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Silver
Silver, like gold, provides a physical asset in which to invest.
Although silver is often seen as more volatile than gold, in the
first half of the last century gold and silver were on a similar
footing in terms of monetary value and their roles as safe havens.
In present economic times, it is expected by analysts that the value
of silver will remain relatively unscathed because of the industrial
demand for silver (industries such as photography, electronics,
aerospace and defence).
Another real case for investing in silver lies not on the demand
side (although this is growing), but on the supply side. Silver is
quite rare and there are only 22 or 23 completely pure silver mines
operating around the world; and, unlike gold, silver gets used up.
Whereas 95% of gold ever mined still exists in above-ground refined
form, in contrast, about 95% of the silver ever mined has been
consumed by electronics and jewellery.
VAT
One major difference between gold and silver though, is that while
investment gold can be bought exempt from VAT in the UK and EU, the
same does not apply to silver, platinum or other metals. If you wish
to take physical delivery of silver, there is VAT to pay.
Fine Silver – 99.9
All bars supplied from Sempsa
Denomination Description Price over fix
1kg bars SEMPSA
produced 1kg bars £49.00/ea
500g bars SEMPSA produced 500g bars £43.50/ea |
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