QWAK,Somthing to ponder HUMmmmmmmmmmmm???

[GOLD DUCK]

QWAK,IF I bought SILVER rounds at say $10.00 each and sell them at say $30.00 each the GOV. wants 30% of the $20.00 profit as TAX but IF it were a stock they would only get HALF 15%!

What IF I alter the SILVER ROUND -- change it in to somthing else does that avoid the 30% tax?

the DUCK

[Silver Art]

QWAK,IF I bought SILVER rounds at say $10.00 each and sell them at say $30.00 each the GOV. wants 30% of the $20.00 profit as TAX but IF it were a stock they would only get HALF 15%!

What IF I alter the SILVER ROUND -- change it in to somthing else does that avoid the 30% tax?

the DUCK

It depends on what you change the silver round to. For example, hypothetically speaking, if you could change the silver round into digital paper "0's" and "1's" (i.e. stocks), you could avoid the 30% tax but you still would pay 15% tax. However in real life that will, at best, be impossible to directly transform real money (the silver rounds) into paper money (stocks) unless you had a magic wand to alter the physical properties of the silver rounds to make them digital paper "0's" and "1's".

[bemac]

Hypothetically speaking (as I know nothing about this), if you buy with cash, sell for cash, you don't have to pay any taxes.

[GOLD DUCK]

It depends on what you change the silver round to. For example, hypothetically speaking, if you could change the silver round into digital paper "0's" and "1's" (i.e. stocks), you could avoid the 30% tax but you still would pay 15% tax. However in real life that will, at best, be impossible to directly transform real money (the silver rounds) into paper money (stocks) unless you had a magic wand to alter the physical properties of the silver rounds to make them digital paper "0's" and "1's".

QWAK,Silver Art,I was thinking more along the lines of melting and casting the .999 silver in to VAMPIRE KILLING BULLETS!

the DUCK

[Tbonz]

You could probably circumvent the higher rate by making it into a piece of art.

Punch a hole in the plastic sleeve holder and run a string through it and you have a necklace/bracelet.........

Not that I would ever suggest breaking the law.

[GOLD DUCK]

Hypothetically speaking (as I know nothing about this), if you buy with cash, sell for cash, you don't have to pay any taxes.

QWAK,bemac,I think the IRS would eat you for breakfast over that!

the DUCK

[bemac]

QWAK,bemac,I think the IRS would eat you for breakfast over that!

the DUCK

Yeah, that's why I'd never do such a thing.

[Joseph]

QWAK,IF I bought SILVER rounds at say $10.00 each and sell them at say $30.00 each the GOV. wants 30% of the $20.00 profit as TAX but IF it were a stock they would only get HALF 15%!

What IF I alter the SILVER ROUND -- change it in to somthing else does that avoid the 30% tax?

the DUCK

With respect to tax liabilities, is there a distinction to be made between silver rounds and ASEs and 90% per se ? Hypothetically, if one was to pay cash for ASEs, AGEs, and possibly some 90%, would one have a tax obligation if one sold such coin down the road ? What if, instead, one paid for food, vehicles, gas, etc with such coins ? how could there be a tax issue at all ?

[GOLD DUCK]

With respect to tax liabilities, is there a distinction to be made between silver rounds and ASEs and 90% per se ? Hypothetically, if one was to pay cash for ASEs, AGEs, and possibly some 90%, would one have a tax obligation if one sold such coin down the road ? What if, instead, one paid for food, vehicles, gas, etc with such coins ? how could there be a tax issue at all ?

QWAK,Joseph,If you sell your bullion for more than you payed the IRS expects to get 30% of any gain yea it SUCKS and is as wrong as the sun shining at night but that is part of there SCAM to keep people from returning to using SILVER and GOLD as MONEY!

the DUCK