The $28 Trillion American Albatross Editorial by Chris Talgo
(townhall.com)
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i have no idea where to start with all this. Where do I even try to find a gold bar in the UK??? Do I pay tax on it? How much am I looking at here? I dont have much in savings anymore after COVID.
Then where do I sell it and when? Local pawn shop?
I've had good luck buying through JM Bullion.
Our thoughts are to either sell it on eBay or to a coin shop when silver starts taking off, or if money is backed by precious metals, which is what many of us are hoping, you'll be able to just take it to your treasury.
I would look into silver, rather than gold, if you don't have a lot of extra to spend. Silver has been undervalued more than gold, so the theory is it will have greater gains. And it's cheaper to buy it now. Spot price is around $27, but it's selling for close to $40/oz.
I am NOT selling anything I have for fiat dollars, I will wait to sell off collectibles, too. I was gifted a couple thousand dollars of gold jewelry that I used to get a large number of pre-65 coins, plus a somewhat diminished silver bullion supply. Had to sell off 200 ounces ($3300) to pay for a replacement car. I am confident this will be this year..