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Personal Finance and Investing

3Hotdogs

(14,054 posts)

7. You would get hit with a higher premium when you sell because the gub'mint

Reply to sweetapogee (Reply #6)

Fri Feb 14, 2025, 02:36 PM

Feb 14

won't buy it back. You have to sell it on your own or to a gold buying store.

If I were buying gold from treasury, I would select the gold Buffalo coin. I think it is "cooler" than the standing liberty.

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amount of gold and silver in a portfolio [View all] sweetapogee Feb 14 OP

As I see it, the problem with physical gold is the buying and selling commissions. 3Hotdogs Feb 14 #1

Will the federal tax on the sales be part of the 20-30% commission? no_hypocrisy Feb 14 #2

Tax should be on the net profit. 3Hotdogs Feb 14 #3

And would it be separate from the commission fee? no_hypocrisy Feb 14 #4

OK sweetapogee Feb 14 #6

You would get hit with a higher premium when you sell because the gub'mint 3Hotdogs Feb 14 #7

Personally, I own gold and silver jewelry PoindexterOglethorpe Feb 14 #5

If a gold ETF is of interest to you, Bob Carlson of Retirement Watch recommends IAU progree Feb 14 #8

This message was self-deleted by its author Mosby Feb 17 #9

People think the prices are going to continue to climb, especially silver. Mosby Feb 17 #10

ok sweetapogee Feb 20 #11

I'm less cautious... Happy Hoosier Feb 25 #12

thank you so much sweetapogee Feb 25 #13

Sounds like you are well situated! Happy Hoosier Feb 25 #14

i think 3-5% ie enugh for gold in a portfolio. 0% for silver moonshinegnomie Mar 6 #15