I've heard speculations between $1000-2500+ and even upwards to $5000 per troy ounce. This was based off of many countries going back to the gold standard, including the US. This will add more bite to it, so I lean more towards the middle of this now.
Ive finally convinced my wife to let me buy silver for the kids savings accounts. But she'd prefer I don't buy bullion, to avoid capital gains max tax rate when it's eventually sold. Is there a trustworthy silver stock to buy? Redacted mentioned AGMR, but I wanted to ask around. Should I invest in a silver mining company or futures or what? Ty
My go to is SDBullion.com. Good range of products at lower than most other sites. It’s usually a toss up between price and choice. The sites with the biggest selection carry the higher prices and the lowest priced sites carry the lowest selection. SD is at the sweet spot for both in my opinion.
Edit: If selection is a higher priority then go to APMEX.
APMEX is great for finding something specific but carries higher prices. I use them when I am looking for something specific but not often for stacking. Even their sale items are often higher than other sites like SD Bullion.
Don’t get me wrong, APMEX is a top tier dealer but you pay for that as well. SD feels more like an online coin shop to me and the prices reflect that also. Pay attention to the difference in metal price tickers on the different sites. They all base their prices on their own ticker price and they vary.
Dude she doesn't know what she's talking about. You need possession of precious metal. Bullion is an affordable, accurate, and convenient format to stack. Buy now and accept her thanks later.
I'd stay clear of anything paper based. If you cannot hold it in your hands, do you really own it? And the Comex market is very manipulated, and they've been caught having 100x+ paper shares to what they're supposed to have, a 1:1 ratio. They're the Wall Street of PMs.
As others have said, any large online bullion dealer is good, SD, APMEX, etc... just make sure you're buying from a reputable source that guarantees tested metals. I personally buy local, but that may not be viable depending on where you live.
No taxes on physical PMs here, purchase or resell, minus the "spot tax" of course. And it's deemed legal tender so there's no such thing as capital gains on it.
If that were my situation, I would buy into silver mining. But I'm not one of these precious metals guys. I like stocks, stonks, bitcoin, and real estate.
I've heard speculations between $1000-2500+ and even upwards to $5000 per troy ounce. This was based off of many countries going back to the gold standard, including the US. This will add more bite to it, so I lean more towards the middle of this now.
Ive finally convinced my wife to let me buy silver for the kids savings accounts. But she'd prefer I don't buy bullion, to avoid capital gains max tax rate when it's eventually sold. Is there a trustworthy silver stock to buy? Redacted mentioned AGMR, but I wanted to ask around. Should I invest in a silver mining company or futures or what? Ty
My go to is SDBullion.com. Good range of products at lower than most other sites. It’s usually a toss up between price and choice. The sites with the biggest selection carry the higher prices and the lowest priced sites carry the lowest selection. SD is at the sweet spot for both in my opinion.
Edit: If selection is a higher priority then go to APMEX.
APMEX offers a CC that comes with a Welcome Bonus, 0% APR for a year, and gives the CC upcharge of 4% back towards future purchases.
APMEX is great for finding something specific but carries higher prices. I use them when I am looking for something specific but not often for stacking. Even their sale items are often higher than other sites like SD Bullion.
Don’t get me wrong, APMEX is a top tier dealer but you pay for that as well. SD feels more like an online coin shop to me and the prices reflect that also. Pay attention to the difference in metal price tickers on the different sites. They all base their prices on their own ticker price and they vary.
Dude she doesn't know what she's talking about. You need possession of precious metal. Bullion is an affordable, accurate, and convenient format to stack. Buy now and accept her thanks later.
Just because bullion is in the name doesn’t mean that’s all they sell. Do you even metal?
Physical silver only. No stocks
I'd stay clear of anything paper based. If you cannot hold it in your hands, do you really own it? And the Comex market is very manipulated, and they've been caught having 100x+ paper shares to what they're supposed to have, a 1:1 ratio. They're the Wall Street of PMs.
As others have said, any large online bullion dealer is good, SD, APMEX, etc... just make sure you're buying from a reputable source that guarantees tested metals. I personally buy local, but that may not be viable depending on where you live.
I wonder how many COMEX paper options are used in each battery? That would save a lot of weight.
So all of your precious metals investments are bullion? 27% Capital gains tax be damned?
No taxes on physical PMs here, purchase or resell, minus the "spot tax" of course. And it's deemed legal tender so there's no such thing as capital gains on it.
If that were my situation, I would buy into silver mining. But I'm not one of these precious metals guys. I like stocks, stonks, bitcoin, and real estate.
What is the stock equivalent of real estate? Is there a publicly traded land developer you invest in? Or are you buying homes outright?
I had heard three years ago for silver to possibly reach $2000- $4500.