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/biz/ - Business & Finance


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16419248 No.16419248 [Reply] [Original]

How do I buy silver for the current market price? When I go to a merchant here in germany, I pay a fee for the merchant and then 19% in taxes. Market price for 1kg of silver is about 500€ right now. I would have to pay 600€ at a merchant. In most other countries in the EU there is the same problem as far as I can tell.
Currently, the gold/silver ratio is at ath which means silver is the cheapest compared to gold. I would like to sell my silver for gold when this ratio drops which would yield in more gold at that time than I could originally bougth wit my money before

>> No.16419263
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16419263

>>16419248
You don't expect the poor good merchant to not make a small margin on silver, do you? Shame on you for even thinking about ways to cut him out!

>> No.16419281

>>16419263
>25% spread
>small margin
Shlomo please

>> No.16419289

>>16419263
The margin is not the big problem here. He would be stupid to charge to much as there are enough copmetitors.
I pay about 20% in taxes on it. That is money which I will not get back (Ahmed will get some of it though)

>> No.16419309

>>16419248
Order direct from a reputable mint. I shipped from Perth mint internationally was only a few % over spot. Order was 2000 oz of 100oz bars tho

>> No.16419361

>>16419263
ITS ANUVA SHOA, CALL THE JIDF

>> No.16419515

>>16419248
Use quantfury to trade silver futures without arbitrary spreads and free of trading fees.

>> No.16420458

bump

>> No.16420468

>>16419248
Buy online.. There is no tax in Estonia and other places..

>> No.16420477

>>16419248
buy it locally thru something like craigslist or whatever you have...just make sure you advertise your price in the ad to avoid the lookey-loos

>> No.16420497

Use an ETF retard

>> No.16420551

>>16420468
How can I trust someone online from estonia to send me legit silver in the first place and not some cheap alloy?

>>16420477
Same thing as above

>> No.16420557

>>16420497
I want to have the actual silver not some paper. And I dont want to deal wtih some kyc faggotry