/biz/ - Business & Finance

>>10652952
>buying shitty gold instead of crypto

Never gonna make it

>>10652960
I'm 75% down on crypto

crypto can go eat shit for all I care. I've still 2x my initial investment but I could've easily done that with stocks as well I think it's time to buy a safe investment

considering how strong the US dollar is right now and how the world finance system looks like it's on the verge of imploding due to protectionism slowing down growth everywhere, I think it's a good time to buy some.

>>10652982
>buys shitcoins ATH
>wants to buy gold thats gonna lose value anyway turning him into a bagholder

Why are you even bothering? Investing isn‘t just throwing money at something and hope it sticks.

>>10652952
>>10652982

Id eat her ass, bros.....

https://goldsilver.com/blog/irs-1099-gold-reporting-private-gold-private-silver-bullion/

Read the whole thing, down to Dealer Reporting.

oh lawd SAUCE PLS

What do you mean what country, and what tax? Just buy in the country you live in.

Any .999 fine gold is tax free to purchase in Canada. Also in Canada, any coin bought/sold under $1,000, the buy/sell both become $1000 for capital gains purposes meaning no taxes to report to the CRA. This is why I'm buying 1/4oz gold personally, the extra premium compared to 1oz is less than potential capital gains tax.

>>10652952
Would it be smarter to buy gold bullion or to just buy highly valuable collectible gold coins? They would be way easier to carry around but any damage to them will hurt their value significantly.

>>10653722
Unless you are very knowledgeable (and you are not since you're even asking) about coin collecting, do not buy gold coins that have numismatic value as a key component of their price. Buy simple gold bullion coins (American Gold Eagles, Canadian Maple Leafs, Krugerrands, Austrian Philharmonics, Australian Kangaroos) or gold bullion bars (PAMP Suisse, Credit Suisse, etc.)

The last major gold boom in the late 1970s up to the early 1980s saw all sorts of hucksters tricking people into buying grossly overpriced collectible gold coins.

One reason some people give for buying numismatic coins is because coins with collectible value were exempt from FDR's confiscation of gold in 1934. If you're really that worried about having the government confiscate your gold, buy a stock like PHYS, GLD, or use a company that sells allocated bullion stored in countries like Switzerland (I use BullionVault).

>>10652952
name?

https://www.goldmoney.com/

This is how I do it. Easier and faster than buying gold bars. Unless shtf and there is no more internet to trade the gold back in for fiat.

>>10654449
aznbarbie, she's disgusting. voice is annoying, think shes rich because her husband owns a gtr. Which is a trackrat car.

GOOD FUCKING LORD, JUST LOOK AT THOSE MILKERS!

I would race mix in a heart beat with her.

>>10652952
Buying from dealers in my experience is asking to get raped-I buy from private owners looking to sell at coin shows and such.

>>10654495
I’d find a way to put up with it

>>10652952
Gold is in bear market currently, why would you buy it?

>>10652952
belgium

gold retailers can buy and sell tax-free

>>10652952
>>10652982
GIB MILK