Member Info for Doozer77

India are slowly repatriating gold from London…

https://timesofindia.indiatimes.com/business/india-business/rbi-moves-100-tonnes-gold-from-uk-to-its-vaults-in-india/articleshow/110574276.cms

Another hundred or so tons transferred in Oct 24…

They now store just under 600 tons in India with 250-280 tons still stored abroad…

Others will follow suit imho…

None taken Fred!

Best wishes to you and yours and keep your eye in from time to time 👍

Incidentally, I am really a very handsome chap…or so my mother told me…

Thanks for words of encouragement Ace…

But if you ever meet me I’m sure you’d agree that I look like I’ve been set on fire and put out with a shovel…

I’ve just got one of those faces Ace…🤷‍♂️

Hey Fred, long time, no see…

That CP, is a fantastic idea…

Any mole Wargs in da house??

The Mods may have saved your bacon KM…

Mittens…

…stops him scratching himself…

Careful KM, that’s possibly libellous without proof…

Posting on social media and all…

Am genuinely interested, so thought I’d AI it.

Although I am less than convinced with a lot of what AI has to say, I thought this one might be relatively easy to check…

“It depends on where you are and how the silver is being sold, but here’s the typical position in the UK (let me know if you’re in another country):

🇬🇧 UK VAT on second-hand silver

1️⃣ Private sales (person-to-person)

• Usually no VAT is charged.

• If you sell your own silver items privately (e.g., on eBay or to a friend), you’re not charging VAT.

2️⃣ Buying from a VAT-registered dealer

• VAT can apply, but often via the second-hand margin scheme:

• The dealer pays VAT only on their profit margin, not the full sale price.

• You won’t usually see VAT listed separately on the receipt.

3️⃣ Investment / bullion silver

• Silver (unlike gold) is generally subject to VAT at the standard rate (20%) in the UK.

• This is true even if it’s second-hand, if it’s being sold as bullion.

These rules are set by HM Revenue & Customs.”

Fair one Autumn.

Happy stacking! 👍

Hello Autumn,

Out of curiosity, why an Armenian coin? Was that all they had? Is there an Armenian connection?

It’s just I think foreign coins attract CGT is all.

In no way a criticism, just wondering why not a Brit?

Chards currently…

£81.23 for 2026 new Brit (No Stock)…

£79.23 for pre owned…

https://youtu.be/-l7lM4zy0dM?si=xnaXXXaI4EHX08KC

Don’t hold yer breath RB…

That said, I am very happy with the way Gold, silver and one particular Gold miner is panning (pardon the pun) out so far…

Trust your instincts…and a few select posters…

Whilst I agree with most of what you say TMT, and I’m not saying that GGP share price is being deliberately manipulated, but the wider market/markets as a whole, including gold and silver, are 100% tickled…

How to make a decent cup of tea, for one…

‘Coz they were allowed to exit their shorts…

Am not sure what to say if you believe everything is fair as above board tbh TMT…

Chards and Atkinsons Tug, if they have stock…

Got to be a buy and hold as the VAT pushes the price up.

Don’t buy if you need the money back soonish…

Or buy gold ones, fractional coins make it more affordable.

Hope that helps 👍

Happy tugging…