That is awful that daszecher (VAT) - how backward is the West? Asian nations are encouraging citizens to buy and hoard gold and silver whilst the west want to make it too expensive to possess. This would be part of the reason for the massive wealth shift from West to East. SK.
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I never thought about that! You're completely right. What a perfect way to discourage people from buying precious metals!!!
I bet they change the rules on capital gains tax too when the time comes for the price of silver to go higher!!!
You bet they will, only by then it will be too late. The latest talk is a move to an International Monetary Fund (IMF) Special Drawing Right (SDR). The IMF has heaps of gold, and they are jumping into bed with China and Russia who also have plenty of gold - so we might see a gold backed SDR. If your not holding gold (silver will follow) before this... you won't be. SK
Interesting!
I do hold a small amount but think that silver has more upside. However, I'd sell mining shares before I'd even consider selling the physical stuff!!!
Yes physical all the way man