Advice needed on buying silver

[Tarrel]

Yes, precious metals are a good hedge when every other form of investment is unpredictable at the moment. However, do bear in mind that 20% VAT. You're effectively taking a 20% loss as soon as you make the investment. Price would have to rise 20% just for you to stand still.

You can buy gold in quite small quantities. Quarter Sovereigns are currently going for £61 each at Bullionbypost.co.uk, VAT-free. I can't vouch for the seller, but useful to get an idea of price.