The Daily Paul has been archived. Please see the continuation of the Daily Paul at Popular Liberty.com

Thank you for a great ride, and for 8 years of support!

Comment: I think the catch is...

(See in situ)


I think the catch is...

...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.