The Young Pretender
@Dioclet54046121
“A report on options for creating alternative payment platforms for settlements between BRICS member countries will be prepared for the summit of the association in Kazan”
Will the UK follow the lead of many US states, and scrap VAT on silver in the November budget?
UK investment silver sales are minute. Plus, it’s not really possible to continue VAT on silver if both gold and silver are getting re-monetised. The Gov’t might want to encourage private ownership of these money metals, just like China has, adding to general national reserves.
Countries can build up general national reserves of gold and silver, both strategic metals, by mobilising their citizens to buy them, just like China has done.
Or will the UK government limit tax-free status to gold at the Oct budget, in order to encourage private citizens to focus on increasing national gold reserves, leaving silver for the industrials? I guess we will have to wait and see.
It’s options expiry on Wednesday. Let’s see what happens today and tomorrow.
Are we going to get an options expiry slam-down before 1.30 pm eastern time this month? Or will the pattern break?
Is Mr Pre-Options Expiry Slammy slithering under the sheets ready to bite?
