Comment: I think the catch is...

In post: Circumventing Currency Usage, Am I Crazy Seriously

I think the catch is...

Submitted by kevink on Mon, 02/25/2013 - 21:25. Permalink

...that, due to legal tender laws, you have to pay capital gains tax on the appreciation on the silver. However, I'm not 100% sure if you pay when you acquire the silver or when you spend it. I think it's the former (you pay when you acquire it) though.

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Comment: I think the catch is...

I think the catch is...

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