Aren't you paying taxes on those precious metal gains? .
What gains? The IRS cannot tax silver.
Aren't you paying taxes on those precious metal gains? .
What gains? The IRS cannot tax silver.
Name how they tax silver?And what's your basis for that?
Name how they tax silver?
They can charge capital gains on any profit you reap, but not on the silver itself.
Just like with a stock, on the sale of the asset. If you never sell the silver or the stock, you never incur tax on it.
Yeah cos inflation totally isn't a tax (sarc).Just like with a stock, on the sale of the asset. If you never sell the silver or the stock, you never incur tax on it.
The main problem with your stocks other than the risk associated with gambling in the markets, is the fact that NO ONE will trade an actual physical item like food or a new car in trade for a paper stock certificate. You HAVE to convert your stocks into currency before you can use them to purchase anything.
You can just purchase anything you want with gold or silver, no conversion necessary, no IRS report, no Tax. In several states you can pay your taxes with gold and silver.
A paper stock certificate (Ever seen one of those) is WORTHLESS on its own merits.
Yeah cos inflation totally isn't a tax (sarc).
You seem like someone who merely raped the shit out of a high school economics book and now calls themself an expert...
Tax evaders can get caught because they leave a trail that can be followed back to them. Gold and Silver are purely anonymous.The fact that you are a tax evader does not give merit to your investment philosophy.
Tax evaders can get caught because they leave a trail that can be followed back to them. Gold and Silver are purely anonymous.
Everyone is a tax evader at some point, our governmental representatives even more so.
Do you stop at stop signs in the middle of the country when not a single soul is within 10 miles?
What do you guys think about a Fed member stating that they were going to be changing tactics. Either slowing the buying of bonds or increasing. Both sound dangerous.
What do you guys think about a Fed member stating that they were going to be changing tactics. Either slowing the buying of bonds or increasing. Both sound dangerous.
What do you guys think about a Fed member stating that they were going to be changing tactics. Either slowing the buying of bonds or increasing. Both sound dangerous.
We are eventually going to have to face higher interest rates. Our debt makes this ominous. I think devaluing the dollar is part of the game plan and I really don't agree with this. I think they up the ante but I hope I'm wrong.
Time to buy, I've been waiting for it to bottom out again. Think it will go lower?
Do you know what the Median cost of production is? That's the point to look at first.
Then factor in an inflated parameter for "executive compensation". Around 3 years ago, the average (i.e. mean) cost per Ozt was about $800.
The figures I've seen lately of $1200 do not reflect that old metric accurately, IMO.
So yes, it can and probably will go lower.