Gold. GOLD!!!!! Gooooollllllllllddddddd!!!!!!!!

NoDrama

Well-Known Member
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.
 

Harrekin

Well-Known Member
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).

You seem like someone who merely raped the shit out of a high school economics book and now calls themself an expert...
 

tokeprep

Well-Known Member
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.
If you find someone willing to accept gold and silver. The vast majority of people would not (of course, I disagree with your assertion that no one would accept stock for the same goods). And once again, the fact that you aren't paying taxes doesn't mean you don't owe tax. If you bought $5,000 worth of silver and traded it when it was worth $15,000 for a new car, you owe tax on the $10,000 capital gain in the silver, whether the transaction was reported or not.

The fact that you are a tax evader does not give merit to your investment philosophy.
 

tokeprep

Well-Known Member
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...
You're suggesting that inflation is a tax on the value of silver or a stock? You might want to think that one over again. The stock market chart has much in common with the silver chart because asset prices reflect inflation.

Inflation erodes the value of currency, not commodities, not products, not assets, not services.
 

NoDrama

Well-Known Member
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?
 

cannabineer

Ursus marijanus
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?
~blushes~ cn
 

Balzac89

Undercover Mod
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.
 

ChesusRice

Well-Known Member
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.
They are going to do whatever it takes to keep the economy going until the patient can walk out of the hospital on it's own
 

ginwilly

Well-Known Member
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.
 

OGEvilgenius

Well-Known Member
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.
Not really possible. Higher interest rates means that debt service payments become obscene, which means that you have to print more money to pay back obligations. Both end results are horrible. We're at the end of this monetary system. A big reset is coming.
 

heckler73

Well-Known Member
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.
 

Balzac89

Undercover Mod
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.
This morning was proof. What if it goes lower than 1200? I feel like that would really mess up production
 

Balzac89

Undercover Mod
Gold almost 1300 and Silver at 20. I read an article a few weeks ago and it stated that Silver would hit the next support level at 18 and Gold would go to 1200. I dismissed it but wow.
 
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