How To Avoid Capital Gains Tax

[ulrichsherry]

In Australia, you can purchase silver one ounce $1 "Kangaroos". They are legal tender and attract no tax other than GST on the service component if you buy from an exchange. Gold $100 coins are less bulky.

[tpowell]

I know the feeling! I love holding my silver to, there is no feeling like holding real money!

[ryanchase]

Good to hear your logical analysis. A Dead Cat Bounce is sorta that 1 small surge when it hits "a" bottom, but after it comes back down, it settles into a new lower bottom. It blows my mind how some people are still treating this like a buy the dip scenario. As traders we can still make good money, I trade with Bobby Lucas her skills set is exceptional.

[inthapipeline]

Been intending to order from here for about three months. Now finally ordered some coins using your referral; that was the sweetener I needed. Thank you and you’re welcome 😅

[wannabuyabridge]

I got some 'Queen's Beasts' for exactly that CGT reason. They're 2 oz and even chunkier.

[artdimino]

There are short term and long term capital gains rates in the US.
Long term is considerably less and is held for at least a full year.
Also, somebody posted a comment about ounces of gold or silver sold, and that's how to avoid capital gains. Look it up.
I don't think it has changed recently, but I'll update my research as well.
Best.

[stephencowie]

Same applies for gold sovereigns, no VAT or CGTAX, & is about 4.1 of a one Ounce Britannia. The sovereign, especially the QE 2 issues are easily transported through customs amongst pocket change as they are slightly bigger than a penny, looking similar due to the added 8.33% copper [added for durability]. Also easily recognised & traded in other countries due to past, English Empire.
Britannia Ounce of platinum was aslo CGTAX exempt, last time I checked.

Silver Ounces in the U.S. have recently seen their capital gains tax rise form 20% to 39%

[GMad-scuk]

I love Britannia’s and Maple’s…. I live in the US and avoid the ASE’s due to the ridiculous premiums. Britannia’s are my favorite coin!!

[mannyyu]

Great video man! Silver is also my choice of precious metals. Gold is ok, but I believe the gains are with silver 👌👌

[notpoliticallycorrect]

Excellent video!
Thank you for all that you do!

[cjchaworth]

Gold coins are exempt from CGT too, and they are also exempt from VAT, which silver/platinum coins aren’t. However, they are only classed as legal tender if they were produced by the Royal Mint.

[matt]

Lewis, supporting the channel with a recent hoodie purchase. cheers.

[suny.]

Great video, thank you! I bought as well in Canada silver coins and just waiting for the price to sky rocket! 🚀

[markpett]

Interesting, I’ve also seen you can buy gold and silver from Swiss bullion and pay with XRP

[Mizzie]

Great. I did buy some of those Britannia’s last year

[TheRawai]

No capital gains for me yet. Still sitting on a paper loss.

[karoblazenko]

Same in Croatiia (EU)... gold completely tax-free, other precious metals only VAT, no capital gains tax

[robbo]

When the CBDC is introduced the pound will no longer be legal tender and then you will wish you opted for cheaper bars.

[jamie]

Love the Silver, I know your happy to have it. Have a great weekend!!1

[scotty]

Have bought all my silver from Bullion BY Post...didnt know about the capital gains tax...great info mate...ive 1/2 bars 1/2 brittania's....coins only from now on, cheers