RE: POG/S22 Jun 2021 21:01
Hi Speedy - i hope you are keeping well?
After a delay in one of my other stocks (ODX grrrr....) which was supposed to be a multibagger in a pandemic as they make LFTs, my wish to buy physical gold coins from the Royal Mint (or Atkinsons) - so no CGT or VAT, has been held up. Now, I think I now what your sentiments on what I suggest will be, but what do think is the mechanism by how it will work? Basically, I want to keep money in my ISA, which precludes holding physical gold in person. Hence the only other way to do it in an ISA, aside from GGP and miners, is the much-maligned ETF! We constantly hear how there isn't enough physical held to back up the amount they are 'selling,' and if it was called in it would be like a bank run writ large. Have you ever used one / do you use one and how do you see them unfolding if gold went up another 1-2k etc? Thanks for your time!