Silver is $87.70, how much higher can it realistically go?
>>525900063we're doing it
>>525900063>how much higher can it realistically go?If you want defensible and feasible...Adjust gold:SP500 ratio to historical standards (gold is also lower than historical average), and then adjust silver:gold ratio and you'll land around $1200/oz.
>>525900063It's above 88 and still rising.
>>525900063>Yes, you often pay sales tax when buying silver in the US, depending on your state's laws, and you'll definitely paycapital gains tax on profits when you sell it, as the IRS classifies silver as a "collectible," taxed up to 28% long-term.
>>525900671Good news, the IRS and Federal Reserve can be dissolved at the same time.
>>525900764>In Europe, you generallydon't pay VAT (Value Added Tax) when buying investment gold (bars/coins meeting purity/legal tender criteria), as it's VAT-exempt across the EU, but other gold items (jewelry, small bars) incur VAT. You might pay Capital Gains Tax (CGT) on profits when selling, depending on your country and holding period,
DO IT, Silver troonsyou are such investment geniuseslmao
And now there's a malfunctioning bot in the thread
>>525900063when you catch yourself asking that its time for you to cash out
$100 this yearmight tamp back some after; or it will leep going to $200im pretty sure its tagging $100 though
200oz EoY is the forecast. Real world factors haven't hit the timmies yet. China haven't even dropped the hammer. Paper silver is still being propped up. It will be a few more cycles. Crypto pedocoins are done, if it ain't physical it ain't worth shit.
>>525901074
>>525901327 >>525902020Depends how much of the rally is emotion and how much is due to shortages.Traders will take profits in the $130-150 but will that be enough to tamp the demand?
>>525902581>pays taxes to buy silver >pays taxes to sell silver>GUYS it has risen 1 cent >it has only to rise 78% to break even (without inflation)>WOAOAOAAOAOA lets create a thread
>>525902020What are timmies?
>>525903241>buying-in at $86I bought most of my silver a few year ago after seeing how emotionally and worried shills were about the stacking.Every time a shill would hit 50x I would buy another few rolls of coins, using some BTC gains to pay for it.My dollar-cost-average is ~$20
>>525903241Are you german or american? Which tax structure are you talking about? To put this in american terms you will win the wing war buying silver
>>525903679>I bought most of my silver a few year ago after seeing how emotionally and worried shills were about the stacking.>-28% on your sale price>ETF - 15/20%kek
>>525903751the USyou pay taxes for coins and pay taxes for capital gains, i.e., the larger they are (longer holding period), the more you pay its not about the amount of silver, its about your profit
>>525903857In one thread the shill hit 100pbtid so I bought a 100oz Gadsen bar.I assume opst-war germanbros aren't allowed to own metal currencies anymore? Or is it just a 30% VAT "exit tax"?
>>525903679>I bought most of my silver a few year ago after seeing how emotionally and worried shills were about the stackingYou mean like the German kike itt?
>>525904133ok, i just buy gold with 0% taxes and sell it with 0% taxes.but enjoy your big gainsCalculate your net profit after taxes and how much the price would have to change for that.stonkkangz
>>525904101Are you american diaspora?
>>525904289Dunno, I just use shills as a contrarian indicator and it tends to work out really well.>>525904465You assume I plan on selling silver for dollars, instead of goods+services.
>>525903241>>pays taxes to buy silverNo tax in my country, seethe>>pays taxes to sell silverNo tax to sell in my country, seethe more>>GUYS it has risen 1 centI'm up 7x in my currency, keep seething>>it has only to rise 78% to break even (without inflation)I got rich buying silver
>>525900063Im investing in oil. I love big oil
>>525904622Checked.Notice how the narrative shifts without the slightest hint of awareness or irony?
>>525904561no, just self made rich>>5259045972 more weeks until the total collapse and you can trade 20 oz for 1 pack of antibiotics>>525904622>Taxable portion: As with other capital gains, 50% of the realized profit from the sale of silver is taxable. This half is added to your taxable income and taxed at your personal marginal tax rate.ok
>>525905200>2 more weeks until the total collapse and you can trade 20 oz for 1 pack of antibioticsFor historical context, I was concerned I might be buying BTC too close to the top when it was $600-700/ea.My mining rig took so much work to maintain, wasn't even break-even on power, and only producing 0.15btc a week.Tell me how well your past forecasts and financial planning has worked out for you?
>>525905200
>>525905498>larps as BTC oldfags>waste his time with 20$ profit with silverkek, yes, you are a very rich boomermanyour 2k$ gaydsen silver bar will make a magnificent dilator and after 20years you will make 3k $ with it, -28% tax
>>525905829>Taxes on profitsHow is that different from any other investment?Is this investment advice or just sneeding?
>>525905829Watching you work, pushing jew paper tools and trying to fud physical silver in this thread tells me I need to go buy another 100oz of silver.
>>525906984I know he's only 9pbtid but I'm gonna grab another 10oz in his honor
>>525907747Good for you, anon. The absolutely awful shilling against silver convinced me to yolo into it. I'm sitting on a lot of physical silver, but worry about my 15k shares of PSLV (5k oz) in retirement accounts. I don't worry about my stack in my hands.
>>525903357Get out poojeet
>>525908174If the price ever dips again I'm backing the truck up . It's just not worth buying big at the absolute peak. If we missed the chance then just gotta pay closer attention for the next opportunity.
>>525908963In 2023, you could get physical silver for close to $18. I don't think its going back down, which is why im.glad I got most of mine under $30. But I did pick a few hundred oz at around $50 with no regrets.
>>525906436Different investments have different tax rates.Are you struggling or just pretending?>>525906984yes, never forgetbuy high, sell low
>>525909464You're a thoroughly distasteful person, your every post shows your soul, anon. It shouldn't make you angry that I have personally sequestered over 10000 oz of silver for my personal wealth protection, but it does.
>>525905829When you get this upset about strangers owning silver, it makes everyone suspicious of your motives.
>>525909464 >>525909804Thanks for hitting 10pbtid Germanbro.>28% taxWeird, I live in the worst-taxed state of commifornia and only paid 7%? What gives?
Where do you even get these faggot numbers from you clownJust pick a random stock and call it silver? I wish mods would ban shill spam like this, these people are trying to make their worthless investment in old metals worth something by duping more users. Ban them.
Based $100 at the end of next month march is when the real popping off begins COMEX and LBMA paper games are coming to an end, enjoy the show
>>525910647Physical silver prices?
>>525900063How low can the dollar go?Better question is "how much purchasing power will a unit of silver provide for me in the future?" The answer is "A LOT more than today."
>>525910647>Where do you even get these faggot numbers from you clown>Just pick a random stock and call it silver?Shalom
I missed out buying gold when I could in the early 2ooo’s at 300$ an ounce because I was told it wasn’t going to do me any good. Being dumb and young I listened to this fool. I regretted it ever since.
