Catturd: "This is definitely not funny. So whatever you do, don't laugh." It's hard to follow his advice... Kek
(twitter.com)
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Silver is not such a great investment in the UK, buyers have to pay VAT (tax) when buying and also have to pay tax on any profits at sale time. Gold coins of the realm are tax free at purchase and tax free when sold. I reviewed this a few years back and settled for 1 oz Gold Brittanias.
Its a great scheme. The crown uses your cash while you hold their gold. Then they just demand their gold back when they want it. Look, its got their name on it.
it's their cash also, it's got their name on it.
True statement. Which is better to call in. If they confiscated cash then people will be forced to create another means of barter and exchange and other countries will stop accepting it as well. At that point they can't use it either so they might as well confiscate oak leaves. However, confiscating gold like the USA in 1933, just takes the real money. The people continue to use the fiat currency and it can be used as trade abroad. The people can't use gold but the government can trade it internationally. When they are blocked from laundering money in Ukraine, they will tax and confiscate