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Investing in silver, like other precious metals, is about far more than tax considerations. While Capital Gains Tax (CGT) may come into play for higher-value transactions, it shouldn’t overshadow the many advantages silver, gold and other precious metals offer as a form of savings and a store of value. Silver and gold have a timeless appeal, offering financial security in a volatile world, and that’s what makes it so compelling for stackers like myself and those of the #silvergoldstackers community here on #hive.
Let’s briefly touch on CGT. In the UK, profits above £6,000 from personal possessions may be subject to this tax! However, most smaller transactions fall well below this threshold, meaning that for many stackers, CGT is less of a concern. Even for larger stacks, the benefits of silver far outweigh potential tax liabilities.
Silver is particularly attractive for its ability to protect wealth against inflation. Unlike paper currencies, which lose purchasing power over time, silver maintains intrinsic value, providing a financial safety net. Whether you’re stacking bullion bars, coins, or a mix of both, silver acts as a savings vehicle that retains, and often grows in, value during periods of economic uncertainty... Buckle up, 2025 is shaping up to be a real doozy.
For those seeking to build wealth efficiently, silver bars are an excellent starting point. Larger bars come with lower premiums per gram, offering maximum metal for your money. Second-hand silver bars, in particular, can be a cost-effective way to bulk up your stack. A 5kg pre-owned silver bar, for example, might cost significantly less per ounce than its brand-new counterpart, without sacrificing any of the metal's inherent value. Often saving over £1000 when buying second hand on the open market.
Coins, meanwhile, offer a different kind of appeal. Beyond their silver content, coins often carry historical or artistic significance, making them ideal for collectors and enthusiasts. They can also serve as conversation starters or thoughtful gifts. While coins may come with a slightly higher premium than bars, their versatility and beauty make them a popular choice for many stackers.
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One of silver’s most practical qualities is its liquidity. Unlike gold, which can feel out of reach for everyday transactions, silver is perfectly suited for trading or bartering. Silver coins, in particular, are widely recognised and easily exchanged, whether through auction sites, community forums, or private sales. While I would never condone tax evasion—since it is against the law—it’s worth noting that many avenues exist for trading silver discreetly and legally.
At its core, silver stacking is about more than just investments; it’s about financial resilience. In a world where inflation erodes savings and economic uncertainty looms, silver stands as a reliable store of value. Whether you’re safeguarding your family’s future or simply building a tangible form of wealth, silver offers a sense of security that no fiat currency can match.
You left out that physical gold and silver is far more beautiful than a capital account statement.
!HUG
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