[quote=moneymaker]So i did sell my paper silver and made a few dollars per ounce/share, just realized though that when I sell my hard silver bullion I will not have to pay taxes on the gains. Am i missing something or is this a really good way not to pay taxes on gains. Know I will pay transaction fee but that will still be less than income/capital gains taxes.[/quote]
Well, you are suppose to report your gain. Just like you’re suppose to report sales tax for internet purchases.
And, if you leave such gold/silver/bullion to your kids, you’re suppose to report that as part of your estate.
