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What is the safest way to buy and hold Gold?

drummerboy1
by drummerboy1 23 October 2008  |  Comments 3 comments  |  Love Love  0 loves

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Comments (3)

  • Miltomatic
    Love rating 0
    Miltomatic posted

    I my opinion the safest way is in the form of coins or certificated ingots. However, it is not the cheapest way, as I believe you will be charged VAT on the purchase, which you will not get back when you sell.

    You need to establish if there is a legal way to buy and physically hold gold without being charged VAT.

    Posted on 23 October 2008 | Love Love  0 loves Report
  • JoeEasedale
    Love rating 159
    JoeEasedale posted

    There is no VAT on investment gold - which included coins that are not fine enough condition to be collectable.

    Posted on 23 October 2008 | Love Love  0 loves Report
  • TMFNicki
    Love rating 0
    TMFNicki posted

    Hi Drummerboy,

    Take a look at this article for more info http://www.fool.co.uk/news/investing/2008/10/02/all-you-need-is-gold.aspx

    Posted on 23 October 2008 | Love Love  0 loves Report

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