The fiat tax scam on precious metals
How is it that governments can devalue their fiat currencies by printing and printing dollars and then tax gold and silver sales so called "profits" simply because they held their purchasing power.
You might simply be maintaining purchasing power in your gold holdings but after you sell you lose 30% after taxes. Putting your equity in your primary residence makes far more sense since you don't pay tax on it when you sell and buy a new one.
Obviously you don't want all your eggs in one basket but why tax gold profits and other precious metals?
u/CodexGold3142 — 19 hours ago