Buying lots of Silver

Ricky92

Hey I want to purchase some fine .999 silver somewhere in Cork city anyone know of any good places?????? I am interested in 1 kg bars

digme

Nowhere in cork that i know of and if there was you'd be ripped off anyway,just fly to Europe and buy it,you'd save yourself a fortune.

Ricky92

hmmm I believe if they find the silver in my bag I may be taxed...... 9% I think

Gerry.L

I know this isnt exactly what you asked for..... but it might be worth a look all the same. Oh and listen to video too....


http://silversnowball.com/



EDIT: Just incase your wondering, I dont have anything to do with this website. ANd Ive never bought silver or anything off them either so I have no idea what they're like to deal with...

Ricky92

ok.... A scam website was most certainly not what I was looking for.I know of plenty of sites but I was looking for shops.Any in Dublin and do you know the prices?

Jim2007

Ricky92 wrote: »

hmmm I believe if they find the silver in my bag I may be taxed...... 9% I think

You don't have to bring in back - put in a deposit box at there

Jim

WildBoots

Ricky92 wrote: »

Hey I want to purchase some fine .999 silver somewhere in Cork city anyone know of any good places?????? I am interested in 1 kg bars

As someone else mentioned, you will get ripped off buying physical silver in Ireland. Buy online, there's heaps of sites.

digme

Ricky92 wrote: »

hmmm I believe if they find the silver in my bag I may be taxed...... 9% I think

http://seekingalpha.com/article/146990-why-german-customers-at-austrian-banks-are-suddenly-silver-bulls

this will send you on your way to Germany faster than a motherfcker

Ricky92

Nah screw Germany Im thinking of sticking a 1kg bar up my ....... to get through customs.

japasca

Why not give http://goldmoney.com/index.html a go. They don't do physical delivery but have good storage charges and are very easy to deal with.
I know you can buy silver VAT free in the Netherlands and ship it to Ireland (inter EU) so look into that.

colsku

japasca wrote: »

Why not give http://goldmoney.com/index.html a go. They don't do physical delivery but have good storage charges and are very easy to deal with.
I know you can buy silver VAT free in the Netherlands and ship it to Ireland (inter EU) so look into that.

I'd be of the opinion that when it comes to PMs, you dont own it unless you physically possess it!

I have my 1oz silver coins over in the US with family. How many are you looking to buy?

japasca

colsku wrote: »

I'd be of the opinion that when it comes to PMs, you dont own it unless you physically possess it!

I have my 1oz silver coins over in the US with family. How many are you looking to buy?

I also own physical, but limit the amount i'm willing to keep in a private residence for security reasons. Not all your eggs in one basket yada yada yada

mrcuddles

goldbank.ie in dublin are very good. its a business that lets you collect your silver or have it delivered.

jace_da_face

Ok so what is the deal with carrying silver in to Ireland. Does it have to be declared and will it be taxed? I mean if you purchase it in Germany you will pay VAT at source surely. Are you then taxed again on entering Ireland. If so then maybe it is worth storing in a deposit box in foreign lands. But I can tell you now I would be personally be travelling to Germany or wherever to personally place the coins in the box and taking the key.

Would you fully trust having your silver arranged to be physically delivered to a saferty deposit box over the internet? Was it not the goldsmiths that invented fractional reserve Deposits? Let's face it, if one wishes to diversify into precious metals it could be to hedge against inflation or it could be due to a fear of a collapsing euro and economic meltdown. In the case if the latter well if there isn't enough physical silver to back deposits on paper well that would just collapse too.

I would just rather hold physical silver. So what happens if I try to bring 100 coins through Dublin airport?

colsku

jace_da_face wrote: »

Ok so what is the deal with carrying silver in to Ireland. Does it have to be declared and will it be taxed? I mean if you purchase it in Germany you will pay VAT at source surely.
I would just rather hold physical silver. So what happens if I try to bring 100 coins through Dublin airport?

There is free movement of goods within the EU so you certainly will not have to pay tax on your silver when brining it into Dublin.

You should of course have your receipt with you in case the snoopers at the airport ask any questions.

The other consideration is anti-money-laundering issues, but I believe the limit is €10k before you have to declare it. A little homework should confirm everything for you.

...and you are absolutely spot on about holding physical. That Silver ETF (SLV) is completely fraudulent.

Best of luck with your purchase, and let us know how you get on.

Speculator

You should consider an exchange traded commodity.

The db-X ETC provides exposure to the silver spot price. Exchange code: XSIH