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Krugerrands, everything you need to know |
Kruger Fact File
 Everything you need to know about Krugerrands.
Back in 1967 the South African Chamber of Mines had an inspired idea to help market South African gold. It was to issue a one ounce bullion coin, to be sold at a very low premium over the intrinsic gold value.
Krugerrands were first minted and issued in 1967, and have been produced every year since. They have legal tender status in South Africa, which allowed them to be imported into many, but not all, countries without import taxes, duty or VAT.
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Beware the £1 Billion Scrap Gold Buying Rip Off |
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Many jewellers & dealers advertising to buy scrap gold jewellery in the UK are ripping people off with low prices & misleading claims.
The £1 Billion Scrap Gold Buying Rip Off
 The world supply of scrap gold for recycling was 586 tonnes of fine gold in the first quarter of 2009. This equates to about £44 billion at current prices.
It is difficult to know what proportion of this came from the UK, but even if was as little as 2% to 3%, this would work out at over £2 billion in the UK.
From our brief research, many small traders are paying about half the true value for scrap gold, meaning that UK owners of gold scrap are being ripped-off by £1 billion per annum.
We buy gold coins at higher prices than our competitors
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Survive & Prosper in the Coming Economic Turmoil, a book by Jim Mellon & Al Chalabi. Published 2005
Where to Get More Information
Introduction - Protect Your Business and Investments
- The Time For Action is Now!
- It is Going to Happen - and Within This Decade
- The Widening Rich - Poor Divide
- Unsustainable Behaviour in the Global Economy
- The Impact on the West of China's Unrivalled Competitiveness
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Gold