The Phaserl


German VAT on .999 silver is being hiked to 19%

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Interview with EU silver stacker

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3 comments to German VAT on .999 silver is being hiked to 19%

  • gryphonV8

    how about 21% in Belgium

  • Frank Zak

    Watch the 80-83 gold/silver ratio.

    It will be at about $12.88 on silver if gold
    hits $1030.

    Right now it is at 66.

    Everybody has turned negative on metals.
    Which is typically good.

    But, open interest at the Comex for
    silver long is very high, which is bad.

    David Morgan thinks this could be a spike bottom
    as indicators point to this. But, it could also
    be a continuation gap, which can sometimes take
    years to fill.

  • @gryphonV8
    Is this an announced change? Currently there is only 21% over MARGIN on legal tender silver in Belgium.

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