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by rotor
Tue Oct 11, 2016 5:57 pm
Forum: Off-Topic
Topic: Gold/Silver Bullion purchase for an ignorant rookie
Replies: 30
Views: 9919

Re: Gold/Silver Bullion purchase for an ignorant rookie

Just got one of those flyers from my accountant. Profits from the sale of bullion and coins is taxed differently than profits from stock. I know you are all talking about the end of the world scenario but realize that if the world doesn't end uncle sam will hit you hard on profits if there are any. Talk to an accountant before putting big dollars in this. If you keep hearing that silver is selling for half of its high routine therefore you should buy, I wouldn't.
Now guns and ammo, you can hold in your hands.

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