1.7M people. The number of people required to buy 8oz of silver per month to buy up 100% of the ~160M oz produced yearly, but not used for manufacturing.
(media.greatawakening.win)
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We (UK) used to be able to buy silver tax-free until Brexit but now we have to pay 20%
Are bullion coins still tax free here in the UK?
For gold only - no VAT or CGT.
Silver coins can dodge the VAT by not taking delivery; you pay to keep them in a vault. Not sure about platinum.
OK thanks.
Interesting. Silver and gold purchases in some US states now exempt from sales tax. Other states making capital gains tax free as well. Wisconsin is latest to drop sales tax: https://blog.tenthamendmentcenter.com/2024/03/signed-as-law-wisconsin-repeals-sales-tax-on-gold-and-silver/