Cavehill Red Registered User
#16

digme said:
I'm saying there's nothing backing the paper.


Digme's right. The ratio between the amount of PMs sold on the likes of SLV or GLD and the amount they're actually backed with is frightening. Shocking leverage, because they don't expect people to take delivery.
I'd be concerned about a decoupling of the ETF paper prices and the price of physical in forthcoming months, especially if COMEX, as is possible, don't cover all the silver shorts this month with actual metal.

1 person has thanked this post
Jim2007 Registered User
#17

digme said:
I'll definitely be looking into this. Thanks very much.


Bahnhoffstrasse 45 is the global head quarters of UBS, on of the two biggest Swiss banks.

Jim

1 person has thanked this post
digme Banned
#18

Jim any idea what ingots and bars they sell ?
I'm not interested in coins.

Jim2007 Registered User
#19

digme said:
Jim any idea what ingots and bars they sell ?
I'm not interested in coins.


In bars anything from a 1g to 5kg: check the prices on UBS Quotes

Jim

#20

Jim2007 said:
In bars anything from a 1g to 5kg: check the prices on UBS Quotes

Jim


Thanks Jim.

What are the tax issues if you bring them back to Ireland in luggage / hand luggage?

Is it up to you to declare them?

You can also get them tax free in Norway btw.

#21

Ebay!

Jim2007 Registered User
#22

turbobaby said:

What are the tax issues if you bring them back to Ireland in luggage / hand luggage?


Sorry no idea, since I lived here for over 20 years I'm no in habit of doing this

Jim.

ravima Registered User
#23

O'Reillys auctions, www.oreillysfineart.com have a few krugerrands in the next auction. You can see the catalogue on line.

meglome Registered User
#24

meglome said:
Try http://www.johnweldonauctioneers.com/ they often have them up for auction. Based in Dublin, nice people too.


Actually should have mentioned these guys have an on-line catalogue too.

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