Ok. I have talked myself out of investing back into Silver.
I called around and found out that silver spot is say 25.00
The junk pre 65 is 30.5 or 5.50 over spot.
Bars and rounds are 6.50 over spot or 31.50.
No tax in Georgia unless 1,000 face in coins.
Federal capital gain is 15% if held 3 years. 28% if held less than 3 years.
So the spot price would have to go up $50 in order for it to be worth invest in 15000 or more. But saying three years
Silver goes to $50 oz. And Biden increases capital gains to double or tripled. Then all I have done is an exercise in fruition. I haven't made money I love tied money up. Not to mention that I have one back surgery already. So with the Outlook of the government increasing prices on taxes the future looks depressing.
I called around and found out that silver spot is say 25.00
The junk pre 65 is 30.5 or 5.50 over spot.
Bars and rounds are 6.50 over spot or 31.50.
No tax in Georgia unless 1,000 face in coins.
Federal capital gain is 15% if held 3 years. 28% if held less than 3 years.
So the spot price would have to go up $50 in order for it to be worth invest in 15000 or more. But saying three years
Silver goes to $50 oz. And Biden increases capital gains to double or tripled. Then all I have done is an exercise in fruition. I haven't made money I love tied money up. Not to mention that I have one back surgery already. So with the Outlook of the government increasing prices on taxes the future looks depressing.