herenin the UK its tax exempt and capital gains tax free(for coins), so while its a lot more expensive for initial outlay, it works out more profitable when factoring in taxes, postage and packaging and then reselling.

Fantastic, thanks for the info on this!
Maybe gold is the way forward. I just want to get a taste of what the process is and ways to identify real gold and not get scammed etc

Cheers!