Query: If one buys silver now, and the price sky rockets, when that person sells the silver, if they do, do they get taxed on the income made because of the difference?
Great post Joe lots of great information, but siver has been manipulated for decades, no guarantee it's not going to be another decade or more... Lots of great indicators though. Don't hold you breath. I heard Siver was going to out value gold 3 decades ago... Peace...
Thanks for the perspective but please answer me this.
How is saving JPMORGAN over BofA or Wells Fargo, along with stockpiling for Weapons system (with cheap silver) a good thing?
Query: If one buys silver now, and the price sky rockets, when that person sells the silver, if they do, do they get taxed on the income made because of the difference?
Yes, it’s considered capital gains & taxed at up to 28%, so sell for cash if possible.
Great post Joe lots of great information, but siver has been manipulated for decades, no guarantee it's not going to be another decade or more... Lots of great indicators though. Don't hold you breath. I heard Siver was going to out value gold 3 decades ago... Peace...
Thank you, Joe, Sherlock Lange.Where do you go to buy your silver?