RE: Chunk of Gold

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Chunk of Gold

in silvergoldstackers •  4 years ago 

Ohh ...sales tax on precious metals, I am lucky that in Washington there's no sales tax, it is considered money.
They really do jack up the price on fractional gold premiums, it makes it difficult to stack at a reasonable value....

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My state added sales tax a year or two ago to online purchases and suddenly the cost of buying any bullion was not worth it. It was actually cheaper to ship it to another state without sales tax have a family member mail that to me. I've only being buying through ETFs now and gold miners.

Gold miners have are an amazing deal right now, since most have positive free cash flow

I guess they were looking for any way to tax precious metals my friend....

Yeah, 10% is brutal when it should be 0